Skip to main content

AZB Partners has advised Wipro Indian software services exporter Wipro Ltd on its biggest-ever contract, a 10-year deal worth more than $1.5 billion with U.S.-based Alight Solutions for digital services.

Alight was represented by IndusLaw and Kirkland & Ellis.

Wipro, one of India’s top IT firms, said it would earn $1.5-1.6 billion in revenues over the tenure of the deal, which will include services in health, human resources and finance for Illinois-based Alight Solutions, according to Reuters.

Reuters added that in July, the Bengaluru-based firm had said it would buy Alight Solutions’ India operations for $117 million in cash. 

The AZB Partners team was led by partner Srinath Dasari, with Nils Vernooij heading the Wipro in-house team. 

The IndusLaw team was headed by partners Gaurav Dani and Saurav Kumar, with competition law advice provided by partner Avimukt Dar. The Alight in-house team led by Dalbir Sahrawat.

 

To contact the editorial team, please email ALBEditor@thomsonreuters.com.

Related Articles

CAM, Trilegal, Khaitan, IndusLaw act on HUL’s $350 mln Minimalist deal

by Nimitt Dixit |

In the first big M&A deal in India this year, leading firm Cyril Amarchand Mangaldas has guided FMCG major Hindustan Unilever (HUL) on its acquisition of 90.5 percent stake in Jaipur-based skincare startup Minimalist for close to $350 million (29.5 billion rupees).

7 international, Indian firms act on Kedaara Capital’s $350 mln U.S. bet

by Nimitt Dixit |

Akin Gump Strauss Hauer & Feld, Quillon Partners, and Kelley Drye & Warren have advised Indian private equity firm Kedaara Capital on its maiden bet in the data analytics and AI solutions market, committing $350 million strategic investment to San Jose, California-based Impetus Technologies.

SAM, Latham guide Hexaware’s upcoming $1.2 bln India IPO

by Nimitt Dixit |

Indian law firm Shardul Amarchand Mangaldas & Co has been mandated to assist Hexaware Technologies, an AI-focused tech company backed by Carlyle Group, on its upcoming initial public offering (IPO) in India, which is expected to raise $1.2 billion.