{"id":56522,"date":"2026-05-21T11:37:46","date_gmt":"2026-05-21T11:37:46","guid":{"rendered":"https:\/\/my.legal500.com\/developments\/?post_type=press_releases&#038;p=56522"},"modified":"2026-05-21T11:37:46","modified_gmt":"2026-05-21T11:37:46","slug":"dmd-advocates-advises-frankly-wearing-on-100-stake-acquisition-by-articore","status":"publish","type":"press_releases","link":"https:\/\/my.legal500.com\/developments\/press-releases\/dmd-advocates-advises-frankly-wearing-on-100-stake-acquisition-by-articore\/","title":{"rendered":"DMD Advocates Advises Frankly Wearing on 100% Stake Acquisition by Articore"},"content":{"rendered":"<p dir=\"auto\"><strong><i>DMD Advocates advised the founders, Naman Wadhwa and Angad Singh Puri, and the minority shareholders of Frankly Retail Private Limited (FRPL), on the sale of 100% of FRPL share capital to Articore Group Limited (Articore), a company listed on the Australian Securities Exchange. <\/i><\/strong><\/p>\n<p dir=\"auto\"><!--more--><\/p>\n<p dir=\"auto\"><i>The definitive documents have been executed, and closing is expected to be completed shortly.<\/i><\/p>\n<p dir=\"auto\"><i>FRPL\u2019s e-commerce marketplaces enable creators to design and sell custom merchandise. This acquisition marks a strategic step in Articore\u2019s expansion into India. FRPL\u2019s local expertise, coupled with Articore\u2019s global marketplace scale and fulfilment capabilities, is expected to strengthen the Articore group\u2019s ability to capture a meaningful share of the fastest-growing consumer market in India.<\/i><\/p>\n<p dir=\"auto\"><i>DMD Advocates assisted with the drafting, negotiation, and finalization of all deal documents.<\/i><\/p>\n<p dir=\"auto\"><i>The transaction team comprised Abin Francis (Counsel), Arnav Mithal (Associate), and Tarush Bhandari (Associate), with strategic inputs from Rashi Dhir (Senior Partner &amp; Head of Corporate).<\/i><\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-56522","press_releases","type-press_releases","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases\/56522","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases"}],"about":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/types\/press_releases"}],"wp:attachment":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/media?parent=56522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}