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.
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.