Shardul Amarchand Mangaldas & Co. (SAM) acted as lead transaction counsel to HealthifyMe Private Limited in connection with its strategic combination with Berry Street Health, Inc.
SAM’s comprehensive advisory role encompassed structuring the transaction, negotiating and drafting definitive transaction documentation, and managing stakeholder engagement across multiple investor groups. The transaction involved complex cross-border structuring spanning Singapore and India, requiring navigation of Singapore law, Indian exchange control regulations, Alternative Investment Fund (AIF) regulations, and applicable tax laws.
Berry Street Health, Inc. is a US-based healthcare company focused on nutrition and metabolic health. Healthify is a leading AI-powered digital health and wellness platform with a significant presence in India. This strategic combination unites Healthify’s pioneering consumer AI technology with Berry Street’s insurance-covered clinical care network in the United States. The combined business will be co-led by Noah Kotlove (CEO of Berry Street) and Tushar Vashisht (CEO of Healthify) as co-CEOs.
The SAM transaction team was led by Anant Dang, Partner, and Devesh Pandey, Partner, supported by Anshul Chopra, Principal Associate; Siddhant Bhasin, Senior Associate; Adrika Bisen, Associate; Vibhu Krishna Choubey, Associate; and Arushi Tiwari, Associate.
The tax team comprised Gouri Puri, Partner; Nimish Malpani, Principal Consultant; Neeladri Chakrabarti, Consultant; Ritvij Ratn Tiwari, Associate; and Tushar Kumar, Associate. The competition team comprised Rohan Mahendar Arora, Partner; Rahul Shukla, Principal Associate; Ritesh Puri, Senior Associate; and Pranika Goel, Associate.
Punya Varma, Counsel, advised on data privacy matters, while Apoorva Murali, Partner, and Anshika Chadha, Senior Associate, provided intellectual property counsel.
Rajah & Tann acted as Singapore counsel, and Inventus Law Technology Partners acted as US counsel to the HealthifyMe Group. Debevoise & Plimpton LLP served as trade counsel. Fenwick, Trilegal, and Allen & Gledhill LLP acted as US, India, and Singapore counsel, respectively, to the Berry Street group.