Firm Matters

Khaitan & Co acted as legal advisors to Peak XV Partners in relation to redomiciling of Razorpay Inc. from US (i.e. Delaware incorporated entity) to India by way of (i) merger of Razorpay Inc., into and with Razorpay Software Pvt Ltd under the fast-track merger route, and a parallel (ii) demerger of the regulated businesses of Razorpay Software Pvt Ltd into Razorpay Payments Pvt Ltd under the fast-track demerger route.

The role of Firm included:
 I.    Advised on the regulatory aspects in relation to redomiciling to India via fast-track merger route;
II.   Review, negotiation and finalization of the fast-track schemes of merger and demerger; 
III. Review, negotiation and finalisation of the transaction documents (including but not limited to the shareholders’ agreement for the India entity) in relation to redomiciling; and 
IV.  Assisted with execution and closing of the transaction.