SAM, Stratage Law Partners act on Delhivery acquisition of SpotOn Logistics

The acquisition is reportedly an all-cash transaction worth $300 million.
Delhivery
Delhivery

Delhi-based delivery and e-commerce logistics firm Delhivery has acquired 100% of the share capital of SpotOn Logistics.

Delhivery is purchasing equity shares from Samara Alternate Investment Fund, Samara Capital Partners Fund II Limited, Xponentia Fund Partners LLP, Xponentia Opportunities Fund I and Virginia Tech Foundation, Inc.

Shardul Amarchand Mangaldas advised Delhivery and the team was led by Partner Nivedita Tiwari along with Principal Associate Akshaya Iyer, Senior Associate Abhinav Kumar and Associates Surabhi Gupta and Gunjan Garg.

Capital markets was led by Prashant Gupta (Partner).

Regulatory aspects were led by Nivedita Tiwari (Partner), Devesh Pandey (Partner), Akshaya Iyer (Principal Associate) and Abhinav Kumar (Senior Associate).

Competition aspects were led by Manika Brar (Partner), Harman Singh Sandhu (Partner) and Pranav Satyam (Special Advisor).

Due diligence team was led by Nivedita Tiwari (Partner), Devesh Pandey (Partner), Akshaya Iyer (Principal Associate), Abhinav Kumar (Senior Associate), Axay Satagopan (Senior Associate), Ayushi Mishra (Senior Associate), Kriti Tuteja (Senior Associate) and Surabhi Gupta (Associate).

Employment aspects were led by Pooja Ramchandani (Partner), Suryansh Gupta (Associate) and Harshita Arora (Associate).

Intellectual Property aspects were led by Abhay J.V. (Partner), Leoni Mahanta (Principal Associate).

Stratage Law Partners advised SpotOn Logistics Private Limited, Samara Alternate Investment Fund, Samara Capital Partners Fund II Limited, Xponentia Fund Partners LLP, Xponentia Opportunities Fund I and Virginia Tech Foundation, Inc.

The team at Stratage was led by Managing Partner Darshan Upadhyay, Bhavin Gada (Partner) and Soumya Shanker (Associate Partner), and consisted also of Mehak Gupta (Senior Associate) and Sanjana Bhasin (Associate).

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