SAM acts doubly on blockbuster $300m Byju buy of code academy Whitehat Jr with Nishith Desai

Think and Learn which owns and operates education technology platform Byju’s — The Learning App — has acquired Mumbai-based WhiteHat Jr in a $300 million all-cash transaction… WhiteHat Jr, founded in 2018 by Karan Bajaj, the former CEO of Discovery Networks India, operates in the K-12 segment, teaching students to code and helping them build commercial-ready games, animations and apps, using the fundamentals of coding.

— The Economic Times

Nishith Desai Associates acted as India legal counsel to Nexus Ventures, Omidyar Network and Owl led by a team of lawyersRajesh Simhan, Parag Srivastava, Anusha Reddy, Shipra Padhi and Ipsita Agarwalla.

Cooley LLP lawyerRishab Kumar acted as international counsel to Owl Ventures.

Shardul Amarchand Mangaldas acted for Byju’s led by Bangalore partnersRoshan Thomas and Abhay Sharma and a team comprising of lawyersAlekhya Donepudi, Ankita Misra, Someny Singhal and Priyanka Jain.

Shardul Amarchand Mangaldas also acted for Whitehat Jr and its founder, represented by led by Delhi-based partnerHarsh Kumar and lawyerShambhawi Mishra.

2020-08-07

Deal value: USD 300 million

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