Khaitan & Co advised The Abraaj Group on its follow-on investment in BigBasket.com. The Abraaj Group is a private equity, venture capital, and real estate investment firm specialising in early venture, seed, growth capital, emerging growth, mid venture, late venture, expansion capital, industry consolidation, mezzanine, subdebt, PIPES, buyouts, bridge, recapitalisation, infrastructure, and buy and build in mature companies in fintech sector. It seeks to invest in small and medium-sized enterprises in emerging markets. Aakash Choubey (Partner), Kunal Mehta (Principal Associate) and Shreya Dua (Associate) led the transaction and advised on the Corporate aspectswith assistance from Avaantika Kakkar (Partner) and Kirthi Srinivas (Senior Associate) on the Competition law aspects.
Gender pay gap: Irwin Mitchell gives women 20% less in bonuses
Despite having one of the most gender-diverse partnerships of UK law firms, Irwin Mitchell women were given 20 per cent less in bonuses than men last year.