Amarchand, Indus Law funnel $44m PE cash into handset maker Micromax

Monday, 20 September 2010 By Legally India Private equity / VC

Amarchand Mangaldas Bangalore and Indus Law Advocates advised on private equity funds Sandstone Capital and Sequoia Capital’s Rs 200 crore minority stake investment in India’s largest domestic handset maker Micromax.

Amarchand’s Bangalore office led by Reeba Chacko advised Sequoia Capital, assisted by senior associate Sharad Moudgal.

The Indus Law team for the company Micromax was led by Delhi partner Gaurav Dani, alongside senior associate Divya Varghese and associate Kunal Arora.

Micromax may be looking to hit the capital markets for an initial public offering (IPO) following the investment speculated the Economic Times today.

Indus LawAmarchand MangaldasIndusLaw

Comments

Anonymous guest 21 Sept 2010, 00:43
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I thought it was illegal for lawyers to advertise.
Anonymous guest 21 Sept 2010, 06:04
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Congrats Gaurav Sir and Kunal !
Anonymous guest 21 Sept 2010, 06:40
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This is not advertising, you dumbass.
Anonymous guest 23 Sept 2010, 17:16
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Congratulations Reeba & Bangalore team
Anonymous guest 24 Sept 2010, 19:08
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I think there is a problem with the headline. it will be either Million or Crore not both.

[Apologies, this was supposed to have been fixed earlier this week but the edit didn't seem to go through. -Ed]
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