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Firm Matters

Deserve Labs Private Limited - Transfer of India business as part of the global transaction

  • 05-Jun-2025

Khaitan & Co advised Deserve India on its India-level restructuring and the transfer of assets, from Deserve India to Intuit India. This transaction was part of a larger global acquisition where Intuit Inc., an American multinational fintech company, acquired key technology from Deserve, Inc., a mobile-first credit card platform.

Deal Team

Deserve Labs Private Limited

The core team consisted of Siddharth Shah (Senior Partner), Deepak Kumar (Partner), Pavi Jain (Partner), Anadi Saxena (Senior Associate) and Siddharth Sisodia (Associate).

The deal was assisted by:

Direct tax: Sneh Shah (Partner)

Indirect tax: Mayank Jain (Partner) and Pranay Sahay (Principal Associate)

Intellectual property: Nirupam Lodha (Partner) and Shivangi Narang (Principal Associate)