Deal Street

August 03, 2017

PlasmaGen Raises $25 Million From Eight Roads Ventures India


On August 1, Biopharmaceutical company PlasmaGen BioSciences Pvt. Ltd., said that it has raised $25 million (Rs 160.4 crore) from investors led by private equity firm Eight Roads Ventures India.

Spectrum Legal Partner Vaishnavi Bhaskaran advised PlasmaGen.

J. Sagar Associates advised Eight Roads and the team was led by Partners Manvinder Singh, and Nalin Bawa along with Senior Associate Upasana Gupta.

Reportedly, the investment will help PlasmaGen expand its product portfolio, deepen market penetration and strengthen its product supply chain.

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