Trilegal advised WestBridge Capital on its acquisition of a 15% stake in Edelweiss Asset Management Limited and Edelweiss Trusteeship Company Limited.

The Corporate team advising on the matter was led by Partner Arjun Ghose, supported by Counsel Ishika Goon, Senior Associates Aishwaria Ramanan, Mohammed Khalfan, and Anushree Garg, and Associates S Sivakumar, Krithika Bhandari, M Yogish, Gayatri Puthran, and Abhinav P Nair.

The Financial Regulatory team was led by Partners Shruti Rajan and Anubhav Ghosh, supported by Counsel Sanjana Rao, Senior Associate Drishti Kapadia and Associates Harsh Devpura and Yash Sangani.

The Competition team advising on the mandate was led by Partner Gauri Chhabra, supported by Counsel Gargi Yadav, Senior Associate Ujwala K Adikey and Associates Bhabya Mahapatra, Anjana Ravikumar and Shreya Chaudhary.

The Labour and Employment team advising on the matter was led by Partner Veena Gopalakrishnan, supported by Senior Associate Vinduja Menon and Associates Keerthanaa B and Khushi Agrawal.

The TMT team advising on the mandate was led by Partner Jyotsna Jayaram, supported by Senior Associates Sindhu A and Prabal De, and Associates Karthik Rai and Joseph Antony Paddikala.

Khaitan & Co advised Edelweiss Financial Services Limited, Edelweiss Asset Management Limited and Edelweiss Trusteeship Company Limited on WestBridge Capital’s proposed acquisition of a 15% stake in Edelweiss Asset Management and Edelweiss Trusteeship, respectively. The transaction marks WestBridge Capital’s entry into the mutual funds sector in India.

The core deal team included Kartick Maheshwari, Saswat Subasit, Vidushi Gupta, Ritika Vardhan, Kaushik Babu, Saranya Mishra, Utsav Mitra and Pavitra Khaitan, with assistance from Anisha Chand (Competition Law) and Vivek Mimani (Funds).