Tatva Legal advised Hyderabad-based IT company Cyient in buying a 51 per cent stake in data analytics start-up Invati Insights, which was advised by Tempus Law Associates in Hyderabad.
Tatva Legal partner Rajeev Reddy and associate Shivacharan Reddy acted for Cyient.
Tempus partner P Raviprasad and associates Ashwin Krishnan and Puja Nair acted for Invati.
The acquisition was reportedly worth $5m, according to VC Circle which said that post the acquisition Cyient will be renamed Cyient Insights.
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Good for the fee earners I gather. Good job, boys and girls.
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