Khaitan advised Logix (Logix Microsystems Limited and Logix Americas Inc.) in relation to the sale of a majority stake in Carazoo (Carazoo Online Solutions Private Limited) to Source. Source is a leading, integrated media, publishing, merchandising and logistics company, whose principal businesses are producing content and effectively distributing magazine content of all kinds to retail locations in the United States and abroad. The team lead by Rajiv Khaitan advised Logix on the legal and corporate issues relating to the deal, also reviewed and negotiated the transaction documents.