Acko Technology & Services’s Raising Fund

Shardul Amarchand Mangaldas & Co. advised Multiples Private Equity Fund III on the deal.

Acko Tech executed a Series D fund raise. This fundraise values Acko Tech at approximately USD 1.1 billion, making it a unicorn.

The investment was led by Multiples Private Equity Fund III. The other investors that are participating are General Atlantic, Canada Pension Plan Investment Board, Lightspeed Venture Partners Select IV Mauritius, as well as existing investors, Intact Ventures and Munich Re Ventures.

The Shardul Amarchand Mangaldas & Co. team was led by Partner Shailaja Lall (Picture); Anu Susan Abraham, Partner; Arush Upmanyu, Principal Associate; Uday Opal, Principal Associate; and Anupam Choudhary, Associate.

Involved fees earner: Rohan Arora – Shardul Amarchand & Mangaldas & Co.; Anu Susan Abraham – Shardul Amarchand Mangaldas & Co; Anupam Choudhary – Shardul Amarchand Mangaldas & Co; Shailaja Lall – Shardul Amarchand Mangaldas & Co; Uday Opal – Shardul Amarchand Mangaldas & Co; Arush Upmanyu – Shardul Amarchand Mangaldas & Co;

Law Firms: Shardul Amarchand & Mangaldas & Co.; Shardul Amarchand Mangaldas & Co;

Clients: Multiples Private Equity Fund;