Cyril Amarchand Mangaldas

Cyril Amarchand Mangaldas

News and developments

Cyril Amarchand Mangaldas acted as legal counsel for Tatvartha Health Private Limited

Cyril Amarchand Mangaldas (CAM) advised Tatvartha Health Private Limited (Traya) and its Promoters on Series B CCPS investment by Xponentia Opportunities Fund II for a stake of 6.68% in Traya for a value amounting to approximately INR 75 crores).

The transaction team was led by Dhruv Singhal, Partner; with support from Aparna Menon, Senior Associate; Hina Tolani, Associate; Shivangini Singh, Associate; Bhavya Arya, Associate; and Rushil Mehta, Associate.

Other parties to the transaction are: Fireside Ventures Investment Fund – II; Whiteboard Capital Fund – I; and Beacon Trusteeship Limited- Kae Capital Fund III (acted as existing investors)

The transaction documents was signed on 27th March, 2024 and closing was done 28th March, 2024.