Khaitan advises Just Buy on funding round

Khaitan & Co advised Just Buy Live Enterprise Private Limited (“JBL”) which has raised $100m as Series B funding from A L I Cloud Investment LLC (United Arab Emirates) (“ACI”). Pursuant to this funding round, ACI will acquire 25% of equity interest in JBL.

The transaction was led by Bhavik Narsana (Partner), Vidur Sinha (Senior Associate) and Niharika Mepani (Senior Associate).

Vinita Krishnan (Associate Director), Raghav Bajaj (Senior Associate) and Sneh Shah (Associate) provided assistance on the taxation aspects.