When the pandemic first hit India in 2020, law firm Lexygen announced its COVID Pledge to donate approximately $70,000 or Rs 50 lakh worth of legal advice to a mix of startups and later-stage Indian businesses. This year, in the wake of the second wave of the pandemic, the COVID Pledge 2.0 has been increased to $150,000 or Rs 1.10 crore of legal advice.
Vijay Sambamurthi, Founder and Managing Partner, Lexygen, joins us in this interview on the legal pain faced by startups, how the company’s pledge can help them, and words of advice for founders in a time of crisis.
Edited excerpts of the interview below:
YourStory [YS]: Tell us a bit about Lexygen – your founding vision, achievements so far, and plans ahead.
Vijay Sambamurthi [VS]: Lexygen is a law firm I founded in 2006, after having spent a decade in the legal profession. We are based in Bengaluru, but have a truly pan-Indian focus. We provide legal advisory services in the areas of fund formation, VC/PE investments and…