LPO UnitedLex co-founder sells share to VCs with Amarchand, IndusLaw for $16m

August 5, 2011 Induslaw clients Helion Venture Partners, Canaan Partners and Sequoia Capital have bought an 18.1 per cent stake in legal process outsourcing (LPO) company UnitedLex for $16m (Rs 73 crore) by acquiring co-founder Ajay Agrawal’s share, who had drafted in Amarchand Mangaldas.

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