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Cyril Amarchand Mangaldas advises Coca-Cola India on acquisition of minority stake in Thrive

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 ....

News Net , News Release Publishing , Mumbai Maharashtra New Delhi India , Pril 27 Ani Businesswire India Cyril Amarchand Mangaldas Advised Coca Cola Private Limited On Acquisition Ofa Minority Stake Of 15 In Hashtag Loyalty Thrive Isa Mumbai Based Food Tech Company That Offersa Modern Ordering System For Restaurants To Set Up Their Direct Platform Has Also Launched Beta Version Its Discovery And Consumer Application Offers Customersa Unique Experience Currently , Over 14 , 000 Restaurants Across 80 Cities In India Use Thrive The General Corporate Practice Of Cyril Amarchand Mangaldas Advised Coca Cola On Transaction Scope Work Included Regulatory Advisory Conducting Due Diligence Business Hashtag Negotiating And Aligning Interests Existing Investors Drafting Documents Team Was Led By Akila Agarwal , Artner Amp Head Merger Acquisition And Mukul Sharma , Artner With Support From Neham Tayal , Rincipal Associate And Shreya Teewari , Dyan Shrivastava , Aakanksha Bhardwaj , Nd Anushka Sharma , Ssociates Team Led By Partners Arun Prabhu And Anirban Mohanpatra , Ith Support From Mahim Sharma And Soumya Tiwari , Ssociates Assisted On The Ip It Aspects Of Transaction Luv Saggi , Enior Associate Himaa Sudhir , Ssociate Assisted With Employment Law Aspects Of The Transaction Vijay Pratap Singh Chauhan , Artner Advised On The Competition Law Aspects Of Transaction Was Signed And Closed 17th April 2023 This Story Is Provided By Businesswire India Ani Will Not Be Responsible In Any Way For Content Article ,