news

Latham & Watkins and Shardul Amarchand Mangaldas have advised Indian financial services platform PB Fintech on its 57-billion-rupee ($770 million) initial public offering, with Cyril Amarchand Mangaldas and Linklaters representing the book running lead managers.

PB Fintech is the parent company of online insurance marketplace Policybazaar and consumer credit marketplace Paisabazaar.

The Latham team was led by partners Rajiv Gupta, Jiyeon Lee-Lim, Rene de Vera and Nabil Sabki, while partner Amit Singh led the Linklaters team. Samvad Partners advised the founders of PB Fintech, Yashish Dahiya and Alok Bansal.

 

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

Related Articles

Deals

Latham, Milbank, SyCip act on largest greenfield infra FDI deal in Philippines

by Nimitt Dixit |

Milbank and SyCip Salazar Hernandez & Gatmaitan have acted for global investor Actis on its strategic partnership with the Philippines’ Meralco and its subsidiary, Solar Philippines New Energy Corporation, advised by Latham & Watkins, to invest $600 million in the Terra Solar Project.

Deals

SAM, CAM, Latham act on Ather Energy’s upcoming $536 mln IPO

by Nimitt Dixit |

Shardul Amarchand Mangaldas & Co is advising Indian electric two-wheeler maker Ather Energy on its upcoming $536.2 million initial public offering (45 billion rupees), as more emerging companies than ever before turn to India’s red-hot stock market to raise funds.

Deals

Trilegal, Latham, Quillon act on Platinum Equity’s India PE debut

by Nimitt Dixit |

Trilegal and Latham & Watkins have advised U.S.-based buyout fund Platinum Equity on its debut private equity deal in India, in the form of the acquisition of a majority stake in Inventia Healthcare, a Mumbai-based pharmaceutical company, at a valuation of $300 million.