Private equity investor KKR has invested around Rs. 670 crore ($97.10 million) in coaching firm Resonance Eduventures Ltd..The structured finance deal has provided an exit to existing investors – CLSA Capital Partners, ICICI Ventures and Milestone Private Equity Fund..P&C Legal advised KKR while VERTICES PARTNERS advised Resonance Eduventures and the Promoters..The P&C Legal team was led by Partners Vishnu Jerome and Shameek Ray along with Senior Associate Smriti Biradar, Associates Aaryaman Aashind and Surya Kumar Geda..VERTICES PARTNERS team was led by Partners Vinayak Burman and Archana Khosla along with Associates Nirav Punjani and Hamraj Singh..CLSA Capital Partners, ICICI VENTURES and Milestone Private Equity Fund have divested their minority shareholding in Resonance Eduventures..Trilegal advised CLSACP and the team was led by Partners Sridhar Gorthi, Kunal Chandra along with Counsel Kunal Kumbhat, Senior Associate Meera Sreekumar, and Associate Bhavna Pattanaik..ICICI Ventures in-house team was led by Suresh T.S. while Milestone was advised by its in-house team led by Saurabh Khandelwal.
Private equity investor KKR has invested around Rs. 670 crore ($97.10 million) in coaching firm Resonance Eduventures Ltd..The structured finance deal has provided an exit to existing investors – CLSA Capital Partners, ICICI Ventures and Milestone Private Equity Fund..P&C Legal advised KKR while VERTICES PARTNERS advised Resonance Eduventures and the Promoters..The P&C Legal team was led by Partners Vishnu Jerome and Shameek Ray along with Senior Associate Smriti Biradar, Associates Aaryaman Aashind and Surya Kumar Geda..VERTICES PARTNERS team was led by Partners Vinayak Burman and Archana Khosla along with Associates Nirav Punjani and Hamraj Singh..CLSA Capital Partners, ICICI VENTURES and Milestone Private Equity Fund have divested their minority shareholding in Resonance Eduventures..Trilegal advised CLSACP and the team was led by Partners Sridhar Gorthi, Kunal Chandra along with Counsel Kunal Kumbhat, Senior Associate Meera Sreekumar, and Associate Bhavna Pattanaik..ICICI Ventures in-house team was led by Suresh T.S. while Milestone was advised by its in-house team led by Saurabh Khandelwal.
