DLS Law Offices Advised Ankurit Capital On Investment In Fintech Startup OmniCard

DLS Law Offices Advised Ankurit Capital On Investment In Fintech Startup OmniCard

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

Omnicard is a business spend management startup and a versatile and innovative financial solutions provider, specializing in prepaid cards and customized payment solutions. They offer a seamless and secure payment experience, emphasizing 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 utilize their finances.

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

This capital infusion will enhance OmniCard's technology infrastructure and expand its market presence.

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. their team provided guidance on various ancillary aspects of the transaction, ensuring a smooth and effective execution of the transaction and investment.

DLS Law Offices team advising on the transaction was led by Managing Partner, Dipti Lavya Swain and the team included Associate, Avnip Sharma.