Amazon is investing Rs 51 crore in Quess Corp, a provider of logistical, staffing and infrastructural solutions to businesses, for a 0.51% stake, the company disclosed in a regulatory filing. The investment will be going into the company’s subsidiary Qdigi Services, which provides after sales services for smartphones and other consumer electronics and durables.

— The Economic Times

AZB & Partners advised Amazon Inc led by a team of partners Hardeep Sachdeva and Ravi Bhasin, and counsel Abhyudai Singh.

Update 4 December 2019: Khaitan & Co acted for Quess Corp with partners Thomas George and Arun Scaria, along with senior associate Nagashayana Srinivasaiah and associate Sukhmani Singh.

2019-07-12

Deal value: INR 510 Million / USD 7.4 Million

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