Anupam Mittal Vs WestBridge in Shaadi.com Legal Battle

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Investment and Agreements

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Dispute Begins

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Legal Escalation

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Jurisdictional Challenges

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Implications for Startups

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Inside The Messy Split Between Anupam Mittal’s Shaadi.com And WestBridge

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Anupam Mittal Vs WestBridge in Shaadi.com Legal Battle

Investment and Agreements

In 2006, WestBridge Ventures invested INR 166 Cr in Shaadi.com’s parent company. Various agreements, including exit clauses, were established between the parties.

Dispute Begins

Since 2017, disagreements arose as Mittal failed to facilitate WestBridge's exit, leading to a legal standoff over the buyback and potential sale of shares.

Legal Escalation

WestBridge issued a drag-along notice in 2021, pushing Shaadi.com towards a potential takeover by a competitor. Mittal resisted, escalating the matter to court.

Jurisdictional Challenges

The battle spans courts in India and Singapore, with conflicting views on arbitration and jurisdiction, complicating the resolution.

Implications for Startups

The outcome of this case could set a precedent, impacting how startup disputes, especially around exits, are handled in the future.

Inside The Messy Split Between Anupam Mittal’s Shaadi.com And WestBridge