Trilegal Advised Hornbill Tech Investments on CCI Approval for Investment in KreditBee and KrazyBee Services
The leading law firm in India, Trilegal advised Hornbill Tech Investments in obtaining Competition Commission of India (“CCI”) approval for the acquisition of certain shareholding in Finnovation Tech Solutions (KreditBee) and KrazyBee Services through the green channel route.
Upon completion, KreditBee is expected to enter the unicorn club with a valuation of approximately USD 1.5 billion in India’s digital lending space.
The Trilegal Competition Law Practice team was led by Gauri Chhabra (Partner) and supported by Ujwala Adikey (Senior Associate), Eesha Sheth (Senior Associate), Shobhit Shukla (Associate) and Shreya Chaudhary (Associate).
The Trilegal Corporate Law Practice team was led by Abhishek Guha (Partner) and comprised Pavana Padmakumar (Counsel) and Shreya Gokhale (Senior Associate).
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