Deal Corner
January 01, 2000
Clearstone Venture Mauritius acquisition of a stake in Games2win India Private Limited

DEAL BRIEF

Clearstone Venture Mauritius, along with SVB Financial Group (belonging to the Silicon Valley Bank group), acquired a stake in Games2win India Private Limited (www.games2win.com), a leading online gaming portal, and a spin-off from Contests2win.com India Private Limited, for approximately US $ 5 million. The deal, which closed in March 2007, confirms that the online gaming market in India is burgeoning. NASSCOM projects the gaming market in India to be worth at least US$424 million by 2010.

OUR ROLE

We, at Nishith Desai Associates, acted as counsels to Clearstone Venture Mauritius and SVB Financial Group in this acquisition. Our scope of services included due diligence, documentation and advising on various issues associated with the same.

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Deal Corner

January 01, 2000

Clearstone Venture Mauritius acquisition of a stake in Games2win India Private Limited

DEAL BRIEF

Clearstone Venture Mauritius, along with SVB Financial Group (belonging to the Silicon Valley Bank group), acquired a stake in Games2win India Private Limited (www.games2win.com), a leading online gaming portal, and a spin-off from Contests2win.com India Private Limited, for approximately US $ 5 million. The deal, which closed in March 2007, confirms that the online gaming market in India is burgeoning. NASSCOM projects the gaming market in India to be worth at least US$424 million by 2010.

OUR ROLE

We, at Nishith Desai Associates, acted as counsels to Clearstone Venture Mauritius and SVB Financial Group in this acquisition. Our scope of services included due diligence, documentation and advising on various issues associated with the same.

Disclaimer

We expressly clarify that this communication is not a solicitation or an invitation of any sort whatsoever from Nishith Desai Associates or any of its members to create an attorney-client relationship. This communication is not intended to be a source of advertising and the recipient should always seek the advice of competent counsel licensed to practice in the recipient's country/state.

This is not a Spam mail. You have received this mail because you have either requested for it or someone must have suggested your name. Since India has no anti-spamming law, we refer to the US directive, which states that a mail cannot be considered Spam if it contains the sender's contact information, which this mail does. In case this mail doesn't concern you, please unsubscribe from mailing list.

NDA Connect

Connect with us at events, 
conferences and seminars.