Desai & Diwanji represent Pavestone Technology in a deal

It is probably the largest venture capital funding into the defence sector

Update: 2022-03-29 04:45 GMT

Desai & Diwanji represent Pavestone Technology in a deal It is probably the largest venture capital funding into the defence sector Indian law firm Desai & Diwanji have acted on the Pavestone Technology fund with Rs.160 crores investment in a drone technology startup. Pavestone has invested in NewSpace Research and Technologies, a Bengaluru-based venture. The funding was...


Desai & Diwanji represent Pavestone Technology in a deal

It is probably the largest venture capital funding into the defence sector

Indian law firm Desai & Diwanji have acted on the Pavestone Technology fund with Rs.160 crores investment in a drone technology startup.

Pavestone has invested in NewSpace Research and Technologies, a Bengaluru-based venture. The funding was raised at an undisclosed valuation.

Desai & Diwanji's Prerana Chaudhari (Associate Partner) led the transaction. She was assisted by Rahul Deodhar (Associate Partner), with inputs from Siddharth Mody (Partner).

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