Obhan & Associates Represents Spectacom Global In Its Pre-Series A Funding By Rainmatter Health
LIVELAW NEWS NETWORK
12 Jun 2023 12:57 PM IST
Spectacom Global Private Limited (''Spectacom Global'') is a start-up operating in the wellness space, that creates path breaking health and fitness digital content and online training programmes. Spectacom Global owns BunkerFit, a state of the art, integrated and India's only vernacular holistic health and wellness app, which offers comprehensive modules on yoga, mindfulness, nutrition etc. Spectacom Global also holds a majority stake in Devils Circuit, India's largest obstacle running series, which was launched in 2012.
Spectacom Global raised Rs. 11 Crores in its Pre-Series A round from Rainmatter Health. Rainmatter Health is an initiative by Zerodha, one of India's largest online platforms for investment in stocks, derivatives etc. Spectacom Global plans to use the raised capital to drive growth by launching additional participative IPs and investing in content development, marketing and hiring.
Obhan & Associates acted as the legal counsel to Spectacom Global and reviewed and negotiated the transaction documents.
The transaction was led by a team comprising of Ashima Obhan (Senior Partner), Akanksha Dua (Principal Associate) and Shuchi Dutta (Associate).
ABOUT THE FIRM:
Obhan & Associates is a reputable, skilled and professionally managed full-service law firm in India, with offices in New Delhi, Pune and Bangalore. It offers end-to-end services in the fields of corporate law and intellectual property and has been consistently recognized by several reputed platforms as one of India’s leading law firms.
Obhan’s highly experienced corporate and M&A team provides a broad range of transactional and advisory services. It includes dedicated commercial lawyers who have expertise in drafting, negotiating and enforcing contracts involving a wide range of commercial arrangements. Its corporate law department has advised on and concluded several transactions, predominantly in the media & entertainment, fintech, education and technology industries.
