LegaLogic advised CariQ Technologies on sale 74% stake in the company to Varroc Engineering Limited

LegaLogic advised CariQ Technologies (https://mycariq.com/) on sale 74% stake in the company to Varroc Engineering Limited (http://www.varrocgroup.com/).

Varroc Engineering is a global Tier 1 auto component manufacturer. Pune-based CarIQ Technologies is a leading integrated connected vehicle solution provider to OEMs, fleet owners and insurance companies.

https://economictimes.indiatimes .com/markets/stocks/news/varroc-to-acquire-74-stake-in-cariq-technologies/articleshow/70663807.cms

LegaLogic was the sole legal counsel to CariQ Technologies and advised on structuring on the deal, negotiating and finalising the deal documentation and closure of the transaction.