DEAL DETAILS
Lightspeed Venture Partners | Co-investment with new investors in Kiranakart Pte. Ltd. |
Khaitan & Co advised Lightspeed Venture Partners on India law aspects in relation to co-investment by Lightspeed with new investors, Avra fund and Avenir and certain existing investors in Kiranakart Pte. Ltd., which runs Zepto, for approximately USD 665 million.
The core transaction team consisted of Nidhi Killawala (Partner), Srikant C.V. (Partner), Ayushi Mishra (Principal Associate), and Ishaan Chopra (Associate) with assistance from Aiyushi Sahani (Associate) on diligence related aspects and Pranjal Prateek (Partner) and Nilav Banerjee (Senior Associate) on competition law aspects.