Skip to main content

Trilegal and Gunderson Dettmer have advised South Africa’s Naspers which, along with Canada’s state pension fund, counselled by AZB & Partners, recently invested $540 million in Indian educational technology startup Byju’s represented by Shardul Amarchand Mangaldas.

According to Reuters, after the latest investment, Byju’s, the creator of the most popular K-12 learning app in India, is now valued at $3.6 billion. Other investors in Byju’s include Tencent and the Chan Zuckerberg Initiative, a charity founded by Facebook Chief Executive Mark Zuckerberg and his wife, Priscilla Chan.

The Trilegal team was represented by partners Yogesh Singh, Samsuddha Majumdar and Nikhil Narendran.

The Gunderson Dettmer team was led by partner Jonathan C. Pentzien.

The SAM team was represented by partners Amit Khansaheb and Roshan Thomas. SAM recently advised food delivery app Swiggy’s on its $1 billion fundraising round, which was also led by Naspers.

 

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

Related Articles

Q&A with Edwin Northover, Debevoise & Plimpton LLP

Debevoise & Plimpton LLP won the Insurance Law Firm of the Year award at the ALB Hong Kong Law Awards 2024, apart from being the sponsor of the Insurance In-House Team of the Year award. Edwin Northover, Asia-based corporate partner and head of the firm’s financial institutions and corporate practices in Asia, talks about the firm's recent achievements, trends in the insurance industry, and future outlook for insurance law in Hong Kong.

Kramer Levin and Herbert Smith Freehills plan latest law firm mega-merger

by Reuters |

U.S. law firm Kramer Levin Naftalis & Frankel and global legal giant Herbert Smith Freehills are planning to merge to create a firm with more than 2,700 lawyers, according to a joint statement on Monday.

Tokyo International makes Singapore debut with SE Asia in its sights

by Sarah Wong |

Japanese boutique Tokyo International Law Office (TKI) is set to establish its first overseas outpost with the opening of a Singapore office in January 2025, marking a significant milestone in the rapidly expanding firm's global strategy.