Urban Company’s $188 Million Series F Raising Found

AZB & Partners advised the investors, while Nishith Desai Associates advised Steadview Capital.

Urban Company has raised a $188 million round led by Prosus Ventures (Naspers), as per regulatory filings accessed via Tofler.

Two new investors DF International and Wellington Management also participated in the round along with existing investors such as Steadview Capital, Vy Capital and Tiger Global Management.

AZB & Partners advised fresh investor DF International Partners, managed by the Dragoneer Investment Group and were led by a team of partners Ashwath Rau (Picture), Srinath Dasari, Nanditha Gopal, Aditya Singh Chandel, senior associates Gautam Rego and Karishma Dugar. Rau also headed a team advising Tiger Global Management, Dragoneer Investment Group and Fidelity Management & Research Company, with partners Jasmin Karkhanis and Vipul Jain, and senior associates Aishwarya Gopalakrishnan and Tanya Pahwa.
AZB & Partners also advised Naspers Ventures B.V. (an affiliate of Prosus N.V.) led by a team of partner Vaidhyanadhan Iyer, and senior associate Jeet Chaudhuri.

Nishith Desai Associates advised Steadview Capital with a team led by lawyers Vivek Kathpalia and Devanshi Jaiswal.

Involved fees earner: Srinath Dasari – Azb & partners; Karishma Dugar – Azb & partners; Nanditha Gopal – Azb & partners; Aishwarya Gopalakrishnan – Azb & partners; Vipul Jain – Azb & partners; Jasmin Karkhanis – Azb & partners; Tanya Pahwa – Azb & partners; Ashwath Rau – Azb & partners; Gautam Rego – Azb & partners; Aditya Singh Chandel – Azb & partners; Devanshi Jaiswal – Nishith Desai Associates; Vivek Kathpalia – Nishith Desai Associates;

Law Firms: Azb & partners; Nishith Desai Associates;

Clients: DF International Partners ; Dragoneer Investment Group; Fidelity Management & Research Company; Naspers; Tiger Global Management;

Author: Sonia Carcano