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SAM's Deepto Roy scores Uber mandate opposite AZB for Tata JV

Specially financed cars for Uber drivers with Tata now
Specially financed cars for Uber drivers with Tata now

Taxi aggregator Uber started a joint venture with Tata Motors, which envisages Uber drivers buying Tata cars financed via Tata Capital Financial Services and Tata Motors Finance loans with insurance from Tata AIG, according to reports.

Shardul Amarchand Mangaldas acted for Uber, led by partner Deepto Roy, with partners Ashni Roy, Abhay Sharma, Shweta Shroff Chopra, Manika Brar.

According to a Shardul Amarchand press release their team also included principal associates Anuj Bhasme, Oscar D’sa, principal associate designate Ankit Guha, senior associates Rohan Arora and associate Akshay Kumar Sharma.

AZB & Partners acted for the Tata companies, according to a press release from the firm, with partners Ashwin Ramanathan and Nilang Desai, with consultant Nils Vernooij, senior associate Noshir Vania and associate Tvisha Sharma.

Ernst & Young was tax adviser to Uber.

The deal was signed on 31 March 2016 and closed on 16 June 2016.

Uber's legal director Mohit Abraham has been a long-time colleague of Roy's, including at their start-up PXV Partners and Khaitan & Co where they joined before Abraham moved to Uber and Roy moved to Shardul Amarchand Mangaldas in 2015.

Khaitan & Co has also historically been working with Uber.

Photo by Mark Werner.

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