Amarchand & Mangaldas & Suresh A. Shroff Co. acted as advisors to IDFC Private Equity Fund III in relation to its investment in Parag Milk Foods Private Limited. As a private equity investor, IDFC Private Equity Fund III acquired a minority stake in Parag Milk Foods Private Limited by way of subscription and secondary purchase of shares. AMSS Team comprised of Raghubir Menon, Partner, Ekta Gupta, Senior Associate, Rishi Anand, Senior Associate, Neha Udeshi, Associate and Anisha Gupta, Associate.