Khaitan & Co successfully represented Bling Brands Private Limited, proprietor of the well-known fitness and wellness brand "BOLDFIT", in a trademark infringement and passing off action before the High Court of Delhi. The suit was instituted against a partnership concern, Bold Fitness, using the deceptively similar marks “BOLD FITNESS” / “BOLDFITNESS” in relation to identical goods, namely gym and athleisure wear.
Khaitan & Co advised Cornerstone Ventures Partners as lead investor, and Ashra Private Equity Fund (Shepherds Hill Private Equity Trust) as co-investor, in the Series A funding round of Credilio Financial Technologies Pvt Ltd — a UPI-first fintech platform enabling digital distribution of credit products (loans, credit cards) to Tier II and Tier III markets via financial advisors.
Khaitan & Co advised Pi Labs, an early-stage VC fund based in the UK, on the India law aspects of its investment in VerbaFlo Ltd. Pi Labs led funding round of VerbaFlo Ltd, which also included Haatch, Navigate Ventures, Old College Capital (University of Edinburgh’s in-house venture investment fund), global family offices and existing investors.
Khaitan & Co acted as legal advisor to the sellers (Vivek Chawla and Arati Chawla) in relation to acquisition of 100% of the partnership interest of M/s Hobel Bellows Co and acquisition of 100% of the share capital of Hobel Bellows Pvt Ltd by Unimech Aerospace and Manufacturing Ltd for a total consideration of INR 450 crores (USD 48 million).
Khaitan & Co acted as a legal counsel for Jayaswal Neco Industries Ltd on the preferential issue of warrants to M/s Vibrant Enterprises, a member of the promoter group, for an aggregate amount of INR 200 crores, which is subject to requisite statutory and other approvals, as applicable.
Khaitan & Co advised Trimex Foods Pvt Ltd (“Trimex”) and its promoters and existing shareholders, in relation to primary issuance of securities by Trimex to the SG India Delta Holdings, LLC ("Investor"), and secondary purchase of securities by the Investor from the promoters and existing shareholders of Trimex.
Khaitan & Co acted as Indian counsels for Xeinadin Group Ltd in their acquisition of The Accountancy Cloud Ltd, a London based practice known for helping high growth startups manage their finances and scale with confidence.
Khaitan & Co advised Forever Global Enterprises Ltd on its proposed acquisition of the Meerganj Unit of Dhampur Bio Organics Ltd by way of a slump sale as a going concern for a total consideration of INR 305 crores.
The firm advised on the structuring and documentation of the BTA and ancillary documents.
Khaitan & Co is representing Amneal Pharmaceuticals, LLC (Amneal) as India counsels, alongside Simpson Thacher & Bartlett LLP in relation to its announced agreement to acquire 100% of Kashiv Biosciences LLC ("Kashiv"), a vertically integrated biopharmaceutical company incorporated in the United States of America, with 2 (two) subsidiaries in India (namely, Kashiv Biosciences Pvt Ltd and Kashiv Research Pvt Ltd), in a transaction with consideration that includes USD 375 million of cash and USD 375 mill
Khaitan & Co advised Bajaj Electricals Ltd in relation to acquisition of the Morphy Richards Brand and other associated intellectual property rights from Glen Electric Ltd, in India, Bhutan, Bangladesh, Nepal, Sri Lanka and the Maldives.
