Corporate & Commercial

Khaitan & Co advised funds managed by American Industrial Partners in connection with their entry into definitive documents for the sale of MolyCop Group to Tega Industries in partnership with funds managed by Apollo Global Management and assisted with Closing of the India leg of the transaction i.e., sale of MolyCop India Pvt Ltd to Tega MC JV Holdings Pte. Ltd. MolyCop is a leading global supplier of grinding mediums for the mining industry.

Khaitan & Co advised B8 Fund I, the Info Edge Growth Fund, in respect of its investment in Yes Madam.

Khaitan & Co advised Embio Ltd (“Embio”) in relation investment by True North, a leading private equity fund, in Embio.

The firm advised Embio Limited on all legal aspects of the transaction.

Khaitan & Co advised Capri Global Capital Ltd ("Company") on its debut USD 1 billion Global Medium Term Note Programme ("GMTN Programme") for the issuance of bonds under Rule 144A and Regulation S of the U.S. Securities Act, 1933 thereunder ("Notes"). The Notes will be listed on the stock exchanges in IFSC GIFT City.

Khaitan & Co advised General Catalyst in relation to its investment in the series C round of Scapia Technology Pvt Ltd (“Scapia”) (lead by General Catalyst) for a total consideration of ~USD 63 million.

Khaitan & Co advised and assisted Vama Sundari Investments (Delhi) Pvt Ltd (an investment company of the HCL Group) on its joint venture with Foxconn Hon Hai Technology India Mega Development Pvt Ltd for establishment and operation of an outsourced semiconductor assembly and test factory in India.

Khaitan & Co advised Bain Capital in relation to the formation of a 50:50 joint venture between GSS India Opportunities AIF Scheme I (represented by its fund manager, Bain Capital Advisors (India) Pvt Ltd) and Brigade Enterprises Ltd, to develop and manage a 2 million square feet mixed-use project, comprising of a Grade A office space and a 5-star hotel in Bengaluru.

Khaitan & Co advised Westbridge Capital on the Series F fundraise by Roppen Transportation Services Pvt Ltd (Rapido), which saw participation from Prosus, WestBridge, Think Investments, Invus and Accel. 

Khaitan & Co advised Milky Mist Dairy Food Ltd and its promoters in relation to a pre-IPO primary investment of INR 482 crores by Jongsong Investments Pte. Ltd., an indirect wholly owned subsidiary of Temasek Holdings.