July 10, 2020
Shardul Amarchand Mangaldas & Co. advised QORQL Private Limited, a technology company with majority shareholding of Vijay Shekhar Sharma and remaining held by Paytm, on the acquisition of 100% share capital of Raheja QBE General Insurance Company Limited. The transaction was signed on July 6, 2020.
The M & A team was led by Iqbal Khan, Partner; Ambarish, Partner; Faraz Khan, Principal Associate; Tanvee Vasudevan, Senior Associate; Amrita Rana, Associate.
The insurance team was led by Shailaja Lall, Partner; Anu Susan Abraham, Partner; Shivangi Talwar, Principal Associate; Arush Upmanyu, Senior Associate; Christina Shaju, Associate; Rachel Noronha, Associate.
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The competition team was led by Shweta Shroff Chopra, Partner; Manika Brar, Partner; Supritha Prodaturi, Senior Associate.
The tax team was led by Abhay Sharma, Partner; Amit Singhania, Partner; Rajat Bose, Partner; Ankita Bhasin, Principal Associate; Priyanka Jain, Senior Associate.
The employment team was led by Pooja Ramchandani, Partner; Suryansh Gupta, Associate; and the intellectual property team was led by Mukul Baveja, Partner.
Paytm was advised by its in-house legal team, which included Ms. Aayushi Sehgal, Deputy General Manager, and Mr. Ankit Jaiswal, Senior Manager, M&A, and Investments.
Raheja QBE General Insurance Company Limited and Prism Johnson Limited were advised by Trilegal
QBE Holdings (AAP) Pty. Limited and QBE Asia Pacific Holdings Limited were advised by Cyril Amarchand Mangaldas.
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