DSK, Kanga on Indium V buy of deGustibus after deGustibus PE with IVFA

Exclusive
Friday, 24 July 2015 By Legally India Corporate M&A

DSK Legal advised Indium V (Mauritius) Holdings on buying approximately 75 per cent stake in hospitality chain deGustibus Hospitality which was advised by Kanga & Co. DSK Legal also advised India Value Fund Advisors (IVFA), which is raising $700m for Indium V, in its $30m infusion into deGustibus.

DSK co-founding partner Satish Kishanchandani, manager Pritha Jha and senior associate Kumar Kartikeya Prakash acted for Indium V and for IVFA.

Kanga partner Bhoumik Vaidya acted for deGustibus which owns and operates food and beverage brands like Indig, Indigo Deli, Neel, Tote on the Turf & Moveable Feast, will build India’s leading restaurant franchise in Mumbai and Delhi with IVFA, reported the Business Standard.

The Indium V, which was launched in November 2014, is a sector-agnostic fund focussed on mid market companies, and raised $500m by April this year, reported the Business Standard.

DSK LegalKanga & Co

Comments

Activ 24 Jul 2015, 15:38
+0 -0
Kanga in the news after a long time!

What is starting salary in Kanga nowadays?
booker 26 Jul 2015, 02:40
+0 -0
You start by paying them 11/- pm towards learning charges and then after 5 years your designation is elevated to 'junior solicitor'!
pyare lal vakeel 26 Jul 2015, 02:42
+0 -0
How is DSK Delhi office doing? I never get to hear often about it! Do they still maintain an office in Delhi?
@pyaare 27 Jul 2015, 11:53
+1 -0
Boss, DSK Delhi corp no news. Indian Law Partners goes from strength to strength with their high calibre partners.
pyare lal vakeel! 28 Jul 2015, 07:07
+1 -0
Somebody just told me that they have a very dynamic corp partner here posted! Please check your facts!
As the crow says 28 Jul 2015, 05:06
+2 -0
Bhowmick is a fine lawyer. Hard working and intelligent. A star to look out for not only in Kanga but also in the corporate law world. Good Luck to the young man.
Commenting is closed for this article.