Khaitan advises Itelligence India on Vcentric stake

Khaitan & Co advised Itelligence India Software Solutions Private Limited in relation to acquisition of 100% stake in Vcentric Technologies Private Limited. Itelligence India is a full-service SAP software solutions provider of midmarket-focused SAP solutions and is an NTT group company. This transaction is part of the Itelligence’s overall strategy to expand its business in the SAP implementation space.

The core transaction team was led by Zakir Merchant (Partner), Aravind Venugopal (Principal Associate), Vidur Sinha (Senior Associate) and Nupur Pandit (Associate) with assistance from the following:
– Corporate aspects: Niharika Mepani (Senior Associate), Nupur Pandit (Associate) and Juhi Bhat (Associate)
– Tax aspects: Vinita Krishnan (Associate Director) and Sneh Shah (Associate) advised on the certain taxation aspects