Kanari Nutrition Private Limited, operating as Supply6, successfully raised capital from a Series A fundraise totaling ₹XXX million. Legal advisors Lex Consult and JSA Advocates facilitated the transaction, representing Supply6 and lead investor Unilever Ventures, respectively.
Supply6 Secures Series A Fundraise with Unilever Ventures
Kanari Nutrition Private Limited, known for its brand Supply6, has secured funding through a Series A fundraise led by Unilever Ventures. The transaction, which involved significant legal advisory from Lex Consult and JSA Advocates & Solicitors, marks a notable achievement in the Indian startup ecosystem.
Lex Consult, representing Supply6, was led by Partner Naresh Pareek, with support from Senior Associate Riya Trivedi and Associate Vibhor Jain. The advisory team navigated complex legal frameworks to ensure a successful capital raise. Simultaneously, JSA Advocates advised Unilever Ventures on the investment aspect of the transaction, ensuring compliance with regulatory requirements.
The deal not only highlights the confidence of investors in Supply6’s business strategy but also reinforces the strategic importance of legal counsel in mergers and acquisitions, particularly in the evolving Indian investment landscape.
For practitioners, this development serves as a reminder of the critical role that skilled legal advisors play in complex fundraisers, particularly in the startup sector where clarity and compliance are essential for successful capital raises.
