Six firms have assisted on the INR24.47 billion (USD244 million) sale of shares in Vastu Housing Finance Corporation to a consortium of investors, including TA FDI Investors, Norwest, Creation Investments, 360 ONE entities and Prosus.
IndusLaw acted for the sellers, Plenty Private Equity Fund and Multiples Private Equity Fund, with the support of a multidisciplinary team. Partner Aakash Dasgupta led the transaction team, with the assistance of senior associates Siddharth Malakar and Aditya Kumar, and associate Anshul Bhuwalka. Founding partner Kartik Ganapathy provided strategic insights. The competition team, comprising partner Unnati Agrawal and principal associate Nikita Agarwal, also helped.
AZB & Partners advised TA FDI Investors, Shardul Amarchand Mangaldas & Co counselled Norwest Capital, and JSA acted for Creation Investments.
IndusLaw advised 360 ONE entities, Trilegal assisted Naspers Ventures, and Mandala Law Offices represented Vastu Housing Finance.
