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Jul 14, 2025

Jumbotail Technologies Private Limited in their acquisition of 100% of Standard Chartered Research and Technology India Private Limited through share swap.

AZB & Partners acted for Jumbotail Technologies Private Limited in their acquisition of 100% of Standard Chartered Research and Technology India Private Limited through share swap, and in their USD 120 million Series D equity investment led by SC Ventures, the innovation and investment arm of Standard Chartered Plc, with participation from Artal Asia Pte Ltd, and other investors.

Our deal team comprised our Senior Partner Anand Shah, Partners Harshil Dalal and Kinshuk Jhunjhunwala, Senior Associate Anmol Jain, Associates Shreeja Mukherjee and Mayukh Mandal. The due diligence was handled by our Partners Nandan Pendsey, Esq. and Ajay Singh Solanki, Senior Associates Rashmee Kumar, Komal Shah, Sayantani Saha, Associates Isana Laisram, Labdhi Golechha and Akshat Bhushan; and competition law aspects were handled by our Partner Kirthi Srinivas, Senior Associate Chandni Anand and Associate Ojasvi Mishra.

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These are the views and opinions of the author(s) and do not necessarily reflect the views of the Firm. This article is intended for general information only and does not constitute legal or other advice and you acknowledge that there is no relationship (implied, legal or fiduciary) between you and the author/AZB. AZB does not claim that the article's content or information is accurate, correct or complete, and disclaims all liability for any loss or damage caused through error or omission.

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