Assentio Legal, Majmudar act on Browndove Healthcare fund raise from a group of investors

Bar & Bench June 6 2019
RenewBuy 130 crore fund raise from Lok Capital and IIFL

A group of investors lead by Dr. Ramesh Kancharla have invested in Browndove Healthcare Private Limited, a manufacturer and supplier of a complete range of medical devices in renal care products.

Assentio Legal, a firm set up in 2018 with offices in Chennai and Bangalore, represented the investors. The Assentio team was led by Bangalore Partner Renu Gopalakrishnan along with Associate Varsha Gopalakrishnan.

Majmudar & Partners acted for Browndove Healthcare and the team included N. Raja Sujith and Sushmita R from the Bangalore office.

Browndove Healthcare has a presence across India having its own stock points and branches in major cities including Bengaluru, Cochin, Chennai, Hyderabad, Mumbai and Delhi. It has been previously funded by healthcare focussed private equity firm,  Somerset Indus Capital.

 

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