Khaitan & Co advised Investcorp Private Equity Fund II on the sale of their entire holding of approximately 23% stake in Citykart Ventures Pvt Ltd, to A91 Emerging Fund II LLP and NewQuest Asia Fund V (Singapore) Pte. Ltd (a TPG entity), along with other sellers including India SME Investments Fund I and Micro Labs Ltd.
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Core Team
The core team consisted of Tanushree Bhuwalka (Partner), Vedika Agarwal (Principal Associate) and Shreeya Agrawal (Associate), with strategic inputs from Vineet Singhal (Partner).