Shardul Amarchand Mangaldas Co acted as the legal counsel for One97 Communications Limited (Company) and the Company existing investors, in the Company signature brand, Paytm. Following the deal, Alibaba and Ant Financial will be making a multi-staged investment in the Company vide Alibaba and Alipay Singapore E-Commerce Private Limited (Investors).
The SAM Co. team was led by Mr. Raghubir Menon, Partner. The supporting team included Ms. Ekta Gupta, Principal Associate, Mr. Taranjeet Singh, Associate and Mr. Aritra Roy, Associate.
The transaction parties involved were One97 Communications Limited (Company), SAIF III Mauritius Company Limited (Existing Investor), SAIF Partners India IV Limited (Existing Investor), SAIF Partners India V Limited (Existing Investor), SVB India Capital Partners I, L.P. (Existing Investor), SAPV (Mauritius) (Existing Investor) and Alipay Singapore E-Commerce Private Limited (Investor).
Other advisors involved in the transaction were Katie Sudol (Partner), Ian Ho from Simpson Thatcher Bartlett LLP, who acted as the Investor international legal counsel; and Rohan Ghosh Roy, Harsh Jain from Trilegal, the Investor Indian legal counsel.
About Shardul Amarchand Mangaldas Co. (SAM Co.)
Shardul Amarchand Mangaldas Co. (SAM Co) is one of India leading full service law firms. Founded on almost a century of legal achievement, SAM Co reconstituted in May 2015 and has started anew. The Firm is known for its exceptional Mergers Acquisition, Competition Law, Dispute Resolution Arbitration, Regulatory Litigation, Capital Markets and Private Equity practices globally.
The Firm mission is enabling business by providing solutions as trusted advisors through excellence, responsiveness, innovation and collaboration. SAM Co has been at the helm of major headline transactions and litigations across business segments and industries. The Firm is regularly engaged by major trans-national corporates to advise them on their India entry and business strategy.
Headed by eminent practitioners Shardul Shroff and Pallavi Shroff, the Firm has more than 370 lawyers, including 70 partners across its six offices in India, which include ndash; New Delhi, Mumbai, Gurgaon, Ahmedabad, Bengaluru and Kolkata.