IFLR1000

ANI Technologies $200 million acquisition of Serendipity Infolabs

1/1/2015
Public acquisition
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$ 200 million

Completed

1/1/2015

Overview:

  • ANI Technologies has acquired Serendipity Infolabs for $200 million.
  • Serendipity runs the cab aggregator TaxiForSure, while ANI is the owner of Ola Cabs.
  • IndusLaw (Gaurav Dani) advised ANI.
  • Legacy Amarchand Mangaldas (Reeba Chacko) acted for Serendipity.
  • BMR Legal acted for TaxiForSure founders Aprameya Radhakrishna and Raghunandan G.

Jurisdiction:

India

Deal type:

Public acquisition

Practice area:

M&A

Industry sectors:

Consumer goods and services
Transport

Firms:
Cyril Amarchand Mangaldas

Party: Serendipity Infolabs (Target)

IndusLaw

Party: ANI Technologies (Acquirer)

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