LegaLogic Consulting advised Jombay in its acquisition by CIEL HR Services
We are pleased to announce that LegaLogic Consulting advised Next Leap Career Solutions Private Limited (“Jombay”) (https://jombay.com/) in its acquisition by CIEL HR Services Private Limited (https://www.cielhr.com/).
Jombay is a company engaged in the business of development of platforms and technology for talent assessment and talent development. Jombay’s technology solutions are used by more than 500 organisations worldwide and every year more than 200,000 managers and leaders go through Jombay’s Assessments & Development programs.
Read more at:
- https://www.thehindubusinessline.com/news/ciel-group-invests-in-a-tech-platform-for-an-undisclosed-sum/article66209534.ece
- https://timesofindia.indiatimes.com/business/india-business/ciel-hr-services-plans-pre-ipo-funding-targets-dec-2023-ipo/articleshow/97284758.cms?from=mdr
LegaLogic (www.LegaLogic.co.in) was the sole legal counsel for Jombay and advised on deal structuring, review, negotiation and finalization of deal documentation and assistance in closing.
Commenting on LegaLogic’s role, Mr. Mohit Gundecha, CEO and Co-Founder of Jombay said “LegaLogic have been strategic advisors to the company and us as founders. Not only did they protect our legal interests but also looked out for our long-term financial interests. Their team is creative, solution-oriented, and high on ownership.”
Siddhesh Iyer, Riya Jain, Taneesha Paranjape and Prashant Krishnani worked on this deal with Vikas Agarwal.