Majmudar & Partners and US law firm Kim Law Advisors advised San Francisco’s Burill & Company in its Rs 54 crore ($10m) primary and secondary investment in the Trilegal-advised Bangalore-based Strand Life Sciences, including buying out its lead investors WestBridge Capital and Ascent Capital. WestBridge was advised by AZB & Partners.
Majmudar Bangalore partner N Raja Sujith acted for Burill which is a diversified global financial services firm focussed on the life sciences sector.
Trilegal Bangalore partner Kosturi Ghosh acted for Strand in what Biospectrum Asia reported was a series B financing by Burill.
AZB & Partners Bangalore partner Srinath Dasari acted for WestBridge – a series A lead investor in Strand, which according to Startup Central had picked up a 20 per cent stake in the company for a reported $1.9m in 2002.
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The folks involved with the deal should themselves proffer the info, so that they do not look like back scratching, favour-trading influence peddlers hood winking their unsuspecting clients - not that they are, of course. Let them detail their deal teams do we may assess their press releases.
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