J. Sagar Associates (JSA) advised Media Development Investment Fund (MDIF) in relation to an investment by its private equity fund, Emerging Media Development Fund I, LP (EMOF), in Josh Talks Private Limited (Josh Talks) – a social tech start-up based in Gurugram. This was part of the Pre-Series A funding round and also saw participation from certain existing investors of Josh Talks.
Founded in 2015, Josh Talks is engaged in the business of producing and distributing inspirational content online and offline, and undertaking related event management activities.
JSA team comprised Joint Managing Partner – Vivek K Chandy, Senior Associate – Pooranimaa Hariharan and Associate – Sanjna Vijh. Partner – Kumarmanglam Vijay provided inputs on direct tax aspects and Partner – Manish Mishra and Senior Consultant – Shikha Parmar provided inputs on indirect tax aspects.
Kumarmanglam is an equity partner of the firm and also heads the direct tax and regulatory practice at JSA. He has more than 25 years of experience in matters relating to direct taxation (including international taxation, transfer pricing, litigation, anti-avoidance laws, and M&A tax), accounting, and corporate laws including mergers and acquisition, joint ventures, foreign investments, market entry strategy, and corporate restructuring.