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

Judges Badminton Championship kicks off in Delhi; CJI Surya Kant says sports essential in judges' "miserable" life

Law against marital cruelty applies to those live-in relationships which have attributes of marriage: Karnataka High Court

Cross-LOC trade with Pak occupied Kashmir is intra-state trade as PoK is part of India: Jammu & Kashmir High Court

Delhi High Court Court quashes defamation case against journo Nilanjana Bhowmick for article on activist Ravi Nair

17th SILF Turf Cricket League: Eliminator concludes, Quarter Finals fixtures revealed

SCROLL FOR NEXT