Khaitan & Co advised Triton Fund II (Triton) with respect to its minority investment in Gyankaar Technologies Pvt Ltd (Company), in its Series A5 funding round.
PagarBook, an application operated by the Company, is a leading provider of HRMS solutions for SMBs, facilitating efficient management of staff attendance, salary processing, making payments and undertaking labour law compliances.
The deal was assisted by:
Employment, Labour and Benefits: Abhinav Rastogi (Partner), Ransher Singh (Senior Associate)
Intellectual Property: Shailendra Bhandare (Partner), Sourav Dan (Counsel), Vaishali Adhikari (Associate)
Corporate and Commercial: Sumantra Bose (Counsel), Shramana Dwibedi (Senior Associate), Joysurjo Roy (Associate), Unnati Khanna (Associate)
The core team consisted of Shourya Sengupta (Partner), Riya Dutta (Principal Associate) and Supallab Chakraborty (Senior Associate).