AZB & Partners Advised KKR On US$ 310 Million Investment In PMI Electro Mobility And Allfleet

AZB & Partners advised KKR on US$ 310 Million Investment in PMI Electro Mobility and Allfleet

The leading law firm in India, AZB & Partners advised KKR on its proposed investment of US$ 310 million in PMI Electro Mobility (PMI), a manufacturer of electric buses, and Allfleet, a subsidiary of PMI that owns and operates e-bus concessions. This investment marks the first investment in India by KKR’s Global Climate Transition Fund. The completion of the transaction is subject to customary regulatory approvals.

The AZB & Partners team was led by Ashwath Rau (Senior Partner) and Atreya Bhattacharya (Senior Partner), with support from Vyjayanthi Raghu (Senior Associate), Heena Ladji (Senior Associate), Raina Upadhyay (Senior Associate), Shubhalakshmi Bhattacharya (Associate), Aditya Bamb (Associate), Vaishnavi Patel (Associate), Tansa Shah (Associate) and Harsh Gupta (Associate).

The projects team was led by Anuja Tiwari (Senior Partner) and Mallika Anand (Partner), with support from Rhea Ghanshani (Senior Associate), Aman Raj (Senior Associate), Antra Shourya (Associate), Noor Dewan (Associate), Jiyaa Saluja (Associate) and Rudra Parmar (Associate).

The antitrust team was led by Bharat V Budholia (Senior Partner) and Kirthi Srinivas (Partner), with support from Varun Thakur (Senior Associate), Ashna Mahajan (Associate), Shivangi Pradhan (Associate) and Arth Doshi (Associate).

The employment law team was led by Nishanth Ravindran (Partner), with support from Ankit Dutta (Senior Associate) and Apurva Vats (Associate).

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