LegaLogic Advises Infinite Uptime in US$ 18.85 Million Series B3 Round led by Tiger Global
LegaLogic Consulting advised Infinite Uptime on the India leg of the transaction in the US$ 18.85 Million Series B3 round led by Tiger Global.
Existing investors GSR Ventures, VenturEast, Mayfield, and Japanese firm THK also participated in the extended Series B3 funding exercise.
Founded in December 2015, Infinite Uptime offers tailor-made solutions with remote condition monitoring, data-driven machine diagnostics and digital reliability services using intelligent data analytics to help improve plant reliability and offer failure predictability for manufacturing facilities.
https://techcrunch.com/2023/05/22/tiger-global-india-infinite-uptime-funding/
https://www.vccircle.com/tigerglobal-leads-18-mn-round-in-iot-firm-infinite-uptime
LegaLogic was the sole legal counsel for Infinite Uptime for the India leg of the transaction and advised on review, negotiation and finalization of deal documentation, and closure.
Siddhesh Iyer, Pranav Divgi, Vaibhavi Vaidya, Janhavi Shringarpure, Prashant Krishnani and Tanmayee Apte worked on this deal with Vikas Agarwal.
