Merisis advises Koye Pharmaceuticals on its debt fund raise from BlackSoil Capital

September 10, 2020

[vc_row][vc_column][vc_column_text]

Merisis Advisors is pleased to announce INR 30 crore debt fund raise for its client Koye Pharmaceuticals Pvt Ltd, a pharmaceutical
manufacturing company, from BlackSoil Capital

Koye Pharma was founded in 2013 by Preetish Toraskar and Ravindra Shenoy, both veterans of the pharma industry. Collectively they
have around 50 years of experience, which includes leading multi-national pharma companies as their managing directors

One of the fastest growing mid-sized pharmaceutical companies, Koye offers branded pharmaceutical products across therapeutic segments including womens healthcare, respiratory care, primary care, diabetes care and consumer healthcare. The company has a pan India presence and robust distribution network which covers over 1.4 lakh retail pharmacies. It employs over 400 qualified ambassadors who meet more than 50,000 doctors on a monthly basis across the country.

The company will primarily use the funds to strengthen its position in the domestic formulation market. It will also use funds for its working capital requirement which will arise with the growth of the company.

The company is backed by leading equity investors like Sequoia Capital, Premji Invest and has raised debt funding from InnoVen Capital.

About BlackSoil Capital
BlackSoil Capital is a Mumbai based specialized debt financing NBFC that offers venture debt, special situation lending and real estate focused lending to startups, high growth companies and developers. For more information, please visit https://blacksoil.co.in

About Merisis Advisors
Merisis Advisors is an investment banking advisory firm, offering independent advisory services to emerging growth and mid-market corporate clients and family offices, on mergers and acquisitions and fund raising activities (venture capital, private equity, structured credit). The firm also advises asset management companies on follow-on fund raise and exits for their portfolio companies. Merisis focuses on the technology, consumer, financial services and related sectors, having built significant domain knowledge and transaction experience. For more information, please visit www.merisisadvisors.com

Download Press Release

 

[/vc_column_text][/vc_column][/vc_row]

AUTHORS

No items found.

Suggested READS

Shreyas Chandra to head marketing for Merisis Opportunities Fund
Press
Housing.com acquires HomeBuy360 for $2 million
Press
Advised Ola Cabs On Its Series-a Fund Raise From Tiger Global
Press
Close to 900 funding deals to be inked in 2015
Press
Merisis Advisors advises the Wayne Burt Group on its divestment of Hydraulics Cylinder Business to Pennar Industries
Press
Merisis advises Truebil on US$14 mn funding round fromJoe Hirao & others
Press

Suggested READS

Merisis Group’s ValueBridge Capital Acquires Boon Capital to Strengthen Early-Stage Fundraising Advisory
Press
M&A Activity in IT Services: Key Trends in 2025 Shaping the Industry’s Future
Press
Enterprise Tech Insights 2024: Unveiling Top Investor Trends Shaping the Digital Landscape
Press
Driving Investments: Key trends in transportation and cleantech for 2024
Press
From RegTech to cross-border, fintech trends to watch out for in 2024
Press
Point of Sale Sector: Projected Trends For 2024 and Beyond
Press
Digital Chronic Disease Management – Fast Growing Opportunity in India
Blogs
Investment activity in the Technology sector in 2013
Blogs
Consumer Spotlight Q3 FY 2016 – M&A and Private Equity Perspective on the Consumer Sector in India
Blogs
Beyond RPA and SaaS Investments: The Rise of Vertical AI in Industry-Specific Automation
Blogs
Top Factors Steering Investments in the Consumer Sector in 2024
Blogs
Revolutionizing Grooming: How New-Age Brands Are Transforming the Men's Grooming Landscape in India
Blogs
No items found.
No items found.
https://thehubops.com/