Bathiya, IndusLaw assist on pharma-tech acquisition

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Bathiya Legal, Indus Law assist on pharma-tech acquisition
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IndusLaw advised pharma-tech startup Pharmarack Technologies when ABCD Technologies acquired a 91.8% stake in it for ₹1.1 billion (US$14.8 million).

Shareholders in Pharmarack Technologies included the venture capital fund IvyCap Ventures, which used its in-house legal team for the deal. Bathiya Legal advised ABCD Technologies. The deal was announced on 1 April and has since closed.

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