In a significant move within the venture capital sphere, Khaitan & Co has provided legal counsel to SIDBI Venture Capital Limited regarding its lead investment in OTPLess Solutions Private Limited’s Pre-Series A funding round.
Investment Overview: SIDBI Venture Capital Limited has strategically invested in Transformative Learning Solutions Private Limited, known commercially as The Ayurveda Experience. This investment is part of a Series C funding round totaling approximately USD 27 million, orchestrated by Jungle Ventures, SIDBI, Anicut Capital, and Sharrp Ventures.
Key Team Members:
- Sanchit Agarwal (Partner)
- Pulkit Chaturvedi (Principal Associate)
- Jubin Jay (Senior Associate)
For further insights into this landmark investment and the legal expertise provided by Khaitan & Co, you can view the detailed report here.