Value Angels Investment Trust Engages Singhania & Co. for Investment in Innovative Startup
Singhania & Co. has recently served as legal counsel for Value Angels Investment Trust (VAIT), an early-stage Alternate Investment Fund (AIF), in their investment in Urbanaut Technologies Private Limited. This transaction underscores VAIT’s commitment to fostering innovation by backing startups that are driven by cutting-edge ideas and technologies.
Urbanaut Technologies: Revolutionizing Experience Discovery
Urbanaut Technologies specializes in operating a discovery platform that enables users to find, save, plan, book, and share experiences in various cities and regions. The platform serves as a comprehensive resource for consumers seeking local experiences while providing suppliers with integrated booking management and ticketing systems. This dual functionality streamlines the booking process for both users and providers, thus enhancing user engagement and satisfaction.
Comprehensive Legal Support Provided by Singhania & Co.
The team from Singhania & Co. played a pivotal role in advising VAIT throughout the investment process. Their responsibilities included:
- Conducting thorough due diligence on Urbanaut Technologies
- Drafting and reviewing transaction documents
- Ensuring compliance with secretarial regulations
- Facilitating closing procedures related to the investment
Key Team Members Involved
The legal advisory team was managed by:
- Diviay Chadha – Partner
- Amit Bansal – Partner
- Nitish Mawkin – Associate Partner
- Associates: Chaishta Channan, Ambuja Jain, Shivangi Sharma, Garima Goel
This collaboration illustrates the growing trend of investment into innovative platforms that enhance consumer experiences. As the startup landscape evolves, strategic partnerships like this one between VAIT and Urbanaut are essential for driving technological advancement.
