Kochhar & Co. acted as legal counsel to ElevenX Capital, a U.S.-based private equity firm, in relation to the India leg of the sale of its portfolio company, OculusIT, to Avathon Capital, a Chicago-based private investment platform focused on education and workforce development.
Kochhar & Co. advised on all India-related legal aspects of the transaction, including drafting & negotiation of transaction documents and providing strategic legal guidance on employment law, foreign exchange regulations, and direct & indirect tax matters.
The transaction was led by Partners Anirudh Mukherjee and Manish Dembla, with support from Senior Associate Narinder kaul.
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