EndureAir Systems logo

LegaLogic Advises EndureAir Systems in Seed Investment Round of US$ 1.3 Million

The Deal:  LegaLogic Consulting advised EndureAir Systems Private Limited (https://endureair.tech/in) in its seed investment of US$ 1.3 Million.

 Deal Description: EndureAir Systems Private Limited (https://endureair.tech/in) raised US$ 1.3 Million in its seed investment by Hydra Trading Private Limited – led by Jalaj Dani, co-promoter of Asian Paints. Other investors from Addverb Technologies also participated in the round.

EndureAir Systems is an unmanned aviation technology company focused on providing world-class aerial robotic solutions suited for the Indian market.

https://www.moneycontrol.com/news/business/iit-kanpur-incubated-drone-startup-endureair-systems-raises-1-7-million-8848961.html/amp

https://www.thehindubusinessline.com/companies/unmanned-aviation-start-up-endureair-bags-135-cr-funding/article65657408.ece

LegaLogic (www.LegaLogic.co.in) was the sole legal counsel for EndureAir and advised on the review, negotiation and finalisation of the deal documentation and closing of the transaction.

 Team: Partner: Vikas Agarwal; Senior Legal Advisor: Prakhar Sharma; Other team members: Akhil Charan and Tanvi Garaty.

Related Posts