Exploring Infinities Edtech Private Limited (Bhanzu), has raised $2 Million in its seed funding round in 2021 led by Lightspeed and a few other angel investors and founders of Indian start-ups.
Bhanzu further raised $15 million in 2022 in the funding round led by the global investment firm Eight Roads Ventures. B Capital also invested in the round from its Ascent Fund.
Trust Legal advised and acted for Bhanzu in the $2 million transaction.
The transaction team consisted of Sudhir Mishra (Founding Partner), Petal Chandhok (Partner) and Rupali Gupta (Associate Partner).
Neelakantha Bhanu, the Founder and CEO, Bhanzu, said,
“It has been great working with Petal and Rupali at Trust Legal. They’ve helped us navigate quicker through the diligence in our seed round”.
IndusLaw advised Lightspeed India and B Capital Ascent Fund in this transaction.
The transaction team for Lightspeed India consisted of Manish Gupta (Partner), Raashi Singh (Senior Associate) and Poojita Saxena (Associate),
The team acting for B Capital Ascent Fund comprised Rashi Saraf (Partner), Keshav Vijayan (Senior Associate) and Viral Dave (Associate)
Bombay Law Chambers acted for Eight Road Ventures
DMD Advocates advised Bhanzu in the $15 million transaction.
The transaction team consisted of Sumit Sinha (Partner), Ashima Dewan (Counsel), Sukanya Bhattacharya (Senior Associate) and Arnav Mittal (Associate).
Bhanzu is an edtech company formed by Neelakantha Bhanu, world’s fastest human calculator, with the aim to eradicate global “math phobia” among students.