Distinct Origins, operating as Manam Chocolate, has raised $9 million in a funding round led by Omnivore Agritech & Climate Sustainability Fund 3, with participation from the Tur mor consortium.
DSK Legal acted as legal counsel to Omnivore for the transaction. The firm’s role included conducting legal due diligence on the company, drafting the Share Subscription Agreement and Shareholders’ Agreement, assisting with transaction documents required to satisfy conditions precedent and to close, and providing secretarial support related to the fundraise.
The transaction team comprised Alpna Arya, Principal Associate; Vignesh Adithyan, Senior Associate; Malini Satheese, Senior Associate; and Tejaswini Sundar, Associate. Sameena Chatrapathy, Partner, served as the lead engagement and relationship partner for the transaction.
Founded in 2021 by Chaitanya Muppala, Hyderabad-based Manam Chocolate is a craft chocolate company that works with a network of more than 250 farmers and manages over 3,000 acres of cacao farms.
Also Read: Manam Chocolate Raises $9 Million in Series A Funding Led By Omnivore
Commenting on DSK Legal’s role, Reihem Roy, Partner of Omnivore, said, “Working with Sameena and her team has been one of the most reassuring experiences. Their exceptional legal acumen, strategic thinking, and unwavering commitment to achieving the best outcome sets them apart. Beyond their technical expertise, they possess a rare ability to simplify complex issues, provide practical solutions, and inspire complete confidence at every stage of the matter.”
He further added, “After having worked with Sameena for much more than a decade now on several deals, I can say without hesitation that she and her team are among the finest legal professionals. Their integrity, responsiveness, and dedication to their clients is truly remarkable. I wish the very best for their new chapter at DSK Legal. They are an asset to anyone they associate with.”
FAQs
- Who is Omnivore?
Omnivore is a venture capital firm that invests in startups focused on agriculture, food systems, climate sustainability, and rural innovation.
- Who invested in Manam Chocolate?
The funding round was led by Omnivore Agritech & Climate Sustainability Fund 3, with participation from the Tur mor consortium.
- What is DSK Legal?
DSK Legal is an Indian law firm that provides legal advice on investments, corporate transactions, mergers and acquisitions, and regulatory matters.
- What is legal due diligence in a funding round?
Legal due diligence is the process of reviewing a company’s legal, regulatory, and compliance records before an investment is completed. It helps investors identify potential risks.
