Khaitan & Co advised TCC Concept Ltd in its acquisition of 95.18% stake in Pepperfry Ltd (“Pepperfry”), India's largest omnichannel furniture and home goods marketplace, from its existing shareholders. Pepperfry is engaged in running a well-known Indian online marketplace for furniture and house décor.
This acquisition has significantly strengthened TCC Concept’s presence in the e-commerce sector and digital marketplace place. It aligns with TCC’s strategy of building technology-enabled consumer platforms.
The deal was assisted by:
Corporate and Commercial: Abhishek Dadoo (Partner), Anvita Mishra (Counsel) and Diya Dave (Associate), Ashutosh Sharma (Partner), Akshay Madan (Senior Associate),Devyani Modi (Associate), Ankur Jhunjhunwala (Associate), Ishaan Nagarkatti (Associate).
Employment, Labour & Benefits: Deepak Kumar (Partner), Ananya Gandhi (Associate), Devyani Modi (Associate), Varsha Sankara Raman (Associate).
Competition / Antitrust: Anshuman Sakle (Partner), Soham Banerjee (Counsel) and Vrinda Bhardwaj, (Associate).
The deal team was led by Gautam Suseel (Partner), Neekesh Shetty (Principal Associate), Aanchal Khandelwal (Associate) and Pooja P N (Associate).