Cyril Amarchand Mangaldas acted as the legal counsel to Sheela Foam Limited (Sheela Foam) in relation to its primary investment in House of Kieraya Private Limited (“HOK”), which operates under the brand name Furlenco. HOK is a leading furniture company with a strong presence in the online segment and operations in key cities in India including Bangalore, Mumbai and Delhi NCR.
The General Corporate Practice of Cyril Amarchand Mangaldas advised Sheela Foam Limited on the transaction. The transaction team was led by Nivedita Rao, Partner; Anand Jayachandran, Partner; with support from Supriya Aakulu, Principal Associate; Ayushi Singh, Associate; Kritika Dobhal, Associate;and Abhisht Patibanda, Associate.
The Intellectual Property team was led by Arun Prabhu, Partner (Head – TMT); Anirban Mohapatra, Partner; with support from Arpita Sengupta, Senior Associate and Anoushka Soni, Associate.
The Employment team was led by Abe Abraham, Partner; with support from Anna Thomas, Principal Associate; and Siddhi Kochar, Associate.
The Transaction was signed on 17th July, 2023.
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. With 1000 lawyers and 170 Partners, the Firm is the largest full-service law firm in India and offices in key business centres at Mumbai, Delhi-NCR, Bengaluru, Ahmedabad, Hyderabad, Chennai, GIFT City and also in Singapore.
The Firm recently received “Innovation in Advancing Markets” award at the FT Innovative Lawyers Asia Pacific 2022 Awards and the “National Law Firm of the Year: India” award at the IFLR Asia Pacific 2022 awards ceremony. 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 2021.