Rapido 
Dealstreet

Trilegal, Resolution Law act on Prosus' $28 million stake acquisition in Rapido

Prosus acquired the stake in Rapido from Advantedge, allowing the latter to partially exit from Rapido.

Bar & Bench

Dutch investment firm Prosus, through its indirect wholly owned subsidiary MIH Investments One BV, has acquired a stake in Rapido for $28 million, from Advantedge.

Trilegal advised Prosus on this transaction.

The transaction team consisted of Harsh Jain (Partner), Ekta Janghu (Senior Associate), Manjari Rammohan (Senior Associate) and Manya Chhabra (Associate).

Harsh Jain

The Resolution Law Group advised Advantedge on this transaction, allowing the company to partially exit from Rapido.

The transaction was led by managing partner Sunaina Paintal.

If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.

Also Read

"We are in a democracy": Delhi HC pulls up Centre for failure to hold Cantonment Board polls

Section 9 Arbitration Act petition: Whether maintainable for disputes arising under Power Purchase Agreement

Radhika Raman joins Phoenix Legal as Partner to lead Derivatives practice

Supreme Court orders CBI probe into digital arrest scams

Khaitan & Co acts on R Systems International ₹275 crore NCD issuance

SCROLL FOR NEXT