LegaLogic advised BabyChakra in share sale transaction with D2C consumer beauty brand MyGlamm
LegaLogic Consulting advised BabyChakra (www.babychakra.com/) in share sale transaction with MyGlamm (www.myglamm.com).
Baby Chakra is a one stop solution for all parenting needs and makes parenting an easy task. MyGlamm is India’s fastest growing direct-to-consumer beauty brand. MyGlamm embraces the philosophy of building a community with its users, engaging with them, and eventually co-creating products with them.
With this acquisition, MyGlamm intends to expand its operations in South Asia. MyGlamm and Baby Chakra will be investing Rs 100 crore in building a mother-and-baby content-to-commerce platform over the next three years
https://economictimes.indiatimes.com/tech/startups/myglamm-acquires-parenting-platform-babychakra-to-expand-in-south-asia/articleshow/85396445.cms
LegaLogic (www.LegaLogic.co.in) was the sole legal counsel for BabyChakra and advised on deal structuring, due diligence assistance, drafting, negotiation and finalization of deal documentation.
Team : Partner – Vikas Agarwal and Vivek Sadhale. Legal Advisors – Prakhar Sharma, Chinmay Bilgi and Shikha Tripathi