Shardul Amarchand Mangaldas & Co. advises Delhivery in its acquisition of 100% of the share capital of SpotOn Logistics Private Limited

September 6, 2021

Shardul Amarchand Mangaldas & Co. advised Delhivery Private Limited in its acquisition of 100% of the share capital of SpotOn Logistics Private Limited by way of purchase of equity shares from Samara Alternate Investment Fund, Samara Capital Partners Fund II Limited, Xponentia Fund Partners LLP, Xponentia Opportunities Fund I and Virginia Tech Foundation, Inc. The date of closing was 24 August 2021.

The transaction team was led by Nivedita Tiwari, Partner; Akshaya Iyer, Principal Associate; Abhinav Kumar, Senior Associate; Surabhi Gupta, Associate; and Gunjan Garg, Associate. Capital markets was led by Prashant Gupta, Partner, regulatory aspects were led by Nivedita Tiwari, Partner, Devesh Pandey, Partner, Akshaya Iyer, Principal Associate and Abhinav Kumar, Senior Associate and competition aspects were led by Manika Brar, Partner, Harman Singh Sandhu, Partner and Pranav Satyam, Special Advisor.

The due diligence team was led by Nivedita Tiwari, Partner, Devesh Pandey, Partner, Akshaya Iyer, Principal Associate, Abhinav Kumar, Senior Associate, Axay Satagopan, Senior Associate, Ayushi Mishra, Senior Associate, Kriti Tuteja, Senior Associate and Surabhi Gupta, Associate. Employment aspects were led by Pooja Ramchandani, Partner, Suryansh Gupta, Associate and Harshita Arora, Associate. Intellectual Property aspects were led by Abhay J.V., Partner, Leoni Mahanta, Principal Associate.

Stratage Law Partners advised SpotOn Logistics Private Limited, Samara Alternate Investment Fund, Samara Capital Partners Fund II Limited, Xponentia Fund Partners LLP, Xponentia Opportunities Fund I and Virginia Tech Foundation, Inc.