DLS Law Offices Advises Ankurit Capital

DLS Law Offices advised Ankurit Capital in their investment in Eroute Technologies Private Limited (Omnicard) for its $3 Million Pre-Series A Round.

DLS Law Offices provided end-to-end support and assisted Ankurit Capital with its investment structuring, advisory, due diligence, transaction documentation, and negotiation of the same. The deal team provided guidance on various ancillary aspects of the transaction, ensuring a smooth and effective execution of the transaction and investment.

Omnicard, a business spend management startup and a versatile and innovative financial solutions provider, specialising in prepaid cards and customised payment solutions. They offer a seamless and secure payment experience, emphasising user convenience and financial control. Their commitment to technology and customer satisfaction positions them as a leading player in the fintech space, providing cutting-edge solutions that enhance the way people manage and utilise their finances.

Ankurit Capital, a Category I Alternative Investment Fund (AIF), registered with Securities and Exchange Board of India, sponsored by Venture Gurukool.

The team was led by Managing Partner, Mr. Dipti Lavya Swain and the team included Associate, Mr. Avnip Sharma.