Clarence & Partners advised Trica Equity on its acquisition by sharetech platform Vestd. In March 2025, UK-based sharetech platform Vestd acquired Trica Equity, a leading Indian equity management company, marking Vestd’s strategic expansion into the Indian market. This acquisition combines Vestd’s advanced equity management technology with Trica’s deep understanding of the Indian and emerging markets, aiming to provide enhanced services to startups and enterprises seeking scalable growth through simplified equity management.

As Trica’s legal counsels, Clarence & Partners advised on all aspects of the cross-border acquisition by Vestd, including structuring the transaction to comply with Indian regulatory, corporate, and foreign exchange laws. The firm led legal due diligence, negotiated key transaction documents, and helped align stakeholder interests while ensuring a smooth transition.

The Vestd-Trica deal was complex and significant due to its cross-border nature, requiring seamless coordination between Indian and UK legal frameworks, including foreign direct investment (FDI) regulations, corporate approvals, and data protection compliance. Structuring the transaction involved navigating India’s evolving regulatory landscape for equity management platforms, balancing local requirements with Vestd’s strategic objectives.

The deal was innovative in leveraging a full acquisition structure to integrate technology and market access across jurisdictions, setting a rare precedent in the equity management space. The deal marked one of the first major consolidations between Indian and UK sharetech platforms, signalling growing global interest in India’s startup ecosystem and establishing a model for future cross-border fin-tech transactions.

The transaction team comprised Founding Partner Clarence Anthony, Partner Varnika Sharma and Associate Partner Neha Thakur.