News

• Benchmark Litigation - 17-05-2024

We are delighted to share that we have been ranked in 7 practice areas in Benchmark Litigation Asia Pacific 2024 edition.

• Business Standard - 08-05-2024

We are pleased to announce that Phoenix Legal has successfully advised Punjab National Bank (PNB) on the funding aggregating INR 2000 Crores advanced to SJVN Green Energy Limited for funding its ongoing/upcoming renewable energy projects. This credit facility is of a revolving nature that allows SJVN Green Energy Limited to draw down funds on an ongoing basis as per the construction requirements of its projects.

• - 03-05-2024

We are pleased to announce that Phoenix Legal advised Matrix Partners India and Kae Capital on their follow-on investment in the USD 14 million Series B funding round of Foxtale Consumer Private Limited (Foxtale). The Series B funding round was led by Panthera Growth Partners. The investment round also attracted investment from Foxtale's existing investors, Matrix Partners and Kae Capital, who had last invested in Foxtale in 2023.

• Medical Buyer - 30-04-2024

We are pleased to announce that Phoenix Legal advised Sehgal Path Lab Private Limited and its promoter, Dr. kunal sehgal, in relation to a strategic collaboration with Neuberg Diagnostics. Sehgal Path Lab Private Limited, headed by Dr.Kunal Sehgal, is engaged in the business of running and operating a pathology laboratory and providing clinical diagnostic services. Neuberg Diagnostics is one of India's leading diagnostic service providers with reach in 250+ cities across the globe (including in countries such as UAE, South Africa and USA).

• Medical Buyer - 30-04-2024

We are pleased to announce that Phoenix Legal advised Sehgal Path Lab Private Limited and its promoter, Dr. kunal sehgal, in relation to a strategic collaboration with Neuberg Diagnostics. Sehgal Path Lab Private Limited, headed by Dr.Kunal Sehgal, is engaged in the business of running and operating a pathology laboratory and providing clinical diagnostic services. Neuberg Diagnostics is one of India's leading diagnostic service providers with reach in 250+ cities across the globe (including in countries such as UAE, South Africa and USA).

• Matrix Partners Times - 12-04-2024

We are pleased to announce that Phoenix Legal advised Matrix Partners and Nexus Ventures Partners on its investment in a seed funding round of USD 20 million in Neysa Networks Private Limited (Neysa). This investment marks a significant milestone for Neysa, India's first AI cloud and platform-as-a-service startup. Neysa will offer a suite of Generative AI platform and services, helping clients discover, plan, deploy, and manage their Generative AI projects cost-effectively and secure their AI landscapes in the cloud and at the edge in a consumption-based model. The transaction for Phoenix Legal was led by Mr. Sumit Sinha, Partner along with Ashima Dewan, Partner and was assisted by Vishesh Minocha, Associate and Vipluv Mittal, Associate.