Update on Deal Closing of NephroPlus

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Update on Deal Closing of NephroPlus

December 11, 2019

We are glad to report that Samisti Legal, Advocates and Legal Advisors based out of Hyderabad has been involved in a deal closing transaction for NephroPlus. Global alternative asset manager Investcorp has closed a funding round in NephroPlus and also provided an exit to one of the company’s existing investors.

NephroPlusis a dialysis service provider headquartered in Hyderabad and currently has about 196 centers, spread across 116 cites in 20 states in India. The Company intends to expand its presence in the home market, as well as establish its footprints overseas, including in the Middle East and Southeast Asia.

Samisti has been associated with NephroPlus for four (4) years. Samisti has undertaken Vendor Due Diligence (VDD), Corporate Secretarial work and other Transactional work on behalf of NephroPlus for this investment.

Mr. Prashant Jain, Partner along with Ms. Anita Dugar, Senior Associate of Samisti Legal and their entire team was involved in this transaction.

Testimonial from Mr. Vikram Vuppala, Founder CEO, NephroPlus “Prashant has gone beyond our expectations in supporting the transaction closure in a practical and time sensitive manner which was badly needed in such a complex multi-party transaction”.

We would like to thank the promoters of NephroPlus for giving us this opportunity and for appreciating our work. This deal has been reported in the media. Please do read the publication to know more details and feel free to reach out to us.

Team Samisti Legal https://www.samistilegal.in/

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