JSA advised Tata Technologies Limited, in its joint venture with BMW Holding B.V., Netherlands, to provide automotive software, including software defined vehicle solutions for BMW Group’s premium vehicles.
The transaction closed on October 8, 2024, following the receipt of approvals from anti-trust regulators in Germany, Poland and China as well as on fulfilment of certain operational conditions precedents.
The joint venture entity, BMW Techworks India Private Limited, marks the first venture between the two conglomerates, which will complement BMW Group’s global strategy by engineering seamless and scalable software solutions for next-gen vehicles and delivering enhanced digital experiences.
JSA’s Transaction Team Comprised Lead Partner Iqbal Khan, Partner Devika Menon, Senior Associate Megha Diddi, and Associate Subham Biswal.
The Firm’s Competition Team Partners included, Vaibhav Choukse, Ela Bali and Principal Associate – Nripi Jolly, while Partners Gerald Manoharan and Sonakshi Das assisted on Employment law aspects.
Inputs from JSA’s release
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