NO
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HEADINGS
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DETAILS
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1. |
Sector
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Recruitment Services
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2. |
Name of Client
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upGrad Education Private Limited
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3. |
Acquirer Details
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upGrad Education Private Limited | India
upGrad is in the business of facilitating higher education and industry relevant programs through a technology platform, and spans across segments like test prep to study abroad, and undergrad degrees to campus courses in 250 universities.
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4. |
Target Details
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Wolves Recruitment and Staffing Private Limited | India
Wolves India is in the business of providing end-to-end recruitment services to organizations.
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5. |
Deal Description
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Advised upGrad Education Private Limited in relation to acquisition of 100% share capital of Wolves Recruitment and Staffing Private Limited.
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6. |
Total Consideration
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USD 776.70 Thousands
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7. |
Team Members
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The core team consisted of Monika Srivastava (Partner), Sanchit Agarwal (Partner), Aadhya (Senior Associate), Shubhang Upadhyay (Associate)
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8. |
Role of Firm
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Khaitan & Co represented upGrad in its acquisition of 100% of Wolves Recruitment and Staffing Private Limited, and advised on drafting, negotiating and finalizing the share purchase agreement, founder’s employment agreement and other deal documents.
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9. |
Press Coverage
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https://economictimes.indiatimes.com/tech/startups/upgrad-acquires-recruitment-staffing-firm-wolves-india/articleshow/92868231.cms
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