PB Healthcare Services Private Limited has acquired digital health startup Fitterfly, to expand beyond hospitals and strengthen its preventive healthcare and chronic-disease management offerings.
Khaitan & Co advised PB Healthcare on all aspects of the acquisition.
The core transaction team consisted of Aditya Patni (Partner), Pulkit Chaturvedi (Principal Associate), Aayush Agarwal (Senior Associate), Gitika Mahawar (Associate) and Devika Garg (Consultant) with assistance from the following:
Intellectual property related aspects: Nirupam Lodha (Partner) and Gautam Wadhwa (Senior Associate);
Employment law related aspects: Abhinav Rastogi (Partner) and Ransher Singh (Senior Associate).
Argus Partners advised Fitterfly on this transaction.
The transaction was led by Ankit Guha and Neha Madan (Partners).
Arka Majumdar (Partner) advised on employment law aspects and Namitha Mathews (Partner) advised on real estate aspects of the transaction.
Founded in 2016 by Dr Arbinder Singal and Shailesh Gupta, Fitterfly is known for its clinically validated programs in diabetes reversal, obesity management, and heart health, and will allow PB Healthcare to integrate digital disease management with physical infrastructure.
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