Khaitan & Co advised Weaver Services Pvt Ltd on completing the acquisition of 75.01% stake in Centrum Housing Finance Limited from Centrum Capital Limited and certain other shareholders; and entering into binding agreements with Morgan Stanley Private Equity Asia for the acquisition of the remaining 24.99% stake.
Khaitan & Co advised HomeRun Retail Pvt Ltd in relation to its series A fundraise by way of a primary issuance round led by Sorin Investment Fund, with participation from Titan Capital Winners Fund I, Sparrow Capital, Consumer Collective by Atrium and Helios Holdings.
Khaitan & Co acted as legal counsel the book running lead managers (Axis Capital Ltd, J.P.
Khaitan & Co advised Service Easy Technology Pvt Ltd (Company) and its promoters and certain selling shareholders in connection with its 100% (one hundred percent) share sale transaction, pursuant to which Valuedrive Technologies Pvt Ltd (Purchaser) acquired full ownership of the Company.
Khaitan & Co acted as joint deal counsel on the joint venture between Dixon Technologies (India) Ltd and Longcheer Intelligence Pte. Ltd into Dixtel Infocom Pvt Ltd. Post-closing, Dixon holds 74% and Longcheer holds 26% of the total paid-up share capital of Dixtel.
Khaitan & Co advised NTPC Ltd (“NTPC”) in relation to the implementation of the resolution plan submitted by the consortium of Maharashtra State Power Generation Company Ltd and NTPC Ltd (“Consortium”) in the corporate insolvency resolution process of Sinnar Thermal Power Ltd (“STPL”) under the provisions of the Insolvency and Bankruptcy Code, 2016 (“Resolution Plan”).
Khaitan & Co advised and has been advising Mr Hitesh Goel, the interim resolution professional (“IRP”) of Supertech Ltd (“Supertech”) during the ongoing corporate insolvency resolution process of the Company (“CIRP”).
Khaitan & Co advised Salesforce on the Indian law aspects of its acquisition of Momentum, a leading conversational insights and revenue orchestration platform. The transaction is expected to close in the first quarter of Salesforce’s fiscal year 2027, subject to customary closing conditions.
Khaitan & Co advised General Catalyst in relation to Investment in series A investment round (lead by General Catalyst) along with other existing investors in Xflow for a total consideration of approximately USD 16.6 million. Xflow is engaged in the business of developing cross-border payments infrastructure.
Khaitan & Co advised General Catalyst in connection with its ~USD 14 million investment as lead investor in a USD 20 million financing round in Constelli Signals Pvt Ltd (“Constelli”).
