Thomson Reuters (NSDQ: TRIN), the leading financial news and business information company, has acquired private equity backed Indlaw Communications Pvt. Ltd., a Delhi-based legal information company, for an undisclosed amount. Indlaw runs a legal, tax and regulatory information database website called Indlaw.com. It will now be a subsidiary of Thomson Reuters.
Indlaw, founded by lawyer Joseph Pookkatt in 2002, had received early stage investment from private equity firm 2i Capital, which has $200 million under management. The company provides access to information on various primary and secondary legal documents such as judgments, parliamentary and state enactments, notifications, circulars and rules, constitutional texts, parliamentary debates, to customers like law firms, solicitors, advocates, businesses and students.
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