Pristyn Care, a health delivery start-up, has raised USD 12 Million in Series B funding from Sequoia Capital (along with its affiliate), Hummingbird Ventures (along with its affiliate), Greenoaks Capital and AL Trust wherein these investors subscribed to preference shares of Pristyn Care.
Veyrah Law advised Pristyn Care, led by partner Ajay Joseph; principal associate Arun Mohanty; associates Priyanka Zaveri and Anshul Pandey. The Veyrah Law team assisted Pristyn Care with structuring, drafting/negotiating the term sheet, drafting/negotiating and signing the transaction documents and closing.
Algo Legal advised Sequoia Capital and its affiliate, led by partner Archan Chakraborty; senior associates Ayush Mohan and Radhika Sarkar; associates Rahul Roy and Shruti Mahajan.
Belgium based Cresco Business Law Firm advised Hummingbird Ventures and its affiliate led by senior associate Wim Van Berendoncks.
Pristyn Care was founded in late 2018 and offers patients affordable advanced surgical care through innovative surgical techniques and recovery measures. It offers patients a range of elective surgeries across proctology, gynaecology, urology and ENT.
The deal was completed on November 16, 2019 and announced on December 18, 2019.