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AZB, Khaitan lead on Amazon investment in Quess Corp
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AZB, Khaitan lead on Amazon investment in Quess Corp

Bar & Bench

Amazon is investing Rs 51 crore in Quess Corp, a provider of logistical, staffing and infrastructural solutions to businesses, for a 0.51% stake.

AZB & Partners acted for amazon and the team was led by Partners Hardeep Sachdeva and Ravi Bhasin along with Counsel Abhyudai Singh.

Khaitan & Co acted for Quess Corp and the team was led by Partner Arun Scaria.

The investment will be going into the company’s subsidiary Qdigi Services, which provides after-sales services for smartphones and other consumer electronics and durables.

This will help Amazon significantly expand is value proposition to customers across the entire lifecycle of electronics from sales to after sales to repair services, reported ET.