KKR has acquired majority stake in Leap India Private Limited ("Leap India") through a combination of primary and secondary investment.1
Our firm advised Mayfield in relation to its 100% exit from Leap India along with other existing investors North Haven Fund, TVS Shriram Growth Fund, Sixth Sense, IndiaNivesh, Schroders and other minority shareholders.
INDUSLAW Team- Minhaz Lokhandwala (Partner), Maitri Parekh (Senior Associate) and Sumedha Kalra (Associate) with inputs from our Founding Partner, Suneeth Katarki.
Other law firms-
- Leap India was represented by Anagram Partners.
- KKR was represented by AZB & Partners and Simpson Thacher & Bartlett.
- Mayfield was jointly represented by IndusLaw and Stratage law.
Footnote
1. https://www.vccircle.com/kkrmakes-fresh-acquisition-to-boost-asia-infra-play