Khaitan & Co along with Bharucha & Partners advised on General Atlantic’s strategic minority investment in Balaji Wafers.

This transaction represents a strategic minority investment in one of India’s leading home-grown packaged snacks platforms.

Balaji Wafers is one of India’s largest packaged snack brands, with a diversified portfolio spanning namkeen, western snacks and potato wafers. The company operates across multiple states in India and exports to approximately 25 countries globally.

Khaitan & Co advised Balaji Wafers Private Limited and its promoters on the proposed strategic minority investment by General Atlantic in the company.

The core transaction team was led by Partner Ashraya Rao and Partner Saswat Subasit, with support from Principal Associate Kaushik Babu and Associate Akhil Wilson Thomas.

The intellectual property advisory team comprised Partner Adheesh Nargolkar, Principal Associate Sunaina Brahma, and Associate Abhishek Mishra.

The competition law and CCI advisory team was led by Partner Anshuman Sakle, with support from Senior Associate Rishabh Vohra and Associate Sana Vaidya.

Transaction documentation support was provided by Principal Associate Bhavya Bhankharia, Senior Associate Saranya Mishra, and Associate Palak Sheth.

The legal and regulatory vendor due diligence team included Associate Alankrita Singh, Associate Palak Sheth, Associate Yash Dawda, and Associate Tirthesh Jain.

Employment law due diligence was handled by Partner Anshul Prakash, Principal Associate Kruthi Murthy, and Associate Ananya Gandhi.

The real estate due diligence team comprised Partner Avnish Sharma, Partner Sudheer Madamaiah, Partner Mudit Shah, Counsel Amruta Joshi, Principal Associate Ekta Sawant, Principal Associate Siddharth Godha, Principal Associate Rupali Singh, Senior Associate Riya Manuja, Associate Nidhi Marakana, Associate Snehil Singhvi, Associate Vidhi Patel, Associate Shambhavi Kashyap, Associate Esha Shah, Paralegal Daksh Gupta, and Paralegal Dharam Prakash Bhardwaj.

Bharucha & Partners advised General Atlantic, a leading global growth equity investor, on its strategic minority investment in Balaji Wafers.

The transaction advisory team was led by Senior Partner Vandana Pai, with support from Counsel Ayush Jain and Senior Associate Hardik Dave. The intellectual property and regulatory aspects were led by Partner Kaushik Moitra, Practice Lead – Regulatory & IP-TMT and Practice Development.