DSK Legal completes 21 Years

DSK Legal completes 21 years today. We are grateful for the trust our clients repose in us and for all their support throughout our journey.

Transaction Summary – Appnit Technologies Private Limited

DSK Legal advised Appnit Technologies Private Limited (“Company”), its Promoters and existing investors in relation to an acquisition of a controlling stake by way of primary and secondary investment in the Company, by DMI Finance Private Limited (“Investor”). The Company holds a semi-closed wallet license from RBI by the name of Oxymoney and is engaged in the business …

TRANSACTION SUMMARY: Siana Capital, Eight Roads Ventures India, VE Proactive Fund II and Endiya Partners

DSK Legal advised Siana Capital, Eight Roads Ventures India, VE Proactive Fund II and Endiya Partners (collectively the “Existing Institutional Investors”), the existing institutional investors of Aayuv Technologies Private Limited (“Company”), in relation to their investment in the Series B Round of the Company, alongside Healthquad Fund II and Sabre Partners AIF Trust (collectively the “Incoming Investors”).

TRANSACTION SUMMARY: F. S. Fehrer Automotive GmbH, Germany

DSK Legal advised F. S. Fehrer Automotive GmbH, Germany (the “Seller”) in relation to its exit from Harita Fehrer Limited (“Company”) by way of sale of 49% (forty nine percent) shareholding to Minda Industries Limited (“Minda”). (“Transaction”). The Company was a joint venture between Harita Seating Systems Limited (“HSSL”) (amalgamated with Minda Industries Limited) and the …

TRANSACTION SUMMARY: Corrtech International Limited

DSK Legal acted as a sole counsel to Corrtech International Limited (“Company”) and Equirus Capital Private Limited, Book Running Lead Manager (“BRLM”) with respect to the initial public offering comprising of a fresh issue of equity shares aggregating up to ₹3,500 million and an offer for sale of 4,000,000 equity shares of the Company held …

Transaction Summary: HDFC Capital Advisors Limited

DSK Legal advised HDFC Capital Advisors Limited (“HDFC Capital”) on their investment in Loyalie IT Solutions Private Limited (“Company”) (operating under the brand name ‘Reloy’). 

Transaction Summary: Infifresh Foods Private Limited

DSK Legal advised Infifresh Foods Private Limited (“Infifresh”) and its Founder, Mr. Utham Swamygowda (“Founder”) in relation to their Series C Round from the Existing Investors of Infifresh, i.e.: (i) Tiger Global; (ii) Prosus Ventures (Naspers); (iii) Accel Partners; (iv) Matrix Partners; (v) Ankur Capital Fund; and (vi) Incubate Japan (“Series C Investors”). 

DSK Legal shifts to a new office in New Delhi

To accommodate its continuing growth, DSK Legal has shifted to a larger office in New Delhi, being the entire 5th floor at Max House, Okhla, with state-of-the-art facilities, 6 meeting rooms; library; cafeteria and a lounge area.

Transaction Summary: NOW (TapTap Meals Private Limited)

DSK Legal advised NOW (TapTap Meals Private Limited), a B2B commerce platform and its promoters Vivek Pandey and Bharat Khandelwal and all the existing investors and shareholders including CK Jaipuria Group in selling their entire stake in NOW to Borzo (previously known as WeFast).

Transaction Summary: CK Jaipuria Group

DSK Legal advised CK Jaipuria Group in its investment in Home-grown gamified social media app “Explurger”. Explurger is a new-age social media platform built on Artificial Intelligence (AI), which was launched on August 15, 2020. Apart from India, the app debuted in the US, Britain, Germany, South Africa, etc. and already has users from more than 40 …