Shardul Amarchand Mangaldas & Co. advised Groww on its USD 150 million acquisition of Fisdom
The Leading Law firm in India, Shardul Amarchand Mangaldas & Co. (SAM) advised Billionbrains Garage Ventures Limited (“Groww”) on its USD 150 million acquisition of 100% of the issued and paid-up share capital of Finwizard Technology Private Limited (“Fisdom”) from its existing shareholders.
The deal also incorporates a post-closing rights issue to fund ESOP settlements, ensuring a clean exit for legacy shareholders.
The SAM deal team comprised Raghubir Menon (Regional Practice Head – M&A, PE), Ekta Gupta (Partner), Shiladitya Banerjee (Partner), Tarumoy Chaudhari (Principal Associate), Rooha Khurshid (Principal Associate), Devangana Mandal (Senior Associate), Ketayun Mistry (Associate), Rhea Reddy (Associate).
The SAM Due Diligence was undertaken by Shiladitya Banerjee (Partner), Tarumoy Chaudhari (Principal Associate), Ketayun Mistry (Associate), Rhea Reddy (Associate), Rohan Arora (Partner), and Aman Singh Sethi (Partner), advised on competition law related aspects of the deal.
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