J. Sagar Associates (JSA) advised and assisted Unitus Seed Fund India II (Unitus) in connection with its Series A investment into New Street Technologies Private Limited (NST), which is engaged in the business of providing technology based solutions (including block-chain components) to various financial institutions and other customers.
Unitus acquired a stake of around 16% in the company for an undisclosed amount.
The JSA team comprised Partner – Probir Roy Chowdhury; Senior Associate – Sherill Pal; and Associate – D Divyanshu.
Probir specializes in Corporate Commercial, Venture/Private Equity and Information Technology/FinTech. He has been involved in corporate transactions focused on the high technology industry including cross border Mergers & Acquisitions.