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Gunderson Dettmer Recognized by PitchBook as Most Active VC Law Firm in India and Southeast Asia for the 1st half of 2021

August 21, 2021Firm News

Gunderson Dettmer continues to earn top rankings as the #1 VC Law Firm Globally in PitchBook’s Global Venture Capital League Tables. In addition, the PitchBook database confirms that Gunderson Dettmer handled more venture and growth equity transactions in India and Southeast Asia for the first half of 2021 than any other law firm in the world.

In the first six months of 2021, the deals handled by Gunderson Dettmer included over 40 companies with approximately 200 investors, and nearly $4 billion raised for the most promising companies in the region – on pace for a significant increase compared to 2020, where Gunderson Dettmer handled transactions involving over 50 companies with approximately 300 investors and nearly $6 billion raised over the full 12 month period.

“In the latter part of 2020 and the first half of 2021, we have seen a tremendous pace of venture capital financings across Southeast Asia and India. We are proud to represent some of the most active investors and innovative companies across the region,” said Jonathan Pentzien, Managing Partner of the Singapore office.

Of particular note, among numerous early stage and late stage financings focused on India and Southeast Asia:

Gunderson Dettmer represented Prosus Ventures as it co-led the $350 million Series E financing of API Holdings, the parent company of Pharmeasy, one of India’s largest digital pharmacies, along with private equity firm TPG Growth. This round makes Pharmeasy one of India’s newest unicorns.

Gunderson Dettmer represented Lightspeed Venture Partners and SoftBank Ventures in the $17 million Series A financing of Endowus, a digital wealth advisor based in Singapore.

Gunderson Dettmer represented ErudiFi, an education financing platform, in its $5 million Series A financing co-led by Monk’s Hill Ventures and Qualgro.

Gunderson Dettmer represented Super, a social commerce platform in Indonesia, in its $28M Series B financing led by SoftBank Ventures.

Gunderson Dettmer represented Lightspeed Venture Partners as it led the $280 million Series D-1 financing of Udaan, a business-to-business ecommerce platform.

In the first half of 2021, Gunderson Dettmer closed more venture capital deals globally than any other law firm in the history of PitchBook’s annual league table. This result reflects Gunderson Dettmer’s continued market leadership in the venture capital marketplace and reinforces previous recognition as the most active law firm in the world every year since 2014.

Gunderson Dettmer is the only business law firm singularly focused on the global venture capital and emerging technology marketplaces. With more than 350 attorneys in ten offices worldwide, Gunderson promotes innovation, entrepreneurship and technology by representing investors and companies at every stage in the growth lifecycle.