Khaitan & Co Advised Fullife Healthcare On Its Series D Fundraise
Khaitan & Co advised Fullife Healthcare on its Series D fundraise
The leading law firm in India, Khaitan & Co advised Fullife Healthcare Private Limited in connection with its Series D fundraise, India. The transaction, aggregating to INR 300 crore (~USD 33 million), involved investment from Elev8 and its affiliates through a combination of primary subscription (~INR 150 crore / ~USD 16.5 million) and secondary purchase (~INR 150 crore / ~USD 16.5 million).
Elev8 is an India-focused growth stage fund that invests in hyper-growth companies and backs teams building high-growth yet sustainable businesses. It is also India’s first pro rata fund with access to oversubscribed rounds of leading technology companies by investing alongside top-tier growth funds.
The firm assisted Fullife Healthcare Private Limited in:
- (i) Review, negotiation and marking up of the transaction documents for the fundraise; and
- (ii) Execution, completion of conditions precedent and closing of the transaction.
The Khaitan & Co team was led by Nidhi Killawala (Partner), with support from Anupama Singh (Principal Associate), Mohammad Kaif (Associate) and Sakshi Garg (Associate).
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