![](/media/13098/agi-opening.png?crop=0,0,0,0.0004520795660035372&cropmode=percentage&width=1200&height=900&rnd=133613688900000000)
US$1.8 million seed round investment in iBind Systems Private Limited led by Wavemaker Pacific 5, L.P.
![](/media/3552/weekly-deal-summaries-img3.jpg?anchor=center&mode=crop&width=1200&height=900&rnd=132006800610000000)
Allen & Gledhill, as transaction counsel, advised Wavemaker Pacific 5, L.P. (“Wavemaker”), a venture capital firm, which led the US$1.8 million seed round investment in iBind Systems Private Limited. (“iBind Systems”).
iBind Systems is an Indian-based technology company that solves the problem of slow and unstructured deal cycle closures for banks with their corporate and retail customers.
Advising Wavemaker was Allen & Gledhill Partner Nicholas Soh.