NABVENTURES invests in Vilcart
![](https://acuitylaw.co.in/wp-content/uploads/2021/11/Vilcart-1024x576.png)
We are pleased to announce that Acuity Law acted as the legal advisor to NABVENTURES Limited and NABVENTURES FUND I (together referred to as NABVENTURES) in its investment in Vilcart Solutions Pvt. Ltd (Vilcart).
NABVENTURES Fund I is managed by NABVENTURES Limited, a wholly owned subsidiary of the National Bank for Agriculture and Rural Development (NABARD). Vilcart is a start-up company which is re-defining the rural unorganised retail industry with the use of technology.
Acuity Law assisted NABVENTURES in conducting the legal due diligence; drafting, negotiating and finalising the transaction documents; and assisted in closing the investment.
The transaction team members at Acuity Law were Souvik Ganguly, Akhil Ramesh and Altamash Qureshi.
To read more about the transaction please click here: https://www.vccircle.com/nabventures-fund-invests-in-pre-series-a-round-in-agritech-startup-vilcart