Mumbai (Maharashtra)/New Delhi [India], July 16 (ANI/NewsVoir): 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.
This story is provided by NewsVoir. ANI will not be responsible in any way for the content of this article. (ANI/NewsVoir)
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.