IndiaMart logo 
Dealstreet

LKS acts on IndiaMART acquisition of stake in Live Keeping for ₹45.98 crore

The acquisition is in line with Indiamart’s long-term objective of offering various software as a service based solutions for businesses

Bar & Bench

E-commerce company IndiaMART has acquired a majority stake of 51.09% in Live Keeping (Finlite Technologies Private Limited), a mobile application that allows users to access their Tally ERP9 data - for approximately ₹45.98 crore.

Lakshmikumaran and Sridharan (LKS) represented IndiaMART.

The team was led by Kunal Arora (Partner) along with Gunmeher Juneja (Principal Associate) and Pragya Pandey (Associate).

Pooja Vijayvargiya (Joint Partner) led the due diligence team comprising Nayanika Majumdar (Senior Associate), Archit Gupta (Associate) and Pragya Pandey (Associate).

The acquisition is in line with Indiamart’s long-term objective of offering various software as a service based solutions for businesses

If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.

Also Read

Supreme Court scraps CBI probe into custodial torture of RG Kar protestors; orders SIT probe instead

Supreme Court rejects PILs to delete 'secular', 'socialist' from Constitution's Preamble

Right to be forgotten: Delhi High Court calls for masking of couple’s names on search engines

CG-LEARN to be launched as part of HNLU Constitution @75 celebrations

Luthra advises lenders' consortium on financing Adani Hybrid Energy's Gujarat hybrid power project

SCROLL FOR NEXT