"Baird Capital Invests $53 Million in EvoluteIQ to Enhance AI Automation Solutions"

"EvoluteIQ, a native AI platform designed for automating processes across various industries, has received a $53 million investment from Baird Capital. Khaitan & Co provided legal advice on the investment, which will help EvoluteIQ accelerate its global expansion and strengthen its position in the AI-led automation market."

Khaitan & Co has advised Baird Capital on Indian law aspects regarding its $53 million investment in EvoluteIQ. The transaction aims to position EvoluteIQ, a native AI platform designed to automate end-to-end processes across various industries, for accelerated global expansion and to strengthen its leadership in the enterprise-grade, agentic AI-led automation sector. The core team from Khaitan & Co involved in this transaction included Rabindra Jhunjhunwala (Partner), Kevin Shah (Counsel), and Arun Kumar (Senior Associate). They received assistance from Moin Ladha (Partner) and Charu Singh (Principal Associate) for regulatory aspects, and Deepak Kumar (Partner) for employment-related matters.

"Baird Capital Invests $53 Million in EvoluteIQ to Enhance AI Automation Solutions"

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