Tranzmute Capital to invest in renal care devices maker Browndove

Turnaround specialist Narayan K. Seshadri-promoted Tranzmute Capital has invested in Browndove Healthcare , a Bangalore-based renal care focused medical devices firm. Existing investor Somerset Indus Capital Partners and the company's promoters have also made a follow-on investment alongside Tranzmute.Veritas Legal advised Narayan K. Seshadri, while Shardul Amarchand Mangaldas advised Somerset Indus Capital. Khaitan Legal Associates advised the target company and its promoters on the transaction.