Luthra, Khaitan, Rajaram Legal & IC Legal on $74 million funding for Head InfoTech

Bar & Bench May 8 2017

Head InfoTech India Pvt Ltd, an online skill-based gaming platform which operates Ace2Three, has secured approximately $74 million in funding by sale of 87% shareholding to Clairvest Group Inc and a consortium of certain other domestic and foreign investors.

Deal
Head InfoTech sells 87% shareholding to a group of investors

Value
$75 million/ ₹500 crore approx

Sector
Gaming

Deal type
PE

Law Firms
Head InfoTech- Luthra & Luthra; Clairvest- Khaitan & Co.; Matrix Partners - Rajaram Legal . . .

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