Aditya Birla Fashion and Retail has acquired Jaypore, ethnic apparel and accessories retailer, for Rs. 110 crore to enter the large but untapped market of traditional wear..Khaitan & Co advised Aditya Birla, Fashion and Retail Investor, the acquirer and the team was led by Partner Vineet Shingal..Jerome Merchant + Partners advised the exiting promoters and angel investor Haresh Chawla and the team was led by Partners Kalpana Merchant and Murtaza Somjee..S&R Associates for Aavishkar, an exiting investor with a team led by Partner Viral Mehta..Bar & Bench is available on WhatsApp. For real-time updates on stories, click here to subscribe to our WhatsApp.
