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

Supreme Court directs Allahabad HC to take immediate action on repeated strikes by Noida lawyers

Supreme Court reserves verdict in Pawan Khera's anticipatory bail plea

Remove time limits on abortions for pregnant rape survivors: Supreme Court urges Centre

Delhi High Court closes plea over NCLT acting President appointment

IP in orbit: What Iran's reported use of a Chinese satellite tells us about the limits of intellectual property law

SCROLL FOR NEXT