Lakshmikumaran and Sridharan advises Educational Testing Service (ETS) on Series C funding round in Leverage Edu along with other investors

New Delhi, 19th July 2023: Lakshmikumaran and Sridharan (LKS) acted as legal advisors to ETS and another co-investor on the Series C funding round for Leverage Edu. The round was led by ETS, a renowned US-based entity, along with prominent investors Blume Ventures, DSG Consumer Partners and Kaizen. LKS provided comprehensive transaction support including advising on structuring, legal due diligence, negotiations, finalization of transaction documents and closing related assistance.

Leverage Edu is a technology company operating an overseas-focused higher education counselling platform.

The LKS team, led by Mr. Kunal Arora (Partner) and comprising of Mr. Anupam Misra (Associate Partner), Ms. Dikshita Damodaran (Senior Associate), Ms. Anjali Menghani (Senior Associate), Mr. Archit Gupta (Senior Associate), Mr. Kumar Mangalam (Associate), and Mr. Ashutosh Sharma (Associate), played a crucial role in facilitating the transaction.

 

Who is LKS – a little about Lakshmikumaran & Sridharan

Lakshmikumaran & Sridharan (LKS) is a premier full-service Indian law firm specialising in areas such as corporate & M&A/PE, dispute resolution, taxation, and intellectual property. The firm, through its 14 offices across India works closely on litigation and commercial law matters, advising and representing clients both in India and abroad.

The firm has handled more than 30,000 litigation cases before various forums including 2,000 cases before the Supreme Court of India. Over the last 37 years, the firm has worked with over 15,500 clients which range from start-ups, and small & medium enterprises, to large Indian corporates and multinational companies.

 

The professionals within the firm bring diverse experience to service clients across sectors such as commodities, automobile, manufacturing, healthcare, IT/ITeS, FMCG, hospitality, real estate, petrochemicals, e-commerce, fintech, big data, renewables, cryptocurrency, gaming, and sports. The firm takes pride in the value-based, client-focused approach that combines knowledge of the law with industry experience to design bespoke legal solutions.

The firm’s driving principles to achieve our vision are integrity, knowledge, innovation, and collaboration