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

Vidhigya Associates acts on Shree Ram Twistex ₹110 crore IPO

Who pays when AI fails? Global lawyers debate AI liability and insurance gaps at IPBA

Kunal Vajani appointed as member of Asian International Arbitration Centre Court of Arbitration

Vijeta Ohri joins MR Lexcorp as Associate Partner

Delhi court orders immediate release of JNU students granted bail but kept in jail for address verification

SCROLL FOR NEXT