Corner Store Technologies that operates its pharmacy business under the ‘LifCare’ brand has raised USD 11 million (over Rs 75 crore) in Series B funding round from SAIF Partners, Nexus Ventures & IL&FS..VERTICES PARTNERS represented LifCare with a team led by Partner Archana Khosla along with Associates Rachel Norohna and Namrata Mehta. Managing Partner Vinayak Burman gave certain strategic inputs..Dua Associates acted for IL&FS with a team led by Partners Karan Ajitsaria, Manoj Menon, and BR Srinivas along with Managers John Chirayil and Siddharth Suresh..Nexus and SAIF were represented by their in-house counsel..The funds will be used to expand LifCare’s geographical presence and further invest in technology, reported Business Standard.
Corner Store Technologies that operates its pharmacy business under the ‘LifCare’ brand has raised USD 11 million (over Rs 75 crore) in Series B funding round from SAIF Partners, Nexus Ventures & IL&FS..VERTICES PARTNERS represented LifCare with a team led by Partner Archana Khosla along with Associates Rachel Norohna and Namrata Mehta. Managing Partner Vinayak Burman gave certain strategic inputs..Dua Associates acted for IL&FS with a team led by Partners Karan Ajitsaria, Manoj Menon, and BR Srinivas along with Managers John Chirayil and Siddharth Suresh..Nexus and SAIF were represented by their in-house counsel..The funds will be used to expand LifCare’s geographical presence and further invest in technology, reported Business Standard.