JSA Represents FabHotels And TravelPlus

The deal team comprised of Kartik Jain (Partner), Debottam Chattopadhyay (Senior Associate), Anmol Mahajan (Junior Associate) and Alisha Chawla (Company Secretary)

JSA represented FabHotels and TravelPlus (operating under the entity Casa2 Stays Private Limited) in its Series C fundraise of INR 1,280 million from Panthera Growth Partners and Accel. FabHotels is one of India’s leading budget hotel brands and TravelPlus is a business travel and expense management platform.

JSA advised on all aspects of this transaction starting from structuring, drafting, negotiating and finalizing the transaction documents, assistance with satisfaction of the conditions precedent as well as closing/post-closing actions and other related activities. JSA also advised the client on several other incidental and ancillary aspects of the transaction such as, facilitating promoter liquidity through a secondary transaction and overseeing various other corporate actions related to this transaction.

Incoming investor Panthera Growth Partners was represented by Shardul Amarchand Mangaldas, Accel was advised by their in-house legal team while existing investor Goldman Sachs was represented by Trilegal.

The deal team comprised of Kartik Jain (Partner), Debottam Chattopadhyay (Senior Associate), Anmol Mahajan (Junior Associate) and Alisha Chawla (Company Secretary).

The Tax Team comprised of Kumarmanglam Vijay (Partner) and Shiv Singhal (Associate).

Tags assigned to this article:
jsa FabHotels TravelPlus

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