Bharucha & Partners advised Vedantu Innovations Private Limited on the deal.
Vedantu executed a share purchase agreement to acquire the remaining 66.66 % of Adinio from its promoters through 3 tranches.
Vedantu is a live online tutoring platform engaged in the e-education sector, using a real-time virtual learning environment, and also provides test preparation courses for competitive exams.
Adinio is engaged in operating an online education application on which students may raise queries.
The Bharucha & Partners team included Partner Alka Bharucha (Picture), Managing Associate Swathi Girimaji, Senior Associate Neekesh Shetty, Senior Associate Aishwarya Gupta and Associate Shefali Murthy.
Involved fees earner: Alka Bharucha – Bharucha & Partners ; Swathi Girimaji – Bharucha & Partners ; Aishwarya Gupta – Bharucha & Partners ; Shefali Murthy – Bharucha & Partners ; Neekesh Shetty – Bharucha & Partners ;
Law Firms: Bharucha & Partners ;
Clients: Vedantu Innovations Private Limited;