AZB & Partners acted for Warburg Pincus on its recent acquisition of stake in Appasamy Associates in what is its largest healthcare bet in India. Appasamy is the largest manufacturer of ophthalmic equipment and intraocular lenses in India.
Our deal team comprised of our Senior Partner Vaidhyanadhan Iyer, Partner Sneha Nagvekar, Associates Raina Kanungo, Shivani Shenoy, Shivam Gupta, Pavit Kaur and Tarini Mehtani. Our due diligence team comprised of our Senior Associates Sudeshna Panigrahi, Namrata Vora, Ankit Dutta, Associates Rimjhim Mishra and Pratyush Chaturvedi. They were supported by our Partners Nishanth Ravindran and Ajay Singh Solanki on the employment law aspects, and by our Senior Associate Veeral Vakharia on the real estate aspects.
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