JSA advised Rakesh Jhunjhunwala, Rare Enterprises and other investors in their investment in Syska LED Lights Private Limited and Syska Group Companies.
Rakesh Jhunjhunwala’s asset management firm Rare Enterprises and other investors completed a hybrid investment in India’s fast moving electrical goods (FMEG) industry. Leading lighting manufacturer Syska LED Lights Private Limited and Syska group companies entities is promoted by the Uttamchandani family. Syska Group has diversified into segments such as LED, personal care appliances, mobile accessories, home appliances.
The transaction was led by Corporate Partner – Aarthi Sivanandh and Bhargavi Ravi (Senior Associate). The finance team was led by Partner Anjana Potti.
The Corporate and Finance teams were assisted by attorneys Rajeev Reddy (Partner), Abhishek Ray (Principal Associate), Garima Sharma (Senior Associate), Sindhu S. Rao (Senior Associate) and Maitreyi Kannur (Associate).
Abhishek is a Partner specializing in Banking & Finance and Fintech. He combines deep expertise in structured finance, project finance, and financial regulatory matters with a unique, business-focused perspective from his prior role as Head of Legal and Compliance at ePayLater, a fintech company. He also advises on fintech product structuring, regulatory compliance, and PE investments.