Trilegal represented TPG Growth IV SF Pte. Ltd on the block sale of 10,843,050 equity shares (“Block Sale”) of FSN E-Commerce Ventures Ltd (“Nykaa”) amounting to INR 2,020 million.
TPG was an investor in Nykaa prior to its IPO and sold its partial stake in the same. The Block Sale marks its first sale post expiry of the IPO lock-in period. Morgan Stanley was the placement agent for the Block Sale.
The Trilegal team was led by Partner Richa Choudhary, Other attorneys who assisted on the deal were, Albin Thomas, Counsel; Maitreya Rajurkar, Senior Associate; and Sanya Chaudhari, Associate.
Trilegal is one of India’s leading law firms, with expertise across the full spectrum of corporate legal services. Trilegal has offices in four key cities of India.
Trilegal has been recognised as the ‘Firm of the year’ for Client Service Excellence by Asia Law Awards 2021; “M&A Law firm of the Year”by VCCircle Awards 2020; ‘Law Firm of the Decade’ at the RSG Grow India Summit and Awards 2019; one of the most innovative law firms in Asia in the inaugural edition of ALB Trailblazers 2020 and ‘highly commended’ in the FT RSG Innovative Lawyers Awards 2020. Trilegal has also been recognised as one of the ‘Best Overall Law Firms in India’ as part of the India Business Law Journal Annual Indian Legal Awards 2021.
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