Press release
Link Legal advised RIB Group in an inter-se transfer of shares of Winjit Technologies Private Limited
In March 2021, 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. RIB International’s stake in Winjit has increased to 51% and is expected to improve its research and development capacity in IoT, AI, blockchain and fintech for the architecture engineering and construction industry.
Link Legal, led by its corporate partner Ketan Mukhija, associate partner Gaurav Priyadarshi and associate Karishma Singh, advised and assisted RIB International from the preliminary stage and until the closing of the transfer.
Link Legal
Aiwan-e-Ghalib Complex,
Mata Sundri Lane,
New Delhi 110 002, India.
For Further Info Please Contact:
Farah Deeba/Shiva Uppal
farah.deeba@linklegal.in
+91 8860838211
Link Legal is a full-service law firm with PAN India presence and offices in Delhi, Mumbai, Bengaluru, Gurugram, Hyderabad and Chennai and has a team of 200 plus lawyers. The Firm was established in 1999.
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