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LegaLogic acts for US’ IoT start-up Altizon in $7m Series A fundraise led by motorcycle maker TVS Motor

Two-wheeler major TVS Motor Company said that it has picked up 14.142% stake in the US-base IoT company called Altizon Inc through its Singapore-based subsidiary for a consideration of $25,00,000. In addition to this, the company has acquired 10 equity shares of Altizon India.
The Financial Express

LegaLogic Consulting advised Altizon Systems Private Limited led by a team of partner Vivek Sadhale, senior legal advisor Rutuja Deshpande.

2019-04-17

Deal value: US $7m

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

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