Kochhar & Co. Advised Softbank and Alibaba in Respect of Their US $ 500 Million Investment in Series I Shares of Jasper Infotech Which Owns and Controls Snapdeal.

Deals & Matters
10 August 2015

Kochhar & Co. advised Softbank and Alibaba – the world’s largest e-commerce group, in respect of their US $ 500 million investment in Series I shares of Jasper Infotech which owns and controls Snapdeal.

The transaction involved conducting due diligence on the investee company, advising on the applicability of the Competition Act and competition law issues, the investment agreements, necessary filings and other related issues. This was a cross border transaction involving India, Japan and various other jurisdictions where the global investors are based.

The said transaction was the Winner of the Deal of the Year 2015-16 Award by Indian Law Business Journal (IBLJ).