LegaLogic Advises MetaMorphosys Technologies in US$ 3 Mn Funding Round led by Info-Edge backed Capital2B

We are pleased to announce that LegaLogic Consulting advised MetaMorphoSys Technologies (https://metamorphtech.com/) in its funding round of US$ 3 Mn led by Info-Edge backed Capital2B. Other investors and AL Trust also participated in the round.

MetaMorphoSys Technologies is a business-to-business (B2B) SaaS-based low code platform pre-configured with benefits, coverages, rules and vocabularies to help insurance companies launch innovative products across categories such as motor, travel, property, life and health.

Read more at:

1. https://economictimes.indiatimes.com/tech/funding/insurtech-startup-metamorphosys-raises-3-million-in-funding-led-by-capital2b/articleshow/93609786.cms?from=mdr
2. https://inc42.com/buzz/insurtech-startup-metamorphosys-raises-funding-to-help-businesses-launch-insurance-products/

LegaLogic (www.legalogic.co.in) was the sole legal counsel for MetaMorphoSys and advised on drafting, negotiation, finalization of deal documentation and closing of the transaction.

Prakhar Sharma, Akhil Charan and Tanvi Garaty worked on this deal with Vikas Agarwal.

Commenting on the transaction, Amit Naik, Co-Founder & CEO of MetaMorphoSys said: “I want to congratulate LegaLogic team on the excellent support provided to us in this funding round. It was great to have LegaLogic team doing meticulous work on this deal right from LOI, Due Diligence, documentation and final closure. Thanks to Vikas, Prakhar, Akhil and Tanvi for their crucial advise and execution of the transaction”