Firm Matters
BackKhaitan & Co advised Balaji Wafers Pvt Ltd and its promoters on the proposed strategic investment by General Atlantic in Balaji Wafers.
This transaction represents a strategic minority investment by General Atlantic in one of India’s leading home-grown packaged snacks platforms.
Balaji Wafers is one of India’s largest packaged snack brands, offering a diverse portfolio across namkeen, Western snacks, potato wafers, etc., with strong consumer acceptance across various segments. Over the years, it has successfully scaled its operations from its home base in Gujarat to become a leading player across multiple states in India. In addition to its strong domestic footprint, Balaji Wafers exports its products to approximately 25 countries globally.
Deal Team
The core transaction team consisted of Ashraya Rao (Partner), Saswat Subasit (Partner), Kaushik Babu (Principal Associate) and Akhil Wilson Thomas (Associate).
The deal was assisted by:
Intellectual Property: Adheesh Nargolkar (Partner), Sunaina Brahma (Principal Associate) and Abhishek Mishra (Associate).
Competition / Antitrust: Anshuman Sakle (Partner), Rishabh Vohra (Senior Associate), and Sana Vaidya (Associate).
Corporate & Commercial: Bhavya Bhankharia (Principal Associate), Saranya Mishra (Senior Associate) and Palak Sheth (Associate), Alankrita Singh (Associate), Palak Sheth (Associate), Yash Dawda (Associate) and Tirthesh Jain (Associate).
Employment, Labour & Benefits: Anshul Prakash (Partner), Kruthi Murthy (Principal Associate) and Ananya Gandhi (Associate).
Real Estate: Avnish Sharma (Partner), Sudheer Madamaiah (Partner), Mudit Shah (Counsel), Amruta Joshi (Counsel), Ekta Sawant (Principal Associate) , Siddharth Godha (Principal Associate), Rupali Singh (Principal Associate), Riya Manuja (Senior Associate), Nidhi Marakana (Associate), Snehil Singhvi (Associate), Vidhi Patel (Associate), Shambhavi Kashyap (Associate), Esha Shah (Associate), Daksh Gupta (Paralegal) and Dharam Prakash Bhardwaj (Paralegal).
