GameChanger advises M&S Partners on its stake sale in Car & Bike
- Social Media
- Jan 18, 2020
- 1 min read
Updated: Jul 1
About Fifth Gear Ventures Ltd: Fifth Gear Ventures Ltd (FGVL) operates an e-commerce market platform via www.carandbike.com for new and used cars and bikes. It also provides automobile comparison services to their users along with updating and educating them about the latest information and reviews from the industry.
About M&S Partners: M&S Partners is a venture capital firm that is based in Singapore. The firm seeks to invest in technology and mobile internet companies.
In January 2020, Mahindra & Mahindra (M&M) acquired 100% of the equity of Fifth Gear Ventures Ltd (FGVL), for a consideration of approximately INR 30.45 crores. M&S Partners was one of the exiting shareholders of FGVL.
GameChanger served as a legal counsel to M&S Partners on this transaction.
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