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Khaitan & Co Guides SIDBI Venture Capital in Major Pre-Series A Funding for OTPLess Solutions

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.

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