Singhania & Co has counselled the Small Industries Development Bank of India (SIDBI) and the Foundation for Innovation and Research in Science and Technology (FIRST) on their investment in Mild Cares for an undisclosed amount.
Partner Diviay Chadha led the transaction team, with the assistance of associate partner Nitish Mawkin, and associates Chaishta Channan, Anushka Agarwal, Shivangi Sharma and Garima Goel.
The law firm advised the investors on all aspects of the transaction, including legal due diligence, drafting and reviewing the transaction documents, secretarial compliance and closure formalities.
Singhania & Co also represented Mild Cares in the transaction. The company produces the MildCares brand, specialising in personal care and hygiene products for women through technology-led, sustainable solutions.
SIDBI is the main financial institution promoting, financing and developing the micro, small and medium enterprise (MSME) sector. FIRST is a private company established in 2018 and its address is at Kanpur in Uttar Pradesh state.
