PRESS RELEASE
30 October 2024

IndusLaw Deal Report | Vastu - Plenty And Multiples

I
CMS INDUSLAW

Contributor

CMS INDUSLAW is a top-tier full-service law firm and the 7th largest in India* with offices in Bengaluru, Chennai, Delhi, Gurugram, Hyderabad and Mumbai, which give it a pan-India presence. With more than 400 lawyers committed to client service, CMS INDUSLAW advises clients globally on Indian law. CMS INDUSLAW supports its clients’ transactional goals, business strategies and regulatory and dispute resolution needs. The CMS INDUSLAW team collaborates across practice areas, sectors and locations, navigating legal complexities and resolving legal issues efficiently for its clients.
Our firm advised Plenty Private Equity Fund and Multiples Private Equity Fund with the sale of shares in Vastu Housing Finance Corporation Limited to Norwest, Creation Investments, 360 ONE and Prosus.
India

Our firm advised Plenty Private Equity Fund and Multiples Private Equity Fund with the sale of shares in Vastu Housing Finance Corporation Limited to Norwest, Creation Investments, 360 ONE and Prosus.1

Deal amount: INR 2047 crores/ USD 244 million (approx.)

INDUSLAW Team:

Aakash Dasgupta (Partner), Siddharth Malakar (Senior Associate), Aditya Kumar (Senior Associate) and Anshul Bhuwalka (Associate).

Kartik Ganapathy (Founding and Senior Partner) provided strategic inputs on certain aspects of this transaction.

Other law firms advised:

  • AZB & Partners, Mumbai - TA FDI Investors Limited;
  • Shardul Amarchand Mangaldas - Norwest Capital LLC;
  • JSA - Creation Investments India V, LLC;
  • IndusLaw acting for 360 ONE entities;
  • Trilegal - Naspers Ventures B.V.; and
  • Mandala Law Offices, New Delhi – Vastu Housing Finance Corporation Limited

Footnotes

1 https://www.vccircle.com/taassociates-bets-on-lender-vastu-finance-in-secondary-deal

2 https://www.ta.com/news/ta-announces-strategic-growth-investment-in-vastu-housing-finance/

3 https://secondarylink.com/news/66f2f90896e4a93f63b11270/prosus-invests-100-million-in-vastu-housing-finance-via-secondary-deal-at-1-4-billion-valuation

Contributor

CMS INDUSLAW is a top-tier full-service law firm and the 7th largest in India* with offices in Bengaluru, Chennai, Delhi, Gurugram, Hyderabad and Mumbai, which give it a pan-India presence. With more than 400 lawyers committed to client service, CMS INDUSLAW advises clients globally on Indian law. CMS INDUSLAW supports its clients’ transactional goals, business strategies and regulatory and dispute resolution needs. The CMS INDUSLAW team collaborates across practice areas, sectors and locations, navigating legal complexities and resolving legal issues efficiently for its clients.

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