Khaitan & Co Advised Venturi I VCC
Khaitan & Co Advised Venturi I VCC
Khaitan & Co., a prominent commercial law firm, played a vital role as legal advisor to Venturi I VCC in a significant primary investment deal involving the Dali Group. The Dali Group, a key player in the consumer retail sector, operates an extensive chain of over 250 deep discount consumer retail stores across the Philippines.
In this complex transaction, Khaitan & Co. led the way as the lead instructing counsel, orchestrating seamless collaboration across borders. Their scope of work included rigorous global due diligence processes, negotiation of transaction documents, and acting as instructing counsel for local law firms in the Philippines, Singapore, and Switzerland.
The investor strategically negotiated for a rights package, granting governance rights over the Dali Group. This international deal involved relevant participants spread across the Philippines, Singapore, and Switzerland.
The core team at Khaitan & Co., led by Partners Karun Cariappa and Kartikeya Prakash, ensured meticulous attention to all aspects of the deal. Principal Associate Mihir Roy, Senior Associate Sivananda Pingali and Associate Dhruv Gupta provided crucial support throughout the process.
