Blackstone’s Acquisition of Simplilearn

IndusLaw advised advised Kalaari Capital, Helion Venture Partners and Mayfield Fund on the transaction, while Khaitan & Co. advised Blackstone Group.

Blackstone Group completed the acquisition of a controlling stake in edtech startup Simplilearn and early investors Kalaari Capital, Helion Venture Partners and Mayfield Fund made an exit as part of the transaction.

Simplilearn Solutions offers educational services. The Company provides educational training and courses in the field of project management, IT, finance management, SAP, sales, quality management, cloud computing, and big data.

The IndusLaw team was led by Partner Siddharth Manchanda (Picture), Partner Minhaz Lokhandwala, Senior Associate Chandni Shah and Associate Anushree Kacker.

The core transaction team consisted of Haigreve Khaitan (Partner), Ganesh Prasad (Partner), Ashraya Rao  (Partner), Tanvi Kumar (Partner), Aishwarya Nagpal (Principal Associate), Srikant C.V. (Principal Associate), Amulya Sharma (Senior Associate), Unnita Bhattacharya (Senior Associate) and Reshma Abraham (Associate) with assistance from the following:

The Khaitan & Co. team consisted of Supratim Chakraborty (Partner), Sumantra Bose (Principal Associate) and Tashi Gyanee (Associate); Manavendra Mishra (Partner), Ravitej Chilumuri (Partner), Aditya Gore (Associate) and Akash Karmarkar (Associate); Employment Law aspects: Jeevan Ballav Panda (Partner), Gaurav Sharma (Senior Associate) and Rishav Dutt (Principal Associate); Intellectual Property aspects: Shailendra Bhandare (Partner), Sourav Dan (Principal Associate) and Rhea Ghanshani (Associate); Real Estate aspects: Harsh Parikh (Partner) and Karan Dattani (Associate); Due diligence aspects: Arjun Nair (Associate) and Bhavika Sanghvi (Associate).

Involved fees earner: Unnita Bhattacharya – Desai & Diwanji; Anushree Kacker – IndusLaw; Minhaz Lokhandwala – IndusLaw; Siddharth Manchanda – IndusLaw; Chandni Shah – IndusLaw; Reshma Abraham – Khaitan & Co.; Jeevan Ballav Panda – Khaitan & Co.; Shailendra Bhandare – Khaitan & Co.; Sumantra Bose – Khaitan & Co.; Supratim Chakraborty – Khaitan & Co.; Ravitej Chilumuri – Khaitan & Co.; Srikant CV – Khaitan & Co.; Sourav Dan – Khaitan & Co.; Karan Dattani – Khaitan & Co.; Rishav Dutt – Khaitan & Co.; Rhea Ghanshani – Khaitan & Co.; Aditya Gore – Khaitan & Co.; Tashi Gyanee – Khaitan & Co.; Akash Karmarkar – Khaitan & Co.; Haigreve Khaitan – Khaitan & Co.; Tanvi Kumar – Khaitan & Co.; Manavendra Mishra – Khaitan & Co.; Aishwarya Nagpal – Khaitan & Co.; Arjun Nair – Khaitan & Co.; Harsh Parikh – Khaitan & Co.; Ganesh Prasad – Khaitan & Co.; Ashraya Rao – Khaitan & Co.; Bhavika Sanghvi – Khaitan & Co.; Amulya Sharma – Khaitan & Co.; Gaurav Sharma – Khaitan & Co.;

Law Firms: Desai & Diwanji; IndusLaw; Khaitan & Co.;

Clients: Blackstone; Helion Venture Partners; Kalaari Capital; Mayfield ;

Author: Sonia Carcano