Cyril Amarchand Mangaldas Advises Editorji on Investment by RP-SG Group

Cyril Amarchand Mangaldas acted as the legal counsel to Editorji Technologies Private Limited (Editorji) and its promoter Mr. Vikramaditya Chandra, on an investment by RP Sanjiv Goenka Group (RP-SG Group) in Editorji.

As part of the transaction, RP-SG Group acquired 51% stake in Editorji.

Editorji operates an AI-powered news application. Bharti Airtel and HT Media are the existing investors in Editorji.

The General Corporate team of CAM advised on review, finalization, and negotiation of transaction documents. The transaction team was led by Akila Agrawal, Partner & Head – Mergers & Acquisitions; Mukul Sharma, Partner; and Megha Bhargava, Partner; with support from Ishita Khandelwal, Principal Associate; Akshay Pathak, Senior Associate; and Darshna Vyas, Associate.

About Cyril Amarchand Mangaldas

Cyril Amarchand Mangaldas takes forward the values going back 103 years, of the erstwhile Amarchand & Mangaldas & Suresh A. Shroff & Co., whose pre-eminence, experience and reputation of almost a century has been unparalleled in the Indian legal fraternity. Tracing its professional lineage to 1917, the Firm of Cyril Amarchand Mangaldas is now the largest full-service law firm in India, with over 750 lawyers including over 130 partners, and offices in India’s key business centres at Mumbai, New Delhi, Bengaluru, Hyderabad, Chennai and Ahmedabad. The Firm advises a large, and varied client base that includes domestic and foreign commercial enterprises, financial institutions, private equity funds, venture capital funds, start-ups and governmental and regulatory bodies.

The firm, Cyril Amarchand Mangaldas, was recently awarded with “India – Firm of the Year” at the AsiaLaw Regional Awards 2019 and “India Deal Firm of the Year” at the In-House Community Counsels of the Year Awards 2019. The firm was also named as the “Most Innovative National Law Firm of the Year – India for 2018” at the IFLR Asia Awards, having also been successful in winning the prestigious & coveted “National Law Firm of the Year, 2018 for India” at the Chambers Asia-Pacific Awards. The firm was also voted as the “Employer of Choice for 2018” from India, by the Asian Legal Business, now 4 years in a row, building upon the several awards that the erstwhile Amarchand & Mangaldas & Suresh A. Shroff & Co. had won in the past.