Khaitan & Co advised Pi Labs, an early-stage VC fund based in the UK, on the India law aspects of its investment in VerbaFlo Ltd. Pi Labs led funding round of VerbaFlo Ltd, which also included Haatch, Navigate Ventures, Old College Capital (University of Edinburgh’s in-house venture investment fund), global family offices and existing investors.
VerbaFlo Ltd is an AI communications platform transforming customer engagement for real estate businesses, which was founded in October 2024 and provides a platform for estate owners and operators to automate leasing, operations, and resident engagement through conversational AI.
The Firm provided structuring advise and assisted in the negotiation of the transaction documents.
The deal was assisted by:
Direct Tax: Rahul Jain (Partner) and Jinisha Jain (Senior Associate)
The core team consisted of Kartikeya Prakash (Partner), Akshat Anant Agarwal (Senior Associate) and Vidhi Damani (Associate)