Nishith Desai Associates (NDA) advised India’s largest e-commerce player Flipkart on buying out online fashion retailer Myntra which was advised by Indus Law. One of the existing investors IDG Ventures India I LLC which was advised by Samvad Partners.

NDA M&A and TMT partner Vaibhav Parikh and lawyers Arun Scaria and Sangeeta Rana acted for Flipkart on India’s largest e-commerce deal ever.

Samvad Partners co-founding partner Siddharth Raja and partner Nivedita Nivargi with associate Mukund Thirumalai Srikanth acted for IDG Ventures India I.

Indus declined to comment on its deal team at the time of going to press.

Flipkart founders Sachin Bansal and Binny Bansal, who started their careers as Amazon executive employees and founded Flipkart in 2007, opted for the Rs 1,800 crore ($304m) stock and cash deal to give Amazon a stiff competition, reported the Business Standard.

The merger follows close on the heels of Snapdeal’s $100m second round of funding, on which it was also advised by Indus Law.

Picture by Runa Sankarshan

Update: Story updated with Samvad Partners as advisors for the existing investors.