DK Business Network
Trilegal advised Ashok Goel Trust in its acquisition of a 46.06% stake in Bambrew Plant Fiber Technology Private Limited, a Bengaluru-based sustainable packaging startup. The investment was part of Bambrew’s ₹90 crore fundraising round, which also saw participation from Enrission India Capital.
Trilegal’s Expertise
Trilegal’s team provided comprehensive legal counsel to Ashok Goel Trust, handling:
– Corporate matters: Led by Partner Delano Furtado, with support from Counsel SaumyaKakar and Associates Rhea Almeida, Pranika Correa, Anoushka Gahilot, and Punit Sanwal
– Tax advisory: Led by Partner Komal Dani, along with Counsel Divyam Mittal and Associate HimeeshaDhiliwal
– Banking matters: Led by Partner AmeyaKhandge, supported by Senior Associate Pragya Pugalia, and Associates Nimrat Dhillon and Aarzoo Gang
Bambrew’s Green Vision
Bambrew is a sustainable packaging startup offering biodegradable and reusable alternatives using natural materials like bamboo, sugarcane, and seaweed. And this new deal, in which Khaitan& Co acted as legal counsel to Bambrew, highlights the increasing importance of sustainability in business. Ashok Goel Trust’s investment in Bambrew reflects a growing trend of investors supporting eco-friendly initiatives.
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