Kochhar & Co. Deal Update : SoftBank - Snapdeal Transaction
November, 2014 - New Delhi, India
As exclusive Indian counsel on the transaction, Kochhar & Co. recently assisted SoftBank in closing its historic investment in Snapdeal - one of India's leading and largest e-commerce companies. The transaction involved infusion of US$ 627 million by SoftBank Corporation and is the single largest investment in the Indian e-commerce sector. Kochhar & Co. was involved in conducting the due diligence on the investee company, providing structuring advice with respect to the instrument, preparation and negotiation of the transaction documents, providing advice on regulatory, corporate and other compliances under Indian law including assistance with closing.
