Update on Medlife Acquisition of Eclinic24/7

We are glad to report that Samisti Legal, Advocates and Legal Advisors has been involved in Medlife acquisition of EClinic24/7. Medlife International is a Bengaluru-based online pharmacy platform and through this acquisition, Medlife along with the provision of telephonic consultation, will also be able to provide chat and video based doctor consultation. Mr. Prashant Jain, […]
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Update on Medlife Acquisition of Medlabz

We are glad to report that Samisti Legal, Advocates and Legal Advisors has been involved in Medlife acquisition of Medlabz. Medlabz is a Mumbai-based, digital healthcare platform and is a diagnostics at home services company. Medlife International Private Limited, a Bengaluru-based company has consolidated its diagnostic business with the technology and the logistic strengths of […]
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Update on Acquisition of Stake in Medplus by Premjiinvest

We are glad to inform that Samisti Legal, Advocates and Legal Advisors has been involved in advising MedPlus Health Services Private Limited with respect to the acquisition of stake by  PremjiInvest, in MedPlus, a Hyderabad-based pharmacy chain. Mr. Prashant Jain, Partner, of Samisti Legal has advised MedPlus Health Services Private Limited in this deal. The […]
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Update on Apollo Microsystem Buy of Ananya Sip

We are glad to inform that Samisti Legal, Advocates and Legal Advisors has been involved in advising on the acquisition of Ananya SIP RF Technologies by Apollo Micro Systems. Apollo Micro Systems is involved in catering to defense and aerospace sectors and post acquisition, the company is aimed at expanding the business towards establishing radio […]
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Update on Supermoney’s $1m Fundraise

We are glad to inform that Samisti Legal, Advocates and Legal Advisors has been involved in a fundraise transaction. Fintech platform SuperMoney raised $1m i.e. INR 7 crore from an early-stage investor Unitus Ventures and the start-up has planned to use the money for the purpose of strengthening its team across technology, business development and […]
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Update on Healthplix Deal

We are glad to inform that Samisti Legal, Advocates and Legal Advisors, has been involved in a fundraise transaction for HealthPlix. HealthPlix is a Bengaluru- based Healthtech start-up and has raised $3m from IDAG Ventures and Kaalari Capital for the purpose of strengthening its technology and the expansion of its team and services in various […]
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Covid-19-EPF Contribution

To mitigate the liquidity crisis during the current severe situation with regard to the tremendous spread of Covid-19, the Government of India has introduced ‘Atmanirbhar Bharat Package’ under which the contribution under Employees Provident Fund & Miscellaneous Provisions Act, 1952 (“EPF Act”) has been reduced to 10% from the existing rate of 12% for all […]
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Presentation on Estate Planning

Presentation-on-Estate-Planning.pptx
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Lock-Down 4.0-Payment of Wages in Andhra Pradesh, Telangana and Maharashtra

A. LOCK-DOWN 4.0 BY GOVERNMENT OF INDIA: For the best interest of the public in general and as a part of safety measures from the adverse effects of Covid-19, the Government of India, through its notification dated May 17, 2020[1] (“Notification”) has extended the period of lock-down till May 31, 2020[2], however, through the same […]
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Essentials of an Employment Agreement

A. INTRODUCTION: An employment agreement is a legally binding contract which lays down the terms and conditions of employment and establishes an employer-employee relationship. An employment agreement clearly details the roles, responsibilities and obligations of the employer and the employee along with various other terms and conditions. The labour laws do not explicitly mandate the […]
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