Nabarro advise on Indian fundraising
17 April 2008
Nabarro LLP has advised i2india Holdings Limited (i2india) on raising a total of £1.7 million in seed funding from a range of investors, including CMG Partners and Imperial Innovations Group plc. i2india is a technology commercialisation and investment company formed by CMG Partners in conjunction with Imperial Innovations Group plc (Imperial Innovations), the AIM listed technology transfer and investment vehicle of Imperial College, London.
i2india has been set up to develop and commercialise intellectual property originating from a range of Indian research institutes, universities, corporations and organisations all based in the Indian subcontinent with whom Imperial Innovations and CMG Partners have strong relationships. The company will enable world-class Indian institutes to capitalise on their intellectual property which remains largely underexploited.
The Nabarro team was led by corporate partner Clare Grayston and associate Leon Miller with Ben Price.
Corporate partner Clare Grayston commented:
“We are delighted to be involved in the establishment of i2india. The Indian subcontinent is increasingly becoming the focus of investment activity and this venture presented another opportunity for Nabarro to establish its credentials in this arena.”
Nabarro has an established cross-discipline practice working on inward and outward investment in the Indian subcontinent.
If you would like any further information or have any queries please contact:
Charlotte Tandy
Lansons Communications
T +44 (0)20 7566 9706
charlottet@lansons.com
