CAM, JSA lead on Axis Bank acquisition of Freecharge for 400 crore

Axis Bank

Jasper Infotech is selling its subsidiary Freecharge to public lender Axis Bank in an all cash deal, which can range between Rs. 380-400 crore.

J. Sagar Associates is advising Jasper Infotech with a team led by Partner Sidharrth Shankar.

Cyril Amarchand Mangaldas is representing Axis Bank with a team led by Partner Indranath Bishnu.

The deal will provide some cash flow for Snapdeal, which is still . . .

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