Universal Legal advised Rivaara Labs in raising Rs 60 crore in funding led by Amicus Capital, Kotak

Rivaara Labs Private Limited an emerging molecular diagnostic and point of care technology provider has successfully raised its first institutional round of equity led by Amicus Capital and Kotak Investment Advisors Limited in a move to upgrade and expand its reach. Mr. Bharat Vinod Daftary, Founder of Rivaara Labs Private Limited also participated in this round.

Universal Legal, led by Partner Rashi Kapoor Mehta and Associate Partner Neelkamal Chaudhary, represented Rivaara Labs Private Limited and Mr. Bharat Vinod Daftary on this fund raise.

Luthra and Luthra acted as legal counsel to Amicus Capital. The team comprised of Partner Deepak THM, and Associates Aishini Mandal, Ayush Gattani and Srijan Srivastava.

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