IndusLaw advised long-standing client Snapdeal again on its largest round of investment to date, by Japanese telecom and Internet firm SoftBank Corp for $627m. Softbank was advised by Kochhar & Co and Morrison & Foerster.
Indus partner Srinivas Katta, senior associate Winnie Shekhar and associates Piyush Bhawalpuria and Priyanka Chandrasekhar acted for Snapdeal.
Kochhar partners Anjuli Sivaramakrishnan and Chandrasekhar Tampi with senior associate Priti Bansal led from India for SoftBank, with Morrison & Foerster Tokyo managing partner Ken Siegel, with global corporate co-chair Brandon Parris, Tokyo partner Ivan Smallwood, Denver of counsel Erik Knudsen, Denver associate Tyler Sewell and Hong Kong associate Noah Carr.
Tokyo partners Noah Carr and Matthew O'Donnell. SoftBank became the largest investor in Snapdeal with this deal, according to Mint.
Indus had also advised Snapdeal on its $100m fundraising Myriad, Blackrock, Premji and a number of other investors.
DSK Legal previously advised Softbank on its $200m investment in InMobi.
Update: Other advisers
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AZB & Partners, Bengaluru – Srinath Dasari (Partner) & Nanditha Gopal (Senior Associate)– Nexus and Kalaari Group of Funds.
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Khaitan & Co, Mumbai – Haigreve Khaitan (Partner), Iqbal Khan (Principal Associate) and Nidhi Killawala (Associate) for Bessemer Venture Partners Trust
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Goodwin Proctor – Yash Rana (Partner) & Sharad Moudgal for Bessemer Venture Partners Trust
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AZB & Partners, Mumbai - Essaji Vahanvati (Partner), Tushar Raut (Senior Associate) & Arvind Ramesh (Senior Associate) for Dunearn Investments (Mauritius) Pte. Ltd (Temasek).
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Amarchand & Mangaldas & Suresh A Shroff & Co, Bengaluru – Rashmi Pradeep (Partner), Bharath Reddy (Senior Associate) & Arjun Lall (Partner) for PI Opportunities Fund – I (an Azim Premji venture).
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Trilegal Mumbai – Sridhar Gorthi (Partner), Kunal Chandra (Counsel), Kabir Mathur (Associate) for Myriad Opportunities Master Fund Limited.
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Trilegal Mumbai – Nishant Parikh (Partner), Gautam Singh (Counsel), Sanchit Agarwal (Associate) & Gaurav Dugar (Associate) for BlackRock Group of Funds.
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Bingham McCutchen LLP – William Perkins (Partner) & Luke V. Rachlin (Associate) for Ebay Singapore Services Private Limited.
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J. Sagar Associates – Vivek K. Chandy (Partner) & Archana Tewary (Senior Associate) for Ebay Singapore Services Private Limited.
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Uma Bhugtiar – Company counsel at Tybourne Equity Master Fund
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