Sanjivani Paranteral Limited announced that it has received INR 248.0466 million in funding from Nabs Vriddhii LLP, Plasma Commercials Pvt. Ltd., Venus Orchards Pvt. Ltd., Ashika Global Securities Private Limited

On February 5, 2024, Sanjivani Paranteral Limited closed the transaction. The company issued 600,000 warrants at a price of INR 33.78 per warrant for gross proceeds of INR 20,268,000 and 16,86,000 equity shares at an issue price of INR 135.10 per share for gross proceeds of INR 227,778,600. The transaction included participation from India Equity Fund 1 for 600,000 shares INR 81,060,000, Ashish Kacholia for 370,000 shares INR 49,987,000, Monika Garware for 300,000 shares INR 40,530,000, Anurag Jain for 1,08,000 shares INR 14,590,800, Ashika Global Securities Pvt.

Ltd. for 1,08,000 shares INR 14,590,800, NABS Vriddhii LLP for 75,000 shares INR 10,132,500, Shalaka Devendra Chawla for 50,000 shares INR 6,755,000, Sudheer Mahajan for 25,000 shares INR 3,377,500, Venus Orchards Pvt. Ltd for 25,000 shares INR 3,377,500 and Plasma Commercials Pvt. Ltd for 25,000 shares INR 3,377,500.