Month: June 2019

‘Ordinary Course of Business’ in Investment Agreements: Is it Useful Defining the Phrase?

General Corporate

It is quite common to notice the phrase ‘ordinary course of business’, used across various investment and acquisition agreements. The phrase is used in VC/PE shareholder agreements to allow promoters/founders of investee companies the flexibility to operate without obtaining investors’ consent. Activities or business decisions that are in the ‘ordinary course’ are usually exempt from …

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Veyrah Law advises Pristyn Care on raising USD 4 Million from Sequoia India

Announcement

Pristyn Care, a health delivery start-up, has raised USD 4 Million in Series A funding from Sequoia India wherein Sequoia India subscribed to equity and preference shares of Pristyn Care. Veyrah Law advised Pristyn Care, led by partner Ajay Joseph; associates Anshul Pandey and Priyanka Zaveri. The Veyrah Law team assisted Pristyn Care with structuring, …

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