Mahindra Partners, the investment arm of automobiles-to-information technology conglomerate Mahindra Group, has invested Rs 206.5 crore in specialty eye care chain Centre for Sight, with the transaction also giving Matrix Partners a complete exit from its decade-long investment in the company. — The Economic Times

Induslaw advised Mahindra Partners led by partner Suneeth Katarki, Anindya Ghosh, principal associate Mayukh Datta, senior associate Anantha Krishnan Iyer, and associate Anshul Chhirang. On due diligence, the team also included associates Nishihi Shah, Kriti Gangwar, Adarsh Kumar, Prerna Bharti, Neha Balodhi and Suvarna Swain.

Cyril Amarchand Mangaldas advised the company, New Delhi Centre for Sight, with partner Akila Agrawal, partner Mukul Sharma, principal associate Naveen Kumar and principal associate Himanshu Chahar.

Rajaram Legal acted for exiting investor Matrix Partners, led by partner Archana Rajaram and partner Prasad Subramanyan.

2019-05-01

Deal value: INR 226 crores, according to reports

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