Dealstreet

AZB, Rajaram, Khaitan, Allen & Overy act on Abu Dhabi Investment Authority investment in Lenskart

The investment amount was $500 million

Bar & Bench

A wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA) has entered into definitive agreements to invest $500 million in India's leading e-commerce portal for eyewear Lenskart.

AZB & Partners and Allen & Overy acted as legal advisors to ADIA on the deal.

Rajaram Legal and Khaitan & Co acted as legal advisors to Lenskart and its shareholders.

The investment will be made through a purchase of both primary and secondary shares and will result in ADIA becoming one of the largest shareholders in Lenskart.  

Follow Bar and Bench channel on WhatsApp

Download the Bar and Bench Mobile app for instant access to the latest legal news.

Also Read

Keystone Partners' Anupama Hebbar and Vikas Mahendra leave firm to champion animal rights and AI in law

Clear disobedience: High Court slams Punjab and Haryana for 'paralysing' SARFAESI Act

Supreme Court pulls up Gurugram police in child rape case; transfers probe to all-women SIT

Parliament passes Transgender Amendment Bill redefining "transgender person"

Over 80% women lawyers say their careers are harder than those of male lawyers: SCBA survey

SCROLL FOR NEXT