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Sastasundar Ventures’ arm inks pact with BCCL

17 Jul 2018 Evaluate

Happymate Foods (HFL), a step down subsidiary of Sastasundar Ventures and subsidiary of Sastasundar Healthbuddy has entered into a Share Cum Warrant Subscription Agreement and Advertisement Agreement with Bennett, Coleman and Company (BCCL) on July 16, 2018.

Pursuant to the aforesaid agreement, the HFL shall issue equity shares and Convertible Warrant to BCCL. In lieu of the aforesaid agreement BCCL will assign/ transfer one of its Trademark under Food Category to HFL and also arrange for advertisement space in the print media run by BCCL.

Sastasundar Ventures provides various financial services in India. It operates through Financial Services, Digital Consumer Engagement Platform, and Digital Pharmacy & Healthcare Store.

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