Investcorp India Asset Managers Private Limited - Sale of stake in Citykart Ventures
Khaitan & Co advised Investcorp Private Equity Fund II on the sale of their entire holding of approximately 23% stake in Citykart Ventures Pvt Ltd, to A91 Emerging Fund II LLP and NewQuest Asia Fund V (Singapore) Pte. Ltd (a TPG entity), along with other sellers including India SME Investments Fund I and Micro Labs Ltd.