JSA Advised A91 Partners On Acquisition Of 15% Stake In Citykart Ventures

June 6, 2025

JSA Advocates and Solicitors, advised and represented A91 Partners, in their investment in Citykart Ventures Private Limited, acquiring a 15.24% stake in the company that owns and operates a chain of value fashion retail stores. The transaction involved a primary as well as a secondary component, providing a 100% exit to one of Citykart’s early backers – Investcorp – and a partial exit to India SME Fund. JSA provided A91 Partners with a comprehensive support, including a thorough due diligence into Citykart’s multi-state operations, as well as drafting, negotiating, and closing the transaction.

The team, led by Lead Partner Probir Roy Chowdhury, along with Partner Yajas Setlur, Senior Associate Bhargavi Kuchewar and Associate Moushami Nayak.

Bhargavi Kuchewar, Moushami Nayak, Probir Roy Chowdhury, Yajas Setlur

Fashion & Retail

Mergers & Acquisitions

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