Khaitan & Co advised Kedaara Capital (“Kedaara”) in relation to its investment into Axtria, Inc. and its subsidiaries (“Axtria”), a leading Agentic AI-first data analytics and cloud software company serving the global life sciences industry, across the commercial and clinical spectrum. Structured as a combination of secondary investment and company-sponsored buyback, the transaction delivers total liquidity of USD 240 million.
Khaitan & Co advised Baird Capital on Indian law aspects on its $53 million investment in EvoluteIQ, a native AI platform that can be used to automate end-to-end processes across any industry. The investment positions EvoluteIQ to accelerate its global expansion and cement its leadership in the enterprise-grade, agentic AI-led automation space.
Khaitan & Co advised Shyam SEL & Power Ltd in relation to acquisition of an additional 2.81 acres of land in Jamuria, Paschim Bardhaman, which shall enable it to expand its manufacturing unit.
The Firm role included drafting, negotiating and finalising the transaction document in as well as provided assistance in execution of transaction document.
Khaitan & Co advised Torrent Power on the acquisition of 100% share capital of NewZone Power Projects Pvt Ltd, 49% share capital of NewZone India Pvt Ltd and indirect acquisition of 51% of share capital of NewZone India Pvt Ltd. NewZone India Pvt Ltd is involved in the proposed development of a coal-based thermal power project located at Anuppur, Madhya Pradesh.
Khaitan & Co advised Prime Offices Fund (PRIME), a commercial real estate focused fund managed by Nuvama and Cushman & Wakefield Management Pvt Ltd (NCW), in its acquisition of a marquee 2.4 million sq. ft. office campus located in Porur, Chennai. The asset was acquired through a 100% buyout from Keppel Ltd at transaction value of approximately INR 2,550 crores, marking PRIME’s second acquisition and a significant milestone in its strategy to build a portfolio of future ready, high-quality, ESG-compliant office assets across India’s fastest-growing micro-markets.
Khaitan & Co advised Bessemer Venture Partners as the lead investor in the Series B round of Keyaro Edutech Pvt Ltd (Seekho.in).
By way of a notification published in the Official Gazette on 29 August 2025, the Punjab Government has amended certain provisions of the Punjab Shops and Commercial Establishments Act, 1958 (Punjab S&E Act).
Khaitan & Co acted as legal advisors to Lightspeed Venture Partners (through Lightspeed Venture Partners Select VI L.P.) as lead investor in the Series B1 round, and to Premji Invest (as existing lead investor making a follow-on investment), on their investments in Weaver Services Pvt Ltd, a technology-led housing finance platform focused on the affordable housing segment.
