Lakshikumaran & Sridharan advise IndiaMart on a stake in Live Keeping
Lakshikumaran & Sridharan advise IndiaMart on a stake in Live Keeping
The transaction was worth approximately Rs.45.98 crores
One of the top Indian law firms Lakshikumaran & Sridharan has represented IndiaMart Intermesh Limited in acquiring a 51.09 percent stake in Finlite Technologies Private Limited. The latter operates 'Live Keeping', a mobile application that allows users to access their Tally ERP9 data.
The law firm assisted IndiaMart with end-to-end transaction advisory for the investment process, along with conducting legal due diligence, negotiations and finalization of transaction documentation.
The Lakshikumaran & Sridharan team was led by Kunal Arora (partner) along with Gunmeher Juneja (principal associate) and Pragya Pandey (associate). Pooja Vijayvargiya (joint partner) led the due diligence team comprising Nayanika Majumdar (senior associate), Archit Gupta (associate), and Pragya Pandey, (associate).
