Khaitan & Co advised and assisted Vertex Ventures SEA in leading the Series B funding round of Ishanee Villas Tech Pvt Ltd (dba Elivaas).
The Firm assisted in all aspects of the transaction including undertaking due diligence, reviewing documentation, negotiation and closing.
Khaitan & Co advised Edelweiss Financial Services Ltd, Edelweiss Asset Management Ltd, and Edelweiss Trusteeship Company Ltd on WestBridge Capital’s proposed acquisition of a 15% stake in each of Edelweiss Asset Management Ltd (i.e., the asset manager of Edelweiss Mutual Fund) and Edelweiss Trusteeship Company Ltd (i.e., the trustee of Edelweiss Mutual Fund), for a consideration of INR 450 crores (approximately USD 51.4 million).
Khaitan & Co advised Zydus Wellness on the transaction, including the structuring and documentation for the transaction, with assistance from Bird & Bird, United Kingdom.
Khaitan & Co advised Tractors and Farm Equipment Ltd (TAFE) on the composite deal settlement with AGCO Corporation (AGCO) for which the following agreements were executed: (i) Buyback agreement; (ii) IP Agreement; (iii) Arbitrations settlement agreement; (iv) India litigation settlement agreement; and (v) Cooperation Agreement.
By way of a notification dated 7 August 2025, the Lieutenant Governor of the National Capital Territory (NCT) of Delhi has exempted all establishments other than liquor shops from Sections 14, 15 and 16 of the Delhi Shops and Establishments Act, 1954 (Delhi S&E Act), which marks an important shift from a permission-based regime that has existed thus far.
Khaitan & Co advised Axight Capital (an investment vehicle managed by Lunate group and backed by ADQ) on all aspects of its acquisition of ~10% stake in Aadhar Housing Finance Ltd, an independent affordable housing finance company, from Blackstone, one of the world’s largest alternative asset manager for a total consideration of ~USD 225 million.
The Firm role included structuring, diligence and documentation for the transaction.
Khaitan & Co advised Sage in relation to the acquisition of Fyle. Fyle makes expense management effortless and instant for small and medium sized businesses by automating every interaction between employees, finance teams, and accounting systems. Its AI-driven platform embeds receipt capture within everyday apps and surfaces real-time insights to slash month-end close times. Sage is a global leader in accounting, financial, HR and payroll technology for small and mid-sized businesses.
Khaitan & Co advised Hexaware Technologies Ltd, a listed Indian entity, and its affiliate, in their acquisition of Target Entities (SMC Squared, LLC, Tech SMC Square India Pvt Ltd and Tech SMC Squared (GCC) India Pvt Ltd).
