Corner Store Technologies that operates its pharmacy business under the ‘LifCare’ brand has raised USD 11 million (over Rs 75 crore) in Series B funding round from SAIF Partners, Nexus Ventures & IL&FS..VERTICES PARTNERS represented LifCare with a team led by Partner Archana Khosla along with Associates Rachel Norohna and Namrata Mehta. Managing Partner Vinayak Burman gave certain strategic inputs..Dua Associates acted for IL&FS with a team led by Partners Karan Ajitsaria, Manoj Menon, and BR Srinivas along with Managers John Chirayil and Siddharth Suresh..Nexus and SAIF were represented by their in-house counsel..The funds will be used to expand LifCare’s geographical presence and further invest in technology, reported Business Standard.
