Khaitan advises Luxoft on Deriv stake

Khaitan & Co advised Luxoft International Company Limited in relation to acquisition of 100% stake in Deriv IT Solutions Private Limited in two tranches.

The core transaction team included Nikhil Narayanan (Partner), Aditya Patni (Principal Associate) and Tanya Uppal (Senior Associate) with inputs from the following:

–      Direct tax aspects: Daksha Baxi (Executive Director), Ritu Shaktawat (Associate Partner), Sneh Shah (Associate) and Ankit Namdeo (Associate)

–      Intellectual property aspects: Shailendra Bhandare (Counsel) and Vidhi Kotak  (Associate)

–      Regulatory aspects: Moin Ladha (Associate Partner)

–      Due diligence: Anish Jaipuriar (Associate)

–      Execution & Closing: Sukhmani Singh (Associate), Jessamine Therese Mathew (Associate), Praneetha Vasan (Associate) , Srikanth Mantravadi (Associate) and Sarayu Satish (Associate)