Firm Matters
Khaitan & Co advised Fullife Healthcare Pvt Ltd in connection with Series D fundraise by Fullife Healthcare Pvt Ltd for a total amount of INR 300 crores (~USD 33 million) from Elev8 and its affiliates through a combination of primary subscription (~INR 150 crores / ~USD 16.5 million) and secondary purchase (~INR 150 crores / ~USD 16.5 million).
Elev8 is an India-Focused growth stage fund. Elev8 focuses on investment in hyper growth companies. The fund backs teams that aim to create high growth yet sustainable businesses.
Elev8 is also India's first pro rata fund which has access to oversubscribed rounds of India’s top technology companies by investing alongside top-tier growth funds.
The Firm assisted Fullife in (i) review, negotiation and marking up of the transaction documents for Fullife’s fundraise; and (ii) execution, CP completion and closing of the transaction.
Deal Team
The core transaction team comprised of Nidhi Killawala (Partner), Anupama Singh (Principal Associate), Mohammad Kaif (Associate) and Sakshi Garg (Associate).
