Khaitan advises Jupiter International on ₹300 crore investment from ValueQuest

Jupiter International Limited has secured an investment of approximately ₹300 Crores from ValueQuest SCALE Fund and certain other investors, by way of primary subscription, for a minority stake in Jupiter.

Khaitan & Co advised Jupiter International and its promoters on this transaction.

The core team consisted of Shourya Sengupta (Lead Partner), Arka Banerjee Chowdhury (Senior Associate), Shramana Dwibedi (Senior Associate), Joysurjo Roy (Associate) and Unnati Khanna (Associate).

Vendors due diligence aspects:

Energy, Infrastructure and Resources: Gahan Singh (Partner), Himanshu Tripathi (Principal Associate), Satwik Bapat (Associate), Jishan Dediwal (Associate), Nazish Prabhakar (Associate), Arnav Mohapatra (Associate), Ekta Tiwari (Associate) and Simran Sabharwal (Associate)

Employment Labour and Benefits: Jeevan Ballav Panda (Partner)

Indirect Tax Aspects: Arvind Baheti (Executive Director) and Rahul Dhanuka (Partner)

Other assistance: Sneh Lata (Principal Associate), Sruti Baid (Principal Associate)

Jupiter International Limited is planned as an integrated, end-to-end solar power solutions company and manufactures photovoltaic solar cells in India.

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