IndusLaw advised KiranaKart Technologies Private Limited (”Zepto”), on a first of its kind cross-border group restructuring, involving a reverse flip/internalization to shift its domicile to India from Singapore.
This transaction involved the amalgamation of Zepto, into its India-based subsidiary. The transaction marks a significant milestone as Zepto became one of the first major startups to successfully reverse flip to India from Singapore, following NCLT approval.
The IndusLaw team comprised Partners Winnie Shekhar and Rashi Bharadwaj, Principal Associate Rajat Jain, Senior Associate Ravishankar M, and Associates Ravin Abhyankar and Khushi V.
Source: IndusLaw’s LinkedIn Page
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