ThinkLaw and CMS INDUSLAW advised on Palmonas’ Rs.40 million Series B fundraise, guiding key legal aspects of the transaction. The fresh capital will help Palmonas expand operations, strengthen brand visibility, and accelerate growth by broadening its product offerings.
Demi-fine Fashion Private Limited, which runs the jewellery brand Palmonas, has secured $40 million in a Series B funding round led by Xponentia Capital and Vertex Growth Fund.
ThinkLaw Advocates acted for lead investor Xponentia Capital, offering full transaction support. This included legal due diligence on Palmonas, drafting and negotiating the deal documents, reviewing all paperwork, and assisting with closure-related formalities.
The advisory team was headed by Ankita Kashyap (Partner), supported by Vivek Narang (Principal Associate), Siddhant Bhargava (Senior Associate), Awdhesh Pandey (Senior Associate), and Associates Tanya Khandelwal, Adith Thottingal, and Simran Lakra.
ThinkLaw is a modern law firm focused on providing precise, research-backed and strategically crafted legal advice. Its team of committed legal professionals delivers personalised, detail-driven guidance, helping clients confidently navigate complex legal challenges.
Existing investor Vertex Ventures was advised by CMS INDUSLAW, with Kartik Ganapathy (Founding & Senior Partner) giving key strategic guidance.
The team also included Rashi Bharadwaj (Partner), Winnie Shekhar (Partner), and Associates Ayushi Gupta and Arnab Chakraborty. Corporate Secretarial support was handled by Ruhi Jain (Executive Director), Praveen Hegde (Manager), Adarsh Joshi (Senior Executive), and Fhareen Abdul Aziz Khan.
CMS INDUSLAW is recognised as one of India’s leading full-service law firms and ranks as the country’s 7th largest. With offices in Bengaluru, Chennai, Delhi, Gurugram, Hyderabad and Mumbai, the firm maintains a strong nationwide footprint.