The novel coronavirus, or COVID-19, pandemic is spreading rapidly across the globe. As per the recent updates at least 155 countries are now affected by this recent outbreak. In India, at least 126 active cases of novel coronavirus are reported.
Expressing her views on the pandemic and its effect on India’s economy, Roma Priya, Founder of Burgeon Law, a new-age boutique law firm that provides a one-stop legal shop to emerging companies, incubators, accelerators, angel investors, family offices and venture capital/ private equity funds says , “The Indian funding economy is seeing the impact of Coronavirus and we are getting a lot of queries from promoters to enquire about the potential extension of their funding rounds and impact on closure. Most promoters are looking at extending the runway of their current capital to ensure they get past the prevailing uncertainty in the investment space. There still remains a lot of potential in the Indian market. We hope that the situation is controlled and limits its impact on the Indian economy.”
Burgeon Law was founded in 2015 by an entrepreneurial lawyer, mentor, and start-up enthusiast Roma Priya, it has facilitated 400 plus deals since inception. It has successfully represented leading Indian and international clients from multiple jurisdictions such as Singapore, USA, the UK, Mauritius, China, and Japan.