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Head InfoTech India Pvt Ltd, an online skill-based gaming platform which operates Ace2Three, has secured approximately $74 million in funding by sale of 87% shareholding to Clairvest Group Inc and a consortium of certain other domestic and foreign investors.
|Deal||Head InfoTech sells 87% shareholding to a group of investors|
|Value||$75 million/ ₹500 crore approx|
|Law Firms||Head InfoTech- Luthra & Luthra; Clairvest- Khaitan & Co.; Matrix Partners – Rajaram Legal Co-investors- IC Legal|
|Partners/ Heads||Luthra & Luthra: Sundeep Dudeja & Vaibhav Kakkar; Khaitan & Co: Surbhi Kejriwal; Rajaram Legal – Archana Rajaram|
Head InfoTech was advised by Luthra & Luthra through a team led by Partners Sundeep Dudeja & Vaibhav Kakkar.
Clairvest was advised by Khaitan & Co, and other investors were advised by IC Legal. The Khaitan team was led by Associate Partner Surbhi Kejriwal.
Matrix Partners was advised by Rajaram Legal’s Archana Rajaram.