08 Jan 2026
Trilegal acted as the exclusive legal advisor to Premji Invest and TPG NewQuest on their partial exit from iD Fresh Foods (India) Private Limited to Apax Partners. Apax Partners acquired approximately 35% stake in iD Fresh Foods (India) Private Limited through a combination of secondary share purchases and a primary investment in the Company, for approximately INR 1,500 crores.
Trilegal provided comprehensive legal support on the deal, including conducting a vendor due diligence on the Company, and advising Premji Invest and TPG NewQuest across all aspects of the transaction, including transaction structuring and the drafting, review, negotiation and finalisation of the transaction documents.
The Trilegal Transaction team on the deal was led by Partner: Ankit Kejriwal; and comprised Senior Associate: Rutvij Naik; and Associates: Aakanksha Ranjan and Dhanush Thonaparthi.
The Trilegal Due Diligence team on the deal was led by Partners: Ankit Kejriwal, Kirti Balasubramanian and Kanishka Maggon; and comprised Senior Associate: Rutvij Naik; and Associates: Atishay Jain, Shalika, Dhanush Thonaparthi, Hitarth Parikh and Jakeer Hussain.
About Trilegal
Trilegal is a leading full-service law firm in India with over 25 years of experience, trusted for its in-depth expertise and client-centric approach. The firm advises a diverse set of clients, including Fortune 500 companies, global investment funds, major Indian conglomerates, domestic and international banks, technology and media giants, family offices, and high-net-worth individuals. With over 151 partners operating under a distinctive lockstep model, Trilegal is the largest equity partnership in the country. The firm retains over 1,200 professionals across Mumbai, Delhi, Bengaluru, Chennai, and Gurugram offices.
Trilegal has consistently been recognised among India’s top-tier firms in leading legal directories such as Chambers & Partners (Asia Pacific and Global), Legal 500 Asia Pacific, and Benchmark Litigation. It has also earned several prestigious accolades, including being named Best Overall Law Firm by India Business Law Journal (IBLJ) 2025, Innovative Lawyers in Disputes & Crisis Management by the Financial Times (FT) Innovative Lawyers Asia-Pacific Awards in 2025, M&A Firm of the Year by IFLR Asia-Pacific in 2024, Law Firm of the Year by Deal Volume at the VCCircle Awards in 2024.
For more information, please get in touch with Prakruti Jani | Mob: +91-9867868976 | BD@trilegal.com
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