CESC Ventures’ Acquisition of a Majority Stake In Peel-Works Private Limited


Khaitan & Co advised CESC Ventures Limited on the deal.

CESC Ventures acquired 8.49% stake in Peel-Works Private Limited at a total cost of Rs 20.99 crore (approx. $2.8 million).

CESC Ventures Limited operates as a venture capital investment company. The Company focuses on information technology, business process outsourcing, real estate, and entertainment sectors.

The Khaitan & Co team comprised Partner Anuj Shah (Picture), Kumar Kartikeya Prakash (Principal Associate), Pratik Jain (Associate), Vaibhavi Tadwalkar (Associate).

Involved fees earner: Pratik Jain – Khaitan & Co.; Kumar Kartikeya Prakash – Khaitan & Co.; Anuj Shah – Khaitan & Co.; Vaibhavi Tadwalkar – Khaitan & Co.;

Law Firms: Khaitan & Co.;

Clients: CESC Ventures Ltd;

Author: Michael Patrini