Mumbai (Maharashtra)/ New Delhi [India], March 13 (ANI/BusinessWire India): Cyril Amarchand Mangaldas advised Deakin University, Australia (Deakin University), in setting up of its International Branch Campus. This would be the first international campus of Deakin University. It is also a major landmark for GIFT City, as it marks the entry of the first International University to enter India. The GIFT City Practice of Cyril Amarchand Mangaldas is advising and providing end-to-end legal assistance to Deakin University for securing approvals and setting up its International Branch Campus under International Branch Campuses and Offshore Education Centres Regulations, 2022 ("IFSCA IBC and OEC Regulations"). The advisory team was led by Ketaki Mehta, Partner, GIFT City; with support from Jinisha Motwani, Associate, and Ishika Jain, Associate. Kunal Savani, Partner, with Bipluv Jhingan, Principal Associate and Lakshya Gupta, Associate advised on the taxation aspects of the matter.
Mumbai (Maharashtra)/ New Delhi [India], April 27 (ANI/BusinessWire India): Cyril Amarchand Mangaldas advised Coca-Cola India Private Limited (Coca-Cola India) on acquisition of a minority stake of 15% in Hashtag Loyalty Private Limited (Thrive). Thrive is a Mumbai-based food-tech company that offers a modern ordering system for restaurants to set up their direct ordering platform. Thrive has also launched beta version of its discovery platform and consumer application that offers customers a unique food discovery and ordering experience. Currently, over 14,000 restaurants across 80 cities in India use Thrive. The General Corporate Practice of Cyril Amarchand Mangaldas advised Coca-Cola India on the transaction. The scope of work included regulatory advisory; conducting due diligence on the business of Hashtag; negotiating and aligning interests of the existing investors and Coca-Cola India; and drafting the transaction documents. The transaction team was led by Akila Agarwal, Partner
Mumbai (Maharashtra)/ New Delhi [India], March 3 (ANI/BusinessWire India): Cyril Amarchand Mangaldas advised Kotak Mahindra Bank Limited (Kotak), in relation to the acquisition of Sonata Finance Private Limited (Sonata), a Non-Banking Finance Company - Micro Finance Institution registered with the Reserve Bank of India for an aggregate amount of Rs 537 crore (approx.). The General Corporate, Finance, and Financial Regulatory Practices of Cyril Amarchand Mangaldas advised Kotak for the transaction. The transaction team was led by L. Viswanathan, Partner (Chair - Finance, Projects & Insolvency); Indranath Bishnu, Partner; Pranjita Barman, Partner; with support from Anirud Sudarsan R, Senior Associate; and Ayushi Agrawal, Associate. The Due Diligence team was led by Pranjita Barman, Partner; with support from Anirud Sudarsan R, Senior Associate; Niyati Dholakia, Senior Associate; Soumyaditya Dasgupta, Associate; Ayushi Agrawal, Associate. The employment team for the Due Diligence was
Mumbai (Maharashtra)/ New Delhi [India], April 5 (ANI/BusinessWire India): Cyril Amarchand Mangaldas advised DMI Finance Private Limited (DMI Finance), a RBI registered Non-banking Financial Company (NBFC), on its USD 400 million equity fundraising led by Mitsubishi UFJ Financial Group, Inc (Mitsubishi UFJ). DMI Finance is a digital lender with products, including consumption, personal and MSME loans. Cyril Amarchand Mangaldas advised the DMI Group on the vendor due diligence exercise in relation to DMI Finance, and its group and associate companies, collectively holding a RBI NBFC, RBI pre-paid payment instrument (PPI) and SEBI Merchant Banking license. The team was led by Anu Tiwari, Partner; Jian Johnson, Partner; with support from Utkarsh Bhatnagar, Principal Associate; Karthik Narayanan, Associate; Himani Doot, Associate; Shubhaankar Ray, Associate; and Riddhi Swami, Associate. The employment team was led by Ankita Ray, Partner; with support from Luv Saggi, Senior Associate; and S
Mumbai (Maharashtra)/New Delhi [India], March 28 (ANI/PRNewswire): Hexaware, a leading global provider of IT services and solutions, is proud to announce that its Chief Financial Officer, Vikash Jain, has won two highly respected awards for his exceptional contributions to the finance sector. Vikash Jain won the Best CFO of the Year in IT & ITes at the ASSOCHAM Vibrant Bharat CFO Summit & Awards. The event was organized by the Associated Chambers of Commerce & Industry of India (ASSOCHAM) in New Delhi. ASSOCHAM is India's oldest Apex chamber that works as a conduit between the industry and the government, aiming to deliver actionable insights to strengthen the Indian ecosystem. The Vibrant Bharat CFO Summit & Awards is a premier annual event recognizing excellence in financial leadership and commemorating the diligence, innovation, and vision of the most extraordinary CFOs spanning various industries. In addition, Vikash Jain was also presented with the CFO100 2023