Link Legal advised RIB Group on the deal, while Universal Legal advised Winjit Technologies Pvt. Ltd.
MTWO Limited (MTWO) transferred shares of Winjit Technologies Private Limited (Winjit) on an arms-length basis to RIB International Holding PTE Limited (RIB International) for a value of INR 18.23 crore.
RIB International and MTWO are global leaders in digital transformation for building and construction industries. Winjit is a leading internet of things (IoT), artificial intelligence (AI), machine learning (ML), blockchain and fintech solutions provider, with a presence in all major locations in the world.
The Link Legal team was led by partner Ketan Mukhija (Picture), associate partner Gaurav Priyadarshi and associate Karishma Singh.
The Universal Legal team was led by Partner Rashi Kapoor Mehta and Associate Henna R. Kapadia, acted for Winjit Technologies and its co-founders Ashwin Kandoi and Abhijit Junagade.