Cyril Amarchand Mangaldas advised Premji Invest, the private equity and venture capital investment arm of Azim Premji, in its proposed 100% exit from Organic India Private Limited. Organic India is a subsidiary of Fabindia Limited and is engaged in the business of organic foods, health supplements and Ayurvedic products.
The General Corporate team of Cyril Amarchand Mangaldas advised on the transaction. The transaction team was led by Ravindra Bandhakavi, Partner &Head – Private Equity Practice; Anandita Kaushik, Partner; with support from Adhiraj Gupta, Principal Associate; Radhika Shukla, Associate and Nitika More, Associate.
The transaction was signed on 12th January 2024.
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About Cyril Amarchand Mangaldas
Cyril Amarchand Mangaldas (cam) is India’s leading law firm with a global reputation of being trusted advisers to its clients. The Firm advises a large and diverse set of clients, including domestic and foreign commercial enterprises, financial institutions, private equity and venture capital funds, start-ups, government and regulatory bodies. The Firm generalists, specialists and senior ex-regulators expertly guide clients across a spectrum of transactions, sectors and regulations. The Firm is one of the largest full-service law firm in India and offices in key business centers at Mumbai, Delhi-NCR, Bengaluru, Ahmedabad, Hyderabad, Chennai, GIFT City and also in Singapore.
The Firm received “National Law Firm of the Year: India” at the IFLR Asia-Pacific Awards for the second consecutive years in 2023 and 2022 and “Innovation in Advancing Markets” award at the FT Innovative Lawyers Asia Pacific 2022 Awards. The Firm had won “India Deal Firm of the Year” at the ALB India Awards and “Firm of the Year” at the IFLR1000 India Awards in 2022.
