Mumbai, July 24: Corporate law firm VERTICES PARTNERS has acted as legal advisor to D2C healthy snacking brand Open Secret (Immaculatebites Private Limited) in its ₹50 crore (approximately $5.2 million) funding round led by Desai Brothers Group.
The fresh capital will be used to strengthen Open Secret’s offline retail presence across India, expand its product portfolio, and improve operational efficiency by integrating AI across its supply chain.
VERTICES PARTNERS provided end-to-end legal counsel for the transaction. The mandate was led by Vishal Mehta, Partner, with support from Nisha Dharod, Associate Manager, while Vinayak Burman, Founder & Managing Partner, oversaw the transaction.
Commenting on the deal, Vinayak Burman said the funding marks an important milestone for Open Secret as it continues to grow in India’s healthy snacking market. Vishal Mehta added that the transaction reflects strong investor interest in consumer-focused brands with scalable business models.
The deal further strengthens VERTICES PARTNERS’ position in venture capital and private equity transactions, where the firm advises startups, founders, investors, and growth-stage companies on fundraising, mergers and acquisitions, and corporate structuring.
By: Sejal Thakur
