Firm Matters
BackKhaitan & Co advised Kedaara Capital (“Kedaara”) in relation to its investment into Axtria, Inc. and its subsidiaries (“Axtria”), a leading Agentic AI-first data analytics and cloud software company serving the global life sciences industry, across the commercial and clinical spectrum. Structured as a combination of secondary investment and company-sponsored buyback, the transaction delivers total liquidity of USD 240 million.
Khaitan & Co and Akin acted as the legal counsel to Kedaara and advised them on all aspects pertaining to the transaction, including legal diligence of Axtria, drafting, negotiating, finalising and executing of the definitive agreements relating to the investment, from an Indian law and a US law perspective respectively.
Deal Team
The core team comprised of Shreya Mukherjee (Partner), Soumil Garg (Partner) and Param Gupta (Senior Associate).
The deal was assisted by:
Corporate and Commercial: Prakruti Shah (Associate), Vivek Badkur (Associate) and Stuti Sehgal (Associate)
Employment, Labour & Benefits aspects: Deepak Kumar (Partner) and Varsha Sankara Raman (Associate)
Intellectual Property aspects: Sourav Dan (Counsel)
