Advaita, BMR act on Da Vinci The Quint JV

Thursday, 19 November 2015 By Prachi Shrivastava Corporate M&A

Advaita Legal advised Berlin based educational television channel Da Vinci on forming a joint venture with Indian digital magazine The Quint which was advised by BMR Legal. The television programme Da Vinci Learning was launched in India on 18 November after the deal was completed.

Advaita principal Satyajit Gupta and associates Saurabh Sharma and Avichal Mathur acted for the Da Vinci Media and Da Vinci Media India.

BMR partner Amit Khansaheb and managing associate Nikhil Sachdeva represented The Quint.

Da Vinci GmbH was cleared for up to Rs 5 crore of FDI, by the Foreign Investment Promotion Board (FIPB) in November 2013, to set up a wholly owned subsidiary which would carry out the downlinking and distribution of a non-news and non-current affairs edutainment channel, reported Medianama.

Advaita LegalBMR Legal

Comments

BHAI 19 Nov 2015, 11:36
+7 -1
Congrats aviiiiii.. Now you can get married
Laloo Bhasin 19 Nov 2015, 12:28
+4 -4
Two CAs handling legal work! This is not done!
Colg ka Hritik Roshan 19 Nov 2015, 13:48
+4 -0
ovvvvvvviii you are the best!
cappie 19 Nov 2015, 16:48
+1 -4
True..advaiya is kpmg-backed?
Uninteresting 20 Nov 2015, 03:14
+4 -2
5 crores deal report? Really?
Lexpert 20 Nov 2015, 05:26
+2 -6
Well done, Advaita! Great to see the fledgling corporate and infrastructure practices coming up to partner the best in class tax litigation service!!
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