Three private equity funds Investcorp, Norwest Venture Partners and Gaja Capital together invested about Rs 800 crore ($110 million) to acquire about 31% stake in Xpressbees, the E-commerce focused end-to-end supply chain solutions provider.
— The Economic Times
IndusLaw advised Busybees Logistics Solutions Private Limited , operating as Xpressbees, led by a team of senior partner Suneeth Katarki and partner Winnie Shekhar, with associates Rashi Bharadwaj, Pavani Nath and Mahima Selvakumar.
Nishith Desai Associates advised Special Situation Investment A Pte Ltd led by a team including leader Simone Reis, leader Abhinav Harlalka and member and lawyer Devanshi Jaiswal.
Shardul Amarchand Mangaldas & Co represented Norwest Venture Partners X - Mauritius.
Update 20 November 2020: Shardul Amarchand Mangaldas & Co. advised Norwest Venture Partners led by a transaction team of partner Puja Sondhi, partner Sumeet Singh, senior associate Kartik D Monga, associate Meghna De, associate Shraddha Desai, associate Harjas Singh. Also advising were associate Rachel Noronha, associate Meghna De.
The transaction team for Paytm was led by Shardul Amarchand Mangaldas partner Raghubir Menon and senior associate Tanya Choudhary.
Cyril Amarchand Mangaldas represented Gaja Capital Fund II Limited and Gaja Capital India AIF Trust.
2020-11-09
Deal value: $110m
This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.
Click here if you are working with a law firm that has not been credited for this deal, and we will update the report promptly.
Click to show comments
at your own risk
(alt+c)
By reading the comments you agree that they are the (often anonymous) personal views and opinions of readers, which may be biased and unreliable, and for which Legally India therefore has no liability. If you believe a comment is inappropriate, please click 'Report to LI' below the comment and we will review it as soon as practicable.
threads most popular
thread most upvoted
comment newest
first oldest
first
threads most popular
thread most upvoted
comment newest
first oldest
first