{"id":288509,"date":"2023-04-04T18:30:19","date_gmt":"2023-04-04T13:00:19","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=288509"},"modified":"2023-04-04T18:28:25","modified_gmt":"2023-04-04T12:58:25","slug":"shardul-amarchand-mangaldas-advises-onsitego-electro-services-private-limited-in-its-investment-in-utc-digital-technologies-private-limited","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2023\/04\/04\/shardul-amarchand-mangaldas-advises-onsitego-electro-services-private-limited-in-its-investment-in-utc-digital-technologies-private-limited\/","title":{"rendered":"Shardul Amarchand Mangaldas advises Onsitego Electro Services Private Limited in its investment in UTC Digital Technologies Private Limited"},"content":{"rendered":"
\n

Shardul Amarchand Mangaldas & Co. advised Onsitego Electro Services Private Limited (Onsitego) in its investment in Digi2L. The post-closing shareholding of Onsitego in Digi2L is 26%.<\/p>\n

The Transaction team was led by Abhishek Dubey, Partner; Pallov Upadhyay, Associate; and Shatakshi Gupta, Associate.<\/p>\n

Digi2L operates in the re-commerce space and is in the business of providing assured buyback, exchange and reselling services for appliances. Onsitego was founded in 2010 by Kunal Mahipal and its investors include IFC, Accel and Zodius.<\/p>\n

About Shardul Amarchand Mangaldas & Co:<\/p>\n

Shardul Amarchand Mangaldas & Co, founded on a century of legal achievements, is one of India’s leading full-service law firms. The Firm’s mission is to enable business by providing solutions as trusted advisers through excellence, responsiveness, innovation and collaboration. SAM & Co is known globally for its exceptional practices in mergers & acquisitions, private equity, competition law, insolvency & bankruptcy, dispute resolution, capital markets, banking & finance and projects & infrastructure.<\/p>\n

The Firm has a pan-India presence and has been at the helm of major headline transactions and litigations in all sectors, besides advising major multinational corporates on their entry into the Indian market and their business strategy. Currently, the Firm has over 750 lawyers including 160 Partners, offering legal services through its offices at New Delhi, Mumbai, Gurugram, Ahmedabad, Kolkata, Bengaluru and Chennai.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Shardul Amarchand Mangaldas & Co. advised Onsitego Electro Services Private Limited (Onsitego) in its investment in Digi2L. The post-closing shareholding of Onsitego <\/p>\n","protected":false},"author":8808,"featured_media":288531,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[45282,2],"tags":[55232,40943,6671,56500,37235,5921,56502,56503,53016,19321,47620,46117,55233,55231],"class_list":["post-288509","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-law-firms-news","category-news","tag-banking-finance","tag-capital-markets","tag-competition-law","tag-digital-technologies","tag-dispute-resolution","tag-excellence","tag-indias-leading","tag-innovation-and-collaboration","tag-insolvency-bankruptcy","tag-law-firms","tag-mergers-acquisitions","tag-private-equity","tag-projects-infrastructure","tag-responsiveness"],"yoast_head":"\nShardul Amarchand Mangaldas advises Onsitego Electro Services Private Limited in its investment in UTC 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The\u2026","rel":"","context":"In "Law Firms News"","block_context":{"text":"Law Firms News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/law-firms-news\/"},"img":{"alt_text":"aditya birla new age hospitality private limited","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/08\/aditya-birla-new-age-hospitality-private-limited-1.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/08\/aditya-birla-new-age-hospitality-private-limited-1.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/08\/aditya-birla-new-age-hospitality-private-limited-1.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/08\/aditya-birla-new-age-hospitality-private-limited-1.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":289408,"url":"https:\/\/www.scconline.com\/blog\/post\/2023\/04\/13\/shardul-amarchand-mangaldas-advises-inq-holding-llc-a-wholly-owned-subsidiary-of-qatar-investment-authority-on-obtaining-the-ccis-approval-for-its-investment-in-bts-investment-1-pte-ltd\/","url_meta":{"origin":288509,"position":4},"title":"Shardul Amarchand Mangaldas advises INQ Holding LLC, a wholly-owned subsidiary of Qatar Investment Authority, on obtaining the CCI\u2019s approval for its investment in BTS Investment 1 Pte. Ltd","author":"Bhumika Indulia","date":"April 13, 2023","format":false,"excerpt":"Shardul Amarchand Mangaldas advised INQ Holding LLC (\u201cINQ\u201d), a wholly owned subsidiary of Qatar Investment Authority (\u201cQIA\u201d) (the sovereign wealth fund of the State of Qatar) in relation to obtaining the Competition Commission of India\u2019s approval for its investment in BTS Investment 1 Pte. Ltd. (\u201cBTS1\u201d), a Singapore based pooled\u2026","rel":"","context":"In "Law Firms News"","block_context":{"text":"Law Firms News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/law-firms-news\/"},"img":{"alt_text":"Shardul Amarchand Mangaldas","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/04\/MicrosoftTeams-image-1125.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/04\/MicrosoftTeams-image-1125.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/04\/MicrosoftTeams-image-1125.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/04\/MicrosoftTeams-image-1125.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":290510,"url":"https:\/\/www.scconline.com\/blog\/post\/2023\/04\/25\/shardul-amarchand-mangaldas-advises-birla-estates-private-limited-on-acquisition-of-land-and-building-in-south-mumbai\/","url_meta":{"origin":288509,"position":5},"title":"Shardul Amarchand Mangaldas advises Birla Estates Private Limited on acquisition of land and building in South Mumbai","author":"Bhumika Indulia","date":"April 25, 2023","format":false,"excerpt":"Shardul Amarchand Mangaldas & Co. advised Birla Estates Private Limited on its acquisition of land and building at Walkeshwar, Malabar Hill Division, Mumbai. The transaction is undertaken with the intention of developing a premium residential project. 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