Kenko Health, a start-up based on a health subscription model, has raised USD 12 Million in Series A funding from Sequoia Capital, Beenext Emerging, Orios Venture, Waveform Ventures, 9Unicorns Accelerator Fund-I and certain Angel Investors.
Veyrah Law advised Kenko Health, led by partner Ajay Joseph; principal associate Arun Mohanty; senior associate Anshul Pandey, and associate Pooja Agarwal. The Veyrah Law team assisted Kenko Health with structuring, drafting/negotiating the term sheet, drafting/negotiating and signing the transaction documents and closing.
Legalite Advisors advised Kenko Health on the secretarial compliances for the transaction.
L&L Partners advised Sequoia Capital, led by partner Nitin Gera, and associate Ayush Singh.
Founded in early 2020, Kenko Health offers health subscription plans to individuals and corporates with multiple benefits and discounts on routine doctor visits, lab tests, medicine costs and hospitalisation costs.
The deal was completed on February 15, 2022, and announced on the same date.