La Renon Healthcare, a pharmaceutical company has acquired 51% stake in Enaltec Labs. The deal values Enaltec at a post-money valuation of ₹180-200 crore.
Rajani Associates advised La Renon Healthcare and the team included:
Transation Team - Poorvi Sanjanwala (Partner), Nishtha Mehta (Senior Associate), Kashmira Bakliwal (Senior Associate) and Rutvik Rajagopal (Associate)
Diligence Team - Ankur Singhania (Partner), Kashmira Bakliwal, Rohan Gajaria and Rutvik Rajagopal.
Vertices Partners advised Enaltec Labs with a team led by Partners Amit Manubarwala and Vishal Mehta.
Managing Partner, Vinayak Burman provided strategic inputs.
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