International law firm, Trowers & Hamlins, has acted for Mumbai-based venture debt investor, VentureSoul Partners on its recent strategic investment into Metro Telworks.
The deal marks VentureSoul's sixth deployment from its maiden fund and will support Metro Telwork's expansion and in-building solutions across Asia, Africa and the Middle East.
Acting as the international counsel to VentureSoul, Trowers worked alongside Talwar Thakore & Associates as lead Indian counsel for the matter and CNPLaw LLP on certain Singapore regulatory aspects of the transaction.
Founded in 2004 and operating in 19 countries, Metro Telworks delivers radio-access-network (RAN) planning, network optimisation and its proprietary analytics platform to mobile-network operators and original-equipment manufacturers worldwide.
VentureSoul Partners is a SEBI-registered AIF Category II structured credit fund for new economy companies. Founded by experienced ex-bankers with over 65 years of cumulative experience, VentureSoul Partners provides growth capital to new age companies, with additional support for transactions such shareholder exits, ESOP buybacks, and M&A financing.
Debopam Dutta, Head – India Desk commented:
"We are delighted to have supported VentureSoul on this transaction which demonstrates our ability to handle highly structured and innovative deals In the Indian market. This strategic investment will provide Metro Telworks the capital flexibility it needs to accelerate 5G adoption across high-growth markets.
It was a privilege to work alongside our friends at Talwar Thakore & Associates and CNPLaw, and I am proud of the team’s dedication to delivering such a significant result within challenging timelines."
The Trowers team was led by Debopam Dutta and supported by Phoebe Lim (Senior Associate) and Jian-Jie Phang (Associate).
