DSK Legal represented and advised DCDC Health Services Private Limited (“DCDC”) in relation to its Series C round of investment by IMP2 Health Pte. Ltd. (“ABC Impact”) (affiliate of Temasek).
The existing investors in DCDC include Asian Development Bank (ADB), and Danish SDG Investment Fund (IFU), with British International Investment (BII) (provided debt funding).
DCDC is engaged in the setting up, managing, and operating high quality modern medical dialysis centers /clinics, and in the provision of training programs to aspiring healthcare professionals.
The scope of work of DSK Legal included: (i) reviewing, revising, negotiating, and finalizing the shareholders agreement, share subscription agreement, and other transaction related documents (such as Amendment and Restatement Deed, Letter of Undertaking by exiting promoter, Disclosure Schedule, etc.); and (ii) assisting in the execution and closing of the transaction.
The DSK Legal team comprised of Nakul Batra (Partner), Palak Sehgal (Principal Associate), Devbrat Singh (Senior Associate), Aankhi Anwesha (Associate), Divisha Sharma (Associate), and Daksh Krishnan (Associate).
Deal Value: Approx. ~USD 18 Million
ABC Impact was represented by Khaitan & Co. (KCO)
ADB was represented by Talwar Thakore & Associates (TT&A).
IFU was represented by their in-house counsel.
InteQuant Advisors acted as investment bankers to the deal.
