Cyril Amarchand Mangaldas (CAM) has advised India’s CarTrade Tech on its 30-billion-rupee ($411 million) IPO, with IndusLaw and Sidley Austin representing the book-runners and lead managers. AZB & Partners counselled the selling shareholders.
Founded in 2009, CarTrade, an Indian online auto classifieds platform, is backed by marquee investors such as Warburg Pincus, Temasek, JPMorgan, and March Capital.
The CAM team was led by Yash Ashar and Vijay Parthasarathi.
Cyril Amarchand Mangaldas has added a fourth partner to its ranks in July as real estate attorney Siddharth Singh joins the firm along with his entire team in Ahmedabad. Singh previously ran his own law firm SBS Legal Advocates in the city.
Cyril Amarchand Mangaldas has added a third partner in July, with Trilegal counsel Pooranimaa Hariharan joining the firm’s corporate practice in Bengaluru.
Indian law firm Trilegal has seen a rare recent partner departure, with banking expert Pranav Sharma rejoining Cyril Amarchand Mangaldas as an equity partner in Mumbai.