Rajlaxmi Kale

Rajlaxmi Kale

Associate Partner

Ground Floor, 1 Modibaug, Ganesh Khind Road, Shivajinagar, Pune – 411016

Key Practice Areas

  • General Corporate

  • Corporate and Securities
  • Private Equity and Mergers & Acquisitions

Key Sectors & Industries

  • Manufacturing

  • E-commerce

  • Hospitality

  • FMCG

Education

  • BSL LLB, University of Pune

  • ACS from Institute of Company
    Secretaries of India

Professional Memberships

  • Associate Member of Institute of Company Secretaries of India

Languages

  • English
  • Hindi
  • Marathi

Experience

Rajlaxmi is a part of the firm’s general corporate and M&A practice group. She is also a qualified Company Secretary from Institute of Company Secretaries of India. She works for both Pune and Mumbai offices of the firm.

She has extensive experience in advising on domestic and cross-border merger and acquisition transactions acting for both buyers and sellers across a wide range of sectors, including manufacturing, e-commerce, software and technology, education, proptech, food and beverage, FMCG,

and consumer retail. Her experience covers business transfers as well as share acquisitions. She also has experience in advising promoters and Indian companies in raising capital through private equity, venture capital and venture debt funding, from seed rounds to Series A, B and C rounds of investment across sectors.

She actively advises clients on formulating and implementing structures for acquisitions with special focus on FDI and ODI transactions under FEMA, strategic joint ventures from both a legal and regulatory standpoint, and advisory on corporate laws viz. the Companies Act, foreign exchange laws, securities laws, and Reserve Bank of India regulations.

Recent Key Assignments

• Advised Viyash Scientific Limited and its step down subsidiary in Ireland in 100% acquisition of BioForLife Italia S.r.l. for value of INR 188 crores.

• Advised Hunger Inc. operating in the hospitality industry and operates cafes, restaurants, and retail stores under various brand names, including inter alia Bombay Sweet Shop, Veronica’s, Papa’s, and the Bombay Canteen in fundraising and secondary exits with Lighthouse capital and DSG Ventures for approx. INR 240 crores.

• Advised Infifresh Foods Limited engaged in B2B wholesale trading of sea food products in fundraising from series seed round to Series C.

• Advised Infifresh Foods Limited in acquisition of overseas subsidiaries Koral S.A (Poland) through its Norway subsidiary by structuring FDI -ODI double share swap for the sellers to receive shares in Infifresh Foods India as consideration, call and put agreements and overall project management across Norway, Poland and India jurisdiction.

• Advised and assisted Nspira/Narayana group of entities in exit by PE investors (in secondary leg) Morgan Stanley and Banyan Tree Capital exit Nspira Management Services. The transaction is widely reported to be the transaction of the year.

• Advised promoters of Witty Group of institutions in relation to sale of entities to Singapore-based Global Schools Foundation (GSF).