Khaitan & Co advised Hexaware Technologies Ltd, a listed Indian entity, and its affiliate, in relation to 100% acquisition of Target Entities (i.e., Cybersolve (I) India Pvt Ltd, Identity and Access Solutions LLC, IT Gliterz LLC, Identity and Access Solutions Canada, Inc.) from IAAS Holdings LLC, IT Gliterz Holdings LLC, Anushree Agarwal and Neha Agarwal for a total consideration of USD 66 million.
The deal was assisted by
Direct Tax: Rahul Jain (Partner) and Jinisha Jain (Senior Associate)
Intellectual Property: Sourav Dan (Counsel) and Vaishali Adhikari (Associate)
Employment, Labour & Benefits: Deepak Kumar (Partner), Deeksha Malik (Principal Associate) and Akshita Sharma (Associate)
Privacy and Data Protection: Supratim Chakraborty (Partner) and Shramana Dwibedi (Senior Associate)
Corporate & Commercial: Anvita Mishra (Counsel), Krithika Kataria (Associate), Ankur Jhunjhunwala (Associate), and Radhika Goenka (Associate)
The core team consisted of Kartick Maheshwari (Partner), Ashutosh Sharma (Partner), Purva Phadke (Principal Associate), Madhav Chandan (Senior Associate) and Vaibhav Laddha (Associate).