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Legasis for 1Crowd Group, JSA for Ankur Cap on fundraise of rural healthcare provider Karma

Rajasthan-based healthcare provider Karma Primary Healthcare Services has raised an undisclosed amount in a funding round led by early-stage investor and equity crowd-funding platform 1Crowd and its investor community, according to a press release by Legasis Partners. The health-tech startup had earlier attracted funding from Ankur Capital.

Legasis Partners acted and advised the 1 Crowd Group in the deal, led by partner Apurv Sardeshmukh and associates Mugdha Joshi, Vaishnavi Bhat, Aanchal Lamba and Bhavi Desai.

J Sagar Associates (JSA) acted for early investor Ankur Capital Fund, led by Mumbai-based partner Manav Raheja.

Karma Primary Healthcare Services was advised internally by its own in-house team.

Founded by Jagdeep Gambhir, a former technology analyst with Goldman Sachs, Udaipur-headquartered Karma HealthCare began its operations in 2014 and is involved in improving access and efficiency of primary healthcare services in rural India using technology. It sets up chains of rural health centers which provide web-enabled patient-doctor consultations, face-to-face doctor consultations and medicines to patients and currently operates four rural healthcare centers and has served over 6,000 patients.

2017-12-28


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