Indus, Shah & Singhvi on $11.5m Zee buy in Margo

“Media baron Subash Chandra-led Zee Entertainment Enterprises Ltd has decided to acquire an 80% stake in tech startup Margo Networks Pvt. Ltd for Rs 75 crore ($11.5 million),” reported VC Circle.

IndusLaw partner Anupam Prasad and associates Priyank Nanavaty and Anindita Ganguly acted for Zee.

Shah & Singhvi Advocates & Solicitors partner Paresh J Shah and associatePooja Bhatia acted for Margo Networks.

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