Sequoia Capital India invests in Voly
Global law firm Ashurst has advised Sequoia Capital India on its investment in start-up e-grocery delivery business Voly.
Firm: Ashurst (Sequoia Capital India).
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Deal: Global law firm Ashurst has advised Sequoia Capital India on its investment in Milko Grocery Holdings Pty Limited, trading as Voly, which operates an e-grocery platform that uses local “dark stores” to deliver groceries to consumers in 15 minutes.
Area: Equity capital markets.
Value: US$13 million.
Key players: The Ashurst team was led by partners Stuart Dullard and Natsuko Ogawa, who were assisted by partners Emma Butler, Trent Sebbens, Anita Cade, Pauline Tan and Lindy Randall, senior associate Mohamad Ardati, and associates Shojeeb Alam, Tom McCann, Olivia Sun, Elizabeth Melsom, Tidja Joseph, Kiana Hunter and Renata Labio.