TLH, Advocates & Solicitors Advised Bijlibox India Private Limited on its Pre-seed Funding Round

TLH, Advocates & Solicitors acted as legal counsel to Bijlibox India Private Limited (a company engaged in the development of electricity storage and power supply systems) on its pre-seed fundraise by way of subscription to compulsorily convertible preference shares. The firm advised on the drafting, negotiation, and finalisation of the definitive transaction documentations.

The investment round was led by Theia Ventures Fund I, with participation from Rainmatter by Zerodha, Momentum Capital, Social Alpha and a group of angel investors. The investment marks Bijlibox’s first institutional funding round and supports the distributed battery energy storage infrastructure for India’s commercial and industrial (C&I) sector.

The transaction team comprised of Prateek Batra (Partner), Mayank Labh (Senior Associate), Vanshika Gupta (Associate) and Rishit Bhushan Srivastava (Associate).