Shardul Amarchand Mangaldas advises American Express Travel Related Services Co Inc. in the sale of its stake in ODCEM Technologies Private Limited to The GupShup Inc.

June 9, 2022

Shardul Amarchand Mangaldas & Co. advised American Express Travel Related Services Co Inc. in the sale of its 100% stake in ODCEM Technologies Private Limited to The GupShup Inc. The terms of the acquisition are not publicly disclosed. The date of signing the deal was 26 May, 2022.

American Express Travel Related Services Co Inc., with its proven leadership in helping leading brands transform customer service is a valuable acquisition made by The GupShup Inc.

The transaction team was led by Shilpa Mankar Ahluwalia, Partner; Divi Dutta, Partner and Neeati Narayan, Senior Associate. The taxation team was led by Amit Singhania, Partner; Gouri Puri, Partner and Nimish Malpani, Senior Associate.

L&L Partners advised Sequoia Capital India Investments. JSA advised ODCEM Technologies Private Limited, and Anagram Partners advised the The GupShup Inc.