Clarence and Partners advised LetsVenture (LV Angel Fund) on its investment in Akshalabdhi, a pioneering Indian space tourism venture operating in the deep-tech sector.
The Firm advised the investor on the full suite of definitive agreements, ensuring strong downside protection and alignment with the investor’s strategic objectives. The Firm advised the investor regarding the Investment Agreements, led negotiations on their behalf and advised on ancillary documents, securing robust rights around governance, exit, anti-dilution and compliance.
The transaction team was led by Clarence Anthony (Founding Partner), with support from Neha Thakur (Associate Partner).
Let’sVenture has extended strategic support to space-tech startup Akashalabdhi, aligning with its deep-tech investment thesis. The startup was featured at LetsIgnite 2025, Let’sVenture’s flagship event, as part of its curated startup showcase. This visibility has helped Akashalabdhi engage with a wider base of angel investors and potential backers interested in frontier technologies.
Akashalabdhi is a Bengaluru-based firm at the forefront of space exploration technology. Their mission is to develop expandable space habitats that enable sustainable living in outer space. The Company is in collaboration with SpaceX and Indian Military.
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