LegaLogic advised CariQ Technologies on sale 74% stake in the company to Varroc Engineering Limited
LegaLogic advised CariQ Technologies (https://mycariq.com/) on sale 74% stake in the company to Varroc Engineering Limited (http://www.varrocgroup.com/).
Varroc Engineering is a global Tier 1 auto component manufacturer. Pune-based CarIQ Technologies is a leading integrated connected vehicle solution provider to OEMs, fleet owners and insurance companies.
LegaLogic was the sole legal counsel to CariQ Technologies and advised on structuring on the deal, negotiating and finalising the deal documentation and closure of the transaction.
13 September 2019