{"id":304403,"date":"2023-10-11T18:30:12","date_gmt":"2023-10-11T13:00:12","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=304403"},"modified":"2023-10-11T18:29:29","modified_gmt":"2023-10-11T12:59:29","slug":"ls-advises-educational-testing-service-ets-on-its-acquisition-of-wheebox","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2023\/10\/11\/ls-advises-educational-testing-service-ets-on-its-acquisition-of-wheebox\/","title":{"rendered":"L&amp;S advises Educational Testing Service (ETS) on its acquisition of Wheebox"},"content":{"rendered":"<div style=\"text-align: justify; line-height: 150%;\">\n<p style=\"margin-bottom: 3%;\">Lakshmikumaran and Sridharan attorneys (LKS) acted as legal advisors to ETS in acquiring People Strong&#8217;s assessment and remote proctoring business Wheebox. LKS provided comprehensive transaction support including advising on structuring, legal due diligence, negotiations, finalization of transaction documents and closing related assistance.<\/p>\n<p style=\"margin-bottom: 3%;\">The core team consisted of Mr. Kunal Arora (Partner), Mr. Manan Chhabra (Principal Associate), Ms. Dikshita Damodaran (Senior Associate), Ms. Ruchika (Associate) and Aman Gupta (Associate) with assistance on the due diligence from Mr. Kumar Panda (Principal Associate), Mr. Sameer Avasarala (Senior Associate) and Ms. Aishwarya Narasimhan (Consultant).<\/p>\n<p style=\"margin-bottom: 3%;\">The LKS Direct Tax team consisted of Mr. S Vasudevan (Executive Partner), Mr. Karanjot Singh (Associate Partner), Mr. Harshit Khurana (Principal Associate) and Ms. Sonali Bansal (Associate).<\/p>\n<p style=\"margin-bottom: 3%;\">The LKS Indirect Tax team consisted of Mr. Satya Sai (Associate Partner) and Mr. Satish Gandla (Principal Associate).<\/p>\n<p style=\"font-weight: bold;\">About Lakshmikumaran &amp; Sridharan<\/p>\n<p style=\"margin-bottom: 3%;\">Lakshmikumaran &amp; Sridharan (LKS) is a premier full-service Indian law firm specializing in areas such as corporate &amp; M&amp;A\/PE, dispute resolution, taxation and intellectual property. The firm, through its 14 offices across India, works closely on litigation and commercial law matters, advising and representing clients both in India and abroad. The firm has handled more than 30,000 litigation cases before various forums including 2,000 cases before the Supreme Court of India. Over the last 37 years, the firm has worked with over 15,500 clients which range from start-ups, small &amp; medium enterprises, to large Indian corporates and multinational companies.<\/p>\n<p style=\"margin-bottom: 3%;\">The professionals within the firm bring diverse experience to service clients across sectors such as commodities, automobile, manufacturing, healthcare, IT\/ITeS, FMCG, hospitality, real estate, petrochemicals, e-commerce, fintech, big data, renewables, cryptocurrency, gaming and sports. The firm takes pride in the value-based, client-focused approach that combines knowledge of the law with industry experience to design bespoke legal solutions.<\/p>\n<p style=\"margin-bottom: 3%;\">The firm&#8217;s driving principles to achieve our vision are integrity, knowledge, innovation, and collaboration.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Lakshmikumaran and Sridharan attorneys (LKS) acted as legal advisors to ETS in acquiring People Strong&#8217;s assessment and remote proctoring business Wheebox. LKS <\/p>\n","protected":false},"author":8808,"featured_media":304411,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[45282,2],"tags":[55512,55515,29947,3437,59449,49368,26504,55513,59221,31497,55514,4132,55516,61820],"class_list":["post-304403","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-law-firms-news","category-news","tag-automobile","tag-big-data","tag-cryptocurrency","tag-e-commerce","tag-educational-testing-service","tag-fintech","tag-healthcare","tag-hospitality","tag-lakshmikumaran-sridharan","tag-manufacturing","tag-petrochemicals","tag-real-estate","tag-renewables","tag-wheebox"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>L&amp;S advises Educational Testing Service (ETS) on its 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2023","format":false,"excerpt":"Lakshmikumaran and Sridharan (LKS) acted as legal advisors to ETS and another co-investor on the Series C funding round for Leverage Edu. The round was led by ETS, a renowned US-based entity, along with prominent investors Blume Ventures, DSG Consumer Partners and Kaizen. LKS provided comprehensive transaction support including advising\u2026","rel":"","context":"In &quot;Law Firms News&quot;","block_context":{"text":"Law Firms News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/law-firms-news\/"},"img":{"alt_text":"educational testing service","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/07\/educational-testing-service.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/07\/educational-testing-service.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/07\/educational-testing-service.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/07\/educational-testing-service.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":308440,"url":"https:\/\/www.scconline.com\/blog\/post\/2023\/12\/05\/lakshmikumaran-and-sridharan-attorneys-advises-integral-education-society-jaipuria-group-ashiana-housing-ltd\/","url_meta":{"origin":304403,"position":1},"title":"Lakshmikumaran and Sridharan Attorneys advises Integral Education Society &#8211; Jaipuria Group &amp; Ashiana Housing Ltd","author":"Bhumika Indulia","date":"December 5, 2023","format":false,"excerpt":"Lakshmikumaran and Sridharan, Attorneys (\u201cLKS\u201d) acted as a common legal counsel to Integral Education Society, one of the entities of Jaipuria Group and Ashiana Housing Limited, a public listed company. 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The team assisted and advised Niine Private Limited on the legal, regulatory, and direct\u2026","rel":"","context":"In &quot;Law Firms News&quot;","block_context":{"text":"Law Firms News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/law-firms-news\/"},"img":{"alt_text":"RAISE-FUN","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/07\/RAISE-FUN.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/07\/RAISE-FUN.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/07\/RAISE-FUN.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/07\/RAISE-FUN.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":281422,"url":"https:\/\/www.scconline.com\/blog\/post\/2023\/01\/11\/lakshmikumaran-and-sridharan-advises-on-the-acquisition-of-350-acre-land-by-m3m-india-from-ambience-group\/","url_meta":{"origin":304403,"position":3},"title":"Lakshmikumaran and Sridharan advises on the acquisition of 350-acre land by M3M India from Ambience Group","author":"Bhumika Indulia","date":"January 11, 2023","format":false,"excerpt":"New Delhi, January 10, 2023: Lakshmikumaran and Sridharan acted as the legal counsel for Ambience Group and advised on all aspects related to the transaction. 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