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HomeNewsDeal Street
15 Jun 2022 12:00 PM GMT

Veritas Legal, Khaitan & Co act on Masaba Lifestyle deal with Aditya Birla Fashion

By Legal Era | Law Firm Khaitan & Co
Masaba-Lifestyle-&-Veritas-Legal


Veritas Legal, Khaitan & Co act on Masaba Lifestyle deal with Aditya Birla Fashion

The transaction amounted to USD11 million

Aditya Birla Fashion House has acquired a 51 percent stake in the House of Masaba Lifestyle.

While Aditya Fashion is one of the Indian fashion industry's largest with leading brands and retail formats in its portfolio, the label Masaba was founded by leading fashion designer Masaba Gupta in 2009.

The partnership is aimed at creating a young, aspirational, and digital-led portfolio across the affordable luxury segment in the fashion, beauty and accessory categories.

Veritas Legal advised House of Masaba. The team comprised Partner Kunal Doshi, Senior Associate Karun Jhangiani, and Associate Freya Irani.

Khaitan & Co. advised Aditya Birla.


Click to know more about Khaitan & Co

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TAGS:
  • #Veritas Legal
  • #Khaitan & Co
  • #Aditya Birla Fashion House
  • #House of Masaba Lifestyle
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