Cyril Amarchand Mangaldas has advised Indian food delivery app Zomato on its proposed 82.5-billion-rupee ($1.11 billion) IPO on the NSE and BSE, with the lead managers being counselled by Latham & Watkins and IndusLaw.
J Sagar Associates (JSA) has represented Info Edge as a selling shareholder in the IPO.
Market regulator Securities and Exchange Board of India is reviewing the draft red herring prospectus (DRHP) filed by Zomato last week. The company recently hired Damini Bhalla, a former partner at L&L Partners, as its general counsel. Following the IPO, Zomato will become the only online food delivery platform to list in India.
The JSA team was led by partner Rohitashwa Prasad.
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