Zluri Technologies acquisition

Shardul Amarchand Mangaldas & Co. (“SAM”) advised Zluri Technologies Private Limited (“Zluri”) and its founders, as well as MassMutual Ventures, Kalaari Capital, Endiya Partners and Lightspeed India Partners (“Institutional Sellers”), on the sale of 100% of the share capital of Zluri to ITRG Holdings Inc. The transaction involved 32 (thirty-two) sellers, comprising the founders, the Institutional Sellers and angel investors.

The SAM team advising Zluri and the Founders comprised Ashish Ahluwalia (Partner) and Adarsh Mishra (Associate), with strategic inputs from Manish Gupta (Partner).

The SAM team advising the Institutional Sellers comprised of K. S. Bhargava (Partner) and Allen Benny Mathews (Associate).

Gouri Puri (Partner) and Nimish Malpani (Principal Associate) provided tax advisory services to MassMutual Ventures.

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