Khaitan & Co acted as legal advisor to C5i (Course5 Intelligence Limited) in connection with its acquisition of 100% stake in Datavid Ltd (UK) and its subsidiaries in India and Romania.
The target is in the business of provision of data engineering and data science services and solutions; and applied artificial intelligence (AI) professional services and solutions enabling data-led business insights generation and extraction for third-party customers.
The Firm role included advising on transaction structuring, conducting legal due diligence, reviewing and drafting acquisition documents, and providing counsel on applicable regulatory and corporate law matters.
The deal was assisted by:
Intellectual Property: Sourav Dan (Counsel), Vaishali Adhikari (Associate)
The core team consisted of Vineet Shingal (Partner), Saloni Mehta Bhandawat (Principal Associate), Vivek Badkur (Associate), Naina Bora (Associate) and Vishal Gupta (Associate).