{"id":61802,"date":"2026-07-25T18:16:31","date_gmt":"2026-07-25T12:46:31","guid":{"rendered":"https:\/\/www.legalindia.com\/news\/?p=61802"},"modified":"2026-07-29T18:17:59","modified_gmt":"2026-07-29T12:47:59","slug":"vertices-partners-advises-open-secret-on-inr-50-crore-funding-round-led-by-desai-brothers","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/news\/vertices-partners-advises-open-secret-on-inr-50-crore-funding-round-led-by-desai-brothers","title":{"rendered":"VERTICES PARTNERS advises Open Secret on INR 50 crore funding round led by Desai Brothers"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Mumbai, 24th July 2026:<\/strong>\u00a0One of India\u2019s leading corporate law firm\u00a0<strong>VERTICES PARTNERS, legal advisor to Open Secret (Immaculatebites Private Limited), recently advised the D2C snack brand<\/strong>\u00a0on its latest\u00a0<strong>funding round of INR 50 crore (approximately USD 5.2 million), led by Desai Brothers Group.<\/strong><br>The funding will aid Open Secret in advancing its offline retail presence throughout India. The company will also be directing the secured funds to expand its product portfolio and enhance its operational efficiency by leveraging AI assistance throughout its supply chain.<br>VERTICES PARTNERS provided end-to-end legal counsel support regarding all aspects of the transaction for Open Secret. Led by Vishal Mehta, Partner, VERTICES PARTNERS and supported by Associate Manager Nisha Dharod. Vinayak Burman, Founder &amp; Managing Partner, VERTICES PARTNERS, provided tactical oversight and direction throughout the mandate.<br>Speaking on the development,\u00a0<strong>Vinayak Burman, Founder &amp; Managing Partner, VERTICES PARTNERS<\/strong>, said, &#8220;<em>Open Secret has made a significant space for growth in India&#8217;s healthy snacking category. The fundraise underscores a crucial milestone in the brand\u2019s journey. We are elated to have legally advised the company for this transaction. We heartily congratulate Open Secret, Desai Brothers Group and all stakeholders involved in the transaction.<\/em>&#8220;<br><strong>Vishal Mehta, Partner, VERTICES PARTNERS<\/strong>, added, &#8220;<em>Consumer-first organisations are leading the investor interest streak on the back of their scalable business models and mindfully designed product lineup. The transaction for Open Secret has aided us in garnering new insights about a growing sector within the country, while facilitating all the parties to achieve a successful transaction.<\/em>\u201d<br>The transaction underscores VERTICES PARTNERS&#8217; increasing presence in venture capital and private equity transactions, especially in the technology and high-growth startup sphere. The firm advises founders, growth-stage companies, investors and strategic stakeholders on complex fundraising, mergers and acquisitions, corporate structuring and other strategic transactions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai, 24th July 2026:\u00a0One of India\u2019s leading corporate law firm\u00a0VERTICES PARTNERS, legal advisor to Open Secret (Immaculatebites Private Limited), recently advised the D2C snack brand\u00a0on its latest\u00a0funding round of INR 50 crore (approximately USD 5.2 million), led by Desai Brothers Group.The funding will aid Open Secret in advancing its offline retail presence throughout India. The [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":61803,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[48170],"class_list":["post-61802","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-law-news","tag-vertices-partners"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>VERTICES PARTNERS advises Open Secret on INR 50 crore funding round led by Desai Brothers - Legal News India - Supreme Court &amp; High Court Updates<\/title>\n<meta name=\"description\" content=\"Mumbai, 24th July 2026:\u00a0One of India\u2019s leading corporate law firm\u00a0VERTICES PARTNERS, legal advisor to Open Secret (Immaculatebites Private Limited), - Get the latest legal news from the Supreme Court, High Courts, and government. Essential updates on judgements, acts, and in-depth analysis for lawyers, advocates, and law students in India.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.legalindia.com\/news\/vertices-partners-advises-open-secret-on-inr-50-crore-funding-round-led-by-desai-brothers\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"VERTICES PARTNERS advises Open Secret on INR 50 crore funding round led by Desai Brothers - Legal News India - Supreme Court &amp; High Court Updates\" \/>\n<meta property=\"og:description\" content=\"Mumbai, 24th July 2026:\u00a0One of India\u2019s leading corporate law firm\u00a0VERTICES PARTNERS, legal advisor to Open Secret (Immaculatebites Private Limited), - Get the latest legal news from the Supreme Court, High Courts, and government. 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