Month: June 2019

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

General Corporate, M&A and VC/PE

June 20, 2019

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.

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

General

June 2, 2019

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.

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