Triumvir Law, Khaitan act on Iztri raising funds from AJVC Fund

Iztri Services Private Limited has raised funds from AJVC Fund through a combination of CCPS and equity shares.

Triumvir Law advised Iztri and its founders, Rohit Ramesh and Ankit Choudhary, on this fundraise. The Firm was involved throughout the transaction, including reviewing and finalising the transaction documents such as the CCD Agreement, Share Subscription Agreement, Shareholders’ Agreement, and Employment Agreements. The Firm supported the founders in negotiating, closing and executing the transaction documents.

The transaction team consisted of Ajay Kumar (Partner), Ragini Chakraborty (Senior Associate) and Shivali Srivastava (Associate).

Khaitan & Co advised AJVC Fund on this transaction.

Iztri is a company based in Bangalore, which focuses on providing on-demand steam ironing services to address common pain points in the clothing care market. It aims to establish a network of organized clothing care stores across India.

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