Deal Corner December 01, 2009
Canaan VIII Mauritius along with individual investors made a VC investment
Canaan VIII Mauritius ("Canaan") along with individual investors made a VC investment by participating in the first round of fund raising by MXC Solutions India Private Limited ("MXC"). MXC, a Mumbai-based company provides an online platform to facilitate transactions in the automobile sector.
We, at Nishith Desai Associates, acted as legal counsel for Canaan in this transaction.