Pioneer Legal played a crucial role in advising and supporting EXIM Bank during their participation in Clensta’s Pre Series B Capital raise. Clensta, a direct-to-customer personal care start-up, successfully secured a total of INR 75 Crores in combined equity and debt capital during this funding round. Leading the way was TradeCred, along with co-leadership from the Royal Family of the UAE. Notable investors also included Bollywood celebrity Parineeti Chopra, Mumbai Angels, Keiretsu, LetsVenture, and O2 VC Fund.
The core team responsible for orchestrating the transaction consisted of Partner Pritha Jha and Associate Khushboo Jha at Pioneer Legal. They provided essential guidance and assistance throughout the investment process.
Media links: Economic Times; Financial Express; VCC Circle; Business World; Times of India
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