Site icon SCC Times

Khaitan & Co advises Aditya Birla New Age Ventures in relation to its Series A investment in Orbi Health Private Limited

   

DEAL DETAILS

Aditya Birla New Age Private Limited | Overseas investment involving ODI-FDI structure

NO

HEADINGS

DETAILS

1.

 

Sector

Financial Services; Private Equity, Venture Capital

2.

 

Announcement Date

30-Aug-2022

3.

 

Completion Date

09-Sep-2022

4.

 

Name of Client

Aditya Birla New Age Private Limited

5.

 

Investor Details

Aditya Birla New Age Ventures Private Limited | India

6.

 

Investee Details

Orbi Health Inc | USA

Orbi Health Private Limited | India

7.

 

Deal Description

Series A fund raise by Orbi Health (developers of the healthtech start up Eka Care).

8.

 

Total Consideration

Confidential

9.

 

Team Members

The core team consisted of Moin Ladha (Partner), Kevin Shah (Principal Associate) and Sushmita Som (Associate) with assistance on regulatory aspects from Charu Singh (Associate) and Tanish Prabhakar (Associate)

10

Role of Firm

Advised Aditya Birla New Age Ventures in relation to its Series A investment in Orbi Health Private Limited dba eka.care.

11.

 

Unique Feature of Transaction

N/A

12.

 

Innovative Feature of the transaction

N/A

Exit mobile version