We are pleased to announce that Acuity Law acted as the sole legal advisor to Venktesh Investment and Trading Company Private Limited (“Venktesh”) in its investment in Arcatron Mobility Private Limited (“Company”). Venktesh was the lead investor in this series B funding round of INR 12.5 crores. To read more about the transaction please click here.
The Company is engaged in the business of designing and manufacturing healthcare and other products for assisted living. Frido, a brand subsidiary of the Company also offers a wide range of mobility devices and products.
Acuity Law’s role was to provide legal advice and support for reviewing, negotiating, and finalizing the transaction documents including share subscription agreement, shareholders agreement and other ancillary documents.
The transaction team members at Acuity Law were Souvik Ganguly, Aman Bagaria, Tanuj Modi and Kinjal Katkoria.