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.  

Also Read

India's AI companies have a data privacy problem and most don't know it yet

Child not safe in custody of woman who doesn't care for husband: Pune court

Is criminal contempt case maintainable without Advocate General consent? Karnataka High Court answers

Denied hostel, forced into distance learning: CCPD directs Miranda House to re-admit transgender student in PwBD category

Minor boys also not safe: Karnataka HC says it will scrap Vachanananda Swamiji's anticipatory bail in POCSO case

SCROLL FOR NEXT