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

Day 3 of Sabarimala reference hearing: Live updates from Supreme Court

An open legal services sector can enhance India’s ease of doing business: Law Society of England and Wales President Mark Evans

Appeal in Kerala High Court challenges refusal to include transgender candidates in National Cadet Corps

Trilegal advises Continuum Green Energy on securing $67.5 million from Just Climate

Karnataka High Court dismisses PIL against Centre's advisory urging schools to sing all 6 stanzas of Vande Mataram

SCROLL FOR NEXT