[SCHEDULE 13D/A] TaskUs, Inc. SEC Filing

Rhea-AI Filing Summary

Think Investments LP and affiliated Think India Opportunities Master Fund LP disclosed combined significant holdings in TaskUs, Inc. Common Stock on a Schedule 13D/A. Think Investments LP reports beneficial ownership of 3,734,665 shares (19.8%), while Think India Opportunities Master Fund LP reports 3,157,150 shares (16.8%), based on 18,837,801 Class A shares outstanding as of May 2, 2025. The purchasers used cash and state their intent is investment while reserving the right to engage with management or other parties regarding the recently announced take-private transaction. No present specific plans or proposals are disclosed.

Positive

• Significant disclosed ownership: Think Investments LP reports 3,734,665 shares (19.8%), indicating substantial investor interest.
• Transparency on source of funds: Purchases were made with cash and transactions are detailed in Exhibit I.
• Clear filing and authority: Think Investments LP states it has authority to vote and dispose of the securities on behalf of pooled vehicles.

Negative

• No present proposals: The reporting persons state they have no present plans or proposals, so immediate strategic impact is uncertain.
• Potential for future activism: The filing reserves the right to engage regarding the take-private transaction, which could create uncertainty for other shareholders.
• Concentration risk: Large minority positions (16.8% and 19.8%) could influence outcomes around a take-private transaction or corporate votes.

Insights

Securities Analyst

TL;DR: Reporting persons now hold sizable minority positions in TASK and may engage on the announced take-private transaction.

The filing documents that Think Investments LP and its affiliated master fund jointly control material minority stakes in TaskUs, totaling 3.73 million and 3.16 million shares respectively. The percentage holdings are calculated from the issuer's disclosed Class A share count as of May 2, 2025. The stated purpose is investment, but the filers explicitly reserve the right to communicate with management or acquirers about the announced take-private transaction and to change their holdings. No contractual arrangements or present proposals are disclosed, limiting immediate governance implications but indicating potential engagement.

Corporate Governance Expert

TL;DR: Substantial passive positions reported, with a clear option to pursue engagement around a take-private deal.

The Schedule 13D/A shows investment-adviser-led holdings with shared voting and dispositive power, suggesting the adviser directs voting and disposition for the pooled vehicles. The filing notes use of cash for purchases and references exhibits documenting recent purchases and a joint filing agreement. While no present plans are in place, the explicit statement about exploring opportunities with management or acquirers signals potential future activist or collaborative engagement, though no agreements or proposals are attached.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 1)

TaskUs, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

87652V109

(CUSIP Number)

Marcus A. Werner
c/o Think Investments LP, One Letterman Dr, Bldg C, Suite CM-420
San Francisco, CA, 94129
415-675-3271

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

05/09/2025

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

SCHEDULE 13D

CUSIP No. 87652V109

1

Name of reporting person

Think Investments LP

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 3,734,665.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 3,734,665.00

11

Aggregate amount beneficially owned by each reporting person

3,734,665.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

19.8 %

14

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13D

CUSIP No. 87652V109

1

Name of reporting person

Think India Opportunities Master Fund LP

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

CAYMAN ISLANDS

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 3,157,150.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 3,157,150.00

11

Aggregate amount beneficially owned by each reporting person

3,157,150.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

16.8 %

14

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Common Stock
(b)	Name of Issuer: TaskUs, Inc.
(c)	Address of Issuer's Principal Executive Offices: 1650 INDEPENDENCE DRIVE, 1650 INDEPENDENCE DRIVE, NEW BRAUNFELS, TEXAS , 78132.
Item 2.	Identity and Background
(a)	Think Investments LP Think India Opportunities Master Fund LP
(b)	One Letterman Drive Building C, Suite CM-420 San Francisco, CA 94129
(c)	The principal occupation of Think Investments LP is being the Investment Advisor to the funds. The principal occupation of Think India Opportunities Master Fund LP is being the Master Fund to feeder funds.
(d)	The Reporting Persons have not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) during the last five years.
(e)	During the last five years, the Reporting Person has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
(f)	Think Investments LP - Delaware Think India Opportunities Master Fund LP - Cayman Islands
Item 3.	Source and Amount of Funds or Other Consideration
	The Reporting Persons used cash to make the purchases of Common Stock listed on Exhibit I hereto.
Item 4.	Purpose of Transaction
	The Reporting Persons have acquired shares in the issuer for investment purposes and would like to express an intent to explore further opportunities in its business to maximize value. This may include discussions with management, the acquirers or other relevant parties with respect to the terms of the recently announced take-private transaction. The Reporting persons may, from time to time, review or reconsider their position and may formulate plans or proposals with respect to the issuer or its securities, but has no present plans or proposals in place. The Reporting Persons may from time to time and at any time, in their sole discretion, acquire or cause to be acquired, additional equity or debt securities or other instruments of the issuer, its subsidiaries or affiliates, or dispose or cause to be disposed, such equity or debt securities or instruments, in any amount that the Reporting Persons may determine in their sole discretion, through open market transactions, privately negotiated transactions or otherwise.
Item 5.	Interest in Securities of the Issuer
(a)	The calculation of percentage of beneficial ownership was derived from the Issuer's Quarterly Statement on Schedule 10-Q filed with the Securities and Exchange Commission on May 12, 2025, in which the Issuer stated that the number of Class A common stock outstanding as of May 2, 2025 was 18,837,801 shares.
(b)	Think Investments LP - 3,734,665.00 Think India Opportunities Master Fund LP - 3,157,150.00
(c)	Exhibit I sets forth the transactions in the Common Stock effected by the Reporting Persons during the past 63 days.
(d)	Think Investments LP is filing this Schedule 13D because, as the investment adviser of one or more investment partnerships or pooled investment vehicles that beneficially hold the Securities, Think Investments LP has been granted the authority to dispose of and vote such Securities. The investment partnerships have the right to receive (or the power to direct the receipt of) dividends received in connection with ownership of the Securities, and the proceeds from the sale of the Securities.
(e)	Not applicable
Item 6.	Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer
	Not applicable
Item 7.	Material to be Filed as Exhibits.
	Exhibit I - TASK purchases - 13D Exhibit II - Joint Filing Agreement - TASK - 13D Exhibit III - TaskUs Evaluation

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Think Investments LP

Signature:	Marcus A. Werner
Name/Title:	Chief Compliance Officer of ThinkInvestments LP
Date:	08/26/2025

Think India Opportunities Master Fund LP

Signature:	Marcus A. Werner
Name/Title:	Chief Compliance Officer of theInvestment Advisor of Think India Opportunities Master Fund LP
Date:	08/26/2025

FAQ

What percentage of TASK does Think Investments LP own?

Think Investments LP reports beneficial ownership of 3,734,665 shares, representing 19.8% of Class A common stock based on TaskUs' May 2, 2025 share count.

How many TASK shares does Think India Opportunities Master Fund LP hold?

Think India Opportunities Master Fund LP reports 3,157,150 shares, or 16.8% of Class A common stock.

What was the source of funds for the TASK purchases?

The reporting persons state that they used cash to make the purchases described in Exhibit I.

Do the filers have any current plans to change TaskUs' management or propose transactions?

The filing states the reporting persons have no present plans or proposals, but they may in the future explore opportunities and engage with management or acquirers.

Why was this Schedule 13D/A filed for TASK?

The filing reports acquisition of securities and discloses material ownership, voting and dispositive authority by the reporting persons and their intent to potentially engage regarding the announced take-private transaction.