Advised Mirae Asset-Naver Asia Growth Investment Pte Ltd (“Mirae”) and Mirae Asset Capital Markets (India) Private Limited (“Mirae India”) in respect of its investment of approximately US$ 30 million and US$ 5 million respectively into ANI Technologies Private Limited (“OLA”), one of the world’s largest ride-sharing companies.
OLA integrates city transportation for customers and driver-partners onto a mobile technology platform ensuring convenient, transparent, and quick service fulfilment. OLA is focused on leveraging the best of technology and building innovative solutions ground-up, that are relevant at global scale.
The investment by Mirae and Mirae India forms part of OLA’S ongoing large Series J round of fundraising which has recently seen participation from Hyundai Motors and Kia Motors.
JSA Lawyers Involved: Partner – Manav Raheja and Associate – Gaurav Matta.
The competition law aspects were advised by Partners – Amitabh Kumar and Vaibhav Choukse, Principal Associate – Unnati Agrawal and Associate – Akansha Mehta.
Vaibhav is a Partner with 16+ years of experience in Competition Law, specializing in complex litigation and merger control. He advises clients on cartel investigations, abuse of dominance, and represents them before the CCI and appellate courts. He is consistently recognized by leading legal publications for his expertise.