Phoenix Legal advised Iron Pillar Fund, an existing investor of Sedemac Mechatronics Private Limited (Sedemac Mechatronics), in their latest investment endeavor.
Iron Pillar Fund participated in a significant USD 100 million funding round led by Xponentia Capital Partners, A91 Partners, and 360 ONE Asset.
Leading the transaction for Phoenix Legal were Partner Sumit Sinha and Associate Jyoti Vats Mishra, ensuring comprehensive legal guidance throughout the investment process.
About Sedemac Mechatronics: It operates as a prominent electronic controller manufacturing enterprise, specializing in the design, research, development, manufacturing, and supply of electrical, electronic, and electro-mechanical products. The company primarily serves the two and three-wheeler segments with its innovative solutions.
About Iron Pillar Fund: It is a venture capital firm that focuses on investing in mid-stage technology companies primarily in India. The fund targets companies that are poised for growth and have the potential to become leaders in their respective sectors. Iron Pillar typically invests in sectors such as consumer tech, enterprise tech, fintech, and healthtech.
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