Deal Corner

August 19, 2020

Sale of WhiteHat Jr to Byju’s

DEAL BRIEF

Online learning platform, Byju’s, acquired WhiteHat Jr, an ed-tech company for approx. USD 300 million from Karan Bajaj (founder) and Nexus Ventures, Omidyar Network and Owl Ventures (investors).

OUR ROLE

Nishith Desai Associates acted as the India legal counsel to Nexus Ventures, Omidyar Network and Owl Ventures and advised them on the legal, tax and regulatory aspects of the transaction.

NEWS COVERAGE

https://www.moneycontrol.com/news/business/startup/byjus-acquires-ed-tech-startup-whitehat-jr-5652011.html

https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/byjus-acquires-mumbai-based-edtech-firm-whitehat-jr/articleshow/77378868.cms

https://www.business-standard.com/article/companies/byju-s-acquires-mumbai-based-ed-tech-start-up-whitehat-jr-for-300-mn-120080501868_1.html


Disclaimer

We expressly clarify that this communication is not a solicitation or an invitation of any sort whatsoever from Nishith Desai Associates or any of its members to create an attorney-client relationship. This communication is not intended to be a source of advertising and the recipient should always seek the advice of competent counsel licensed to practice in the recipient's country/state.

This is not a Spam mail. You have received this mail because you have either requested for it or someone must have suggested your name. Since India has no anti-spamming law, we refer to the US directive, which states that a mail cannot be considered Spam if it contains the sender's contact information, which this mail does. In case this mail doesn't concern you, please unsubscribe from mailing list.

 

 

 

Proud Moments

Benchmark Litigation Asia-Pacific: Tier 1 for Government & Regulatory and Tax
2020, 2019, 2018

Legal500 Asia-Pacific: Tier 1 for Tax, Investment Funds, Labour & Employment and TMT
2020, 2019, 2018, 2017, 2016, 2015, 2014, 2013, 2012

Chambers and Partners Asia Pacific: Band 1 for Employment, Lifesciences, Tax and TMT
2020, 2019, 2018, 2017, 2016, 2015

IFLR1000: Tier 1 for Private Equity and Project Development: Telecommunications Networks.
2020, 2019, 2018, 2017, 2014

AsiaLaw Asia-Pacific Guide 2020: Tier 1 (Outstanding) for TMT, Labour & Employment, Private Equity, Regulatory and Tax

FT Innovative Lawyers Asia Pacific 2019 Awards: NDA ranked 2nd in the Most Innovative Law Firm category (Asia-Pacific Headquartered)

RSG-Financial Times: India’s Most Innovative Law Firm
2019, 2017, 2016, 2015, 2014

NDA Connect

Connect with us at events, 
conferences and seminars.