“J. Sagar Associates (JSA) advised Microsoft Corporation, in relation to investment by M12, a venture capital division of Microsoft Corporation, in Robotic Wares Private Limited (popularly known as FarEye) for approximately US$ 10 million by way of subscription to compulsorily convertible preference shares issued by Fareye in the Series D round. M12 was the lead investor in this round. The other investors who participated were Eight Roads Ventures India III LP (Eight Roads) for approximately US$ 5 million, Honeywell Venture Capital LLC (Honeywell) for approximately US$ 5 million and SAIF Partners India V Limited (SAIF) for approximately US$ 3 million.
FarEye is engaged in machine learning predictive platform for businesses to execute, track, collaborate, predict and optimize movement of goods.
JSA Team comprised Partner – Lalit Kumar, Senior Associates – Amandeep Singh Virk and Radhika Gupta and Associate – Aakanksha.
The tax related aspects were advised by Partner – Kumarmanglam Vijay.”
Amandeep’s practice areas are general corporate commercial, mergers and acquisitions and private equity.