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Kochhar & Co. advised UK-based integrated manufacturing-services and power products company, Volex plc on its acquisition of majority stake in inYantra Technologies Pvt Ltd, an electronics design and manufacturing services company for USD 13 million (approx. INR 100 crore).

The transaction entailed subscription to fresh equity issued by inYantra Technologies as also purchase of equity from the existing shareholders, by Volex plc through its Indian subsidiary.

 The Kochhar team comprising its Mumbai Resident Head & Senior Partner Rajarshi Chakrabarti, Partner Sameena Jahangir, Principal Associate Suresh Palav, Senior Associate Anushree Aditi, Associates Mehnaz Hussain Gaind and Sneha Bhagwat advised Volex plc in the acquisition transaction. Our role included conducting comprehensive due diligence, drafting, negotiating, and finalizing transaction documents and all other legal formalities in relation to the transaction. The Kochhar team also assisted the client in structuring the deal and funding the Indian subsidiary.

https://www.business-standard.com/article/companies/volex-acquires-majority-stake-in-inyantra-tech-in-13-mn-transaction-122030700869_1.html

https://www.livemint.com/companies/news/ukbased-volex-acquires-majority-stake-in-inyantra-tech-in-13-mn-transaction-11646651440259.html

https://www.businesstoday.in/latest/corporate/story/uk-based-volex-acquires-majority-stake-in-inyantra-tech-for-13-mn-325049-2022-03-07

https://www.morningstar.co.uk/uk/news/AN_1646684731212353500/in-brief-volex-acquires-51-majority-stake-in-inyantra-technologies.aspx

Kochhar & Co. advises Eximius Ventures on seed investment round in Finarkein Analytics

Kochhar & Co. advised Eximius Ventures on its participation in a seed investment round of an undisclosed amount in Finarkein Analytics. The round also saw participation from IIFL's Fintech Fund and Redstart Labs, an Info Edge company.

Finarkein Analytics is building a low/no code workflow orchestration and data analytics platform for India’s current and upcoming Open Digital Ecosystems (ODEs) like the Account Aggregator, ABDM/UHI, ONDC etc.

The transaction was led by Partner Sarika Raichur and supported by Senior Associate Sidhartha Jatar.

Our role involved conducting legal due diligence, advising on the transaction structure, drafting, negotiating, and settling of all transaction documents such as the Share Subscription and Shareholders’ and other agreements providing all related legal advice and support until the closing of the transaction.

https://economictimes.indiatimes.com/small-biz/sme-sector/finarkein-analytics-raises-seed-round-funding-led-by-iifl-info-edge-others/articleshow/89766758.cms?from=mdr

https://legiteye.com/kochhar-co-advises-eximius-ventures-on-seed-investment-round-in-finarkein-analytics/

 https://yourstory.com/2022/02/funding-roundup-feb-23-finarkein-analytics-stockdaddy-presolv360/amp

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