Corporate

Squires India co-head Biswajit Chatterjee joins HogLove to grow Desi-Singapore practice

Hogan Lovells has poached Squire Patton Boggs India group co-chair and capital markets partner Biswajit Chatterjee into its corporate and finance practice in Singapore, according to the firm’s press release.

Rajaram scores first recorded Softbank mandate with $1.25bn Swiggy shopping spree with SAM, Khaitan

It took SoftBank several years, but the Japanese investment giant is now ready to bet on India’s food delivery market. Swiggy said on Tuesday it has closed a $1.25 billion financing round led by SoftBank Vision Fund 2 and Prosus. — Techcrunch Masayoshi Son-led SoftBank Vision Fund II has invested $4...

Luthra co-founder Saraf & Partners opens doors today with warchest & corp hitters Jhawar, Kakkar + 18 (claimed & unnamed) others from L&L, 3 cities [UPDATE-2]

L&L Partners co-founder and former senior partner Mohit Saraf, who had won a Rs 77 crore-value settlement in a protracted arbitration and Delhi high court dispute and separation with fellow co-founder Rajiv Luthra, will announce the setting up of his own rival firm today, we understand according to multiple market sources.

JurisCorp banking equity partner duo Nand Gopal Anand, Pratish Kumar join JSA

JurisCorp equity partners in its banking practice, Delhi-based Nand Gopal Anand and Mumbai-baseed Pratish Kumar, have joined J Sagar Associates (JSA) as partners in its Gurugram and Mumbai offices repsectively, according to a firm release.

Trilegal counsel Ipsita Chowdhury joins JSA partnership

Ipsita Chowhury joins JSA as partner T rilegal counsel Ipsita Chowdhury has joined J Sagar Associates (JSA) in Gurgaon as a salaried partner. According to a JSA release, her mentoring partner at JSA is Rupinder Malik. The 2010 GLC Bombay graduate has worked at Trilegal since 2014, making counsel in ...

HSA hires ELP associate partner Ravi Jain into Mumbai projects & infra corporate

HSA Advocates has hired Ravi Jain from Economic Laws Practice (ELP) as a partner in its projects, energy & infrastructure practice.

CAM entices Bharti Airtel group GC Sameer Chugh to private practice as Delhi TMT partner

Cyril Amarchand Mangaldas has hired Sameer Chugh as Delhi-based corporate and technology, media & telecommunication (TMT) and regulatory partner.

Khaitan acqui-hires 2018 Chennai start-up Assentio with Kannan, Cherian, Gopalakrishnan

Khaitan & Co has bolted on the Chennai-based law firm Assentio Legal, which had been started by Thriyambak Kannan, Rohan Cherian and Renu Gopalakrishnan, who will join from 1 July with their team in Khaitan’s Chennai and Bengaluru offices.

Luthra homegrown IBC + fin partner Avinash Subramanian joins AZB Mumbai • 7th partner exit during spat

AZB & Partners has hired L&L Partners Mumbai-based partner Avinash Subramanian as a partner in its restructuring, IBC and structured finance practice in Mumbai.

JSA for Good Capital’s $1.3m infusion into fintech startup Wealthy.in with EMVC, others (Sep ‘19)

Fintech platform Wealthy.in said … that it had raised $1.3 million from Good Capital and fintech venture capital firm Emphasis Ventures (EMVC). Previous investors, Venture Highway, Tracxn Labs, V1 Capital and Globevestor also participated in the funding round. — The Economic Times J Sagar Associates...

Vertices forfashion-tech startup StyleDotMe’s $0.5m pre-Series A by Survam Partners, IAN, others (Mar ‘20)

Gurugram-based fashion tech startup StyleDotMe on Monday announced that it has raised Rs 3.5 crore in a Pre-Series A funding round led by Survam Partners, with participation from Bobby Kothari, Director, Jewelex India as a strategic investor, and existing investor IAN (Indian Angel Network). — Yours...

Arthavat acts for fin-tech startup SaveIN’s maiden pre-seed funding

SaveIN, a social finance-based neobank, has raised an undisclosed amount in pre-seed funding from a clutch of global and Indian angel investors and industry stalwarts. The Gurgaon-based firm will use the funds for expansion plans and product development. — Hindu Business Line SaveIN was founded with...

Samvad for Delhivery on $275m mega investment with JSA, Touchstone, Trilegal, L&L for investors

New age logistics and supply chain startup Delhivery has raised around $277 million, or over Rs 2,000 crore in a new funding round led by US-based Fidelity with Singapore’s sovereign wealth fund GIC also participating, latest regulatory filings accessed by ET showed. — The Economic Times Samvad Part...

AZB for Amazon in $10m support of SME finance platform M1Xchange with Beenext, Mayfield

Amazon has led a $10 million financing round in M1xchange, an online invoice discounting startup catering to micro, small and medium enterprises (MSMEs). Existing investors Beenext and Mayfield also participated in the funding round. EconomicTimes AZB & Partners acted as the Indian legal counse...

KPMG-bestie Advaita suffers another body blow as HSA raids Delhi dry with Singh-Shankar-Dutta trio

HSA Advocates has hired Advaita Legal partner Shailendra Kumar Singh, counsel Alok Shankar and principal Monali Dutta as partners in HSA’s Delhi office with their teams of another seven fee-earners.

‘Critical piece’ to new finservices push: CAM adds 3 more ex-regulators from RBI, SEBI, IRDAI to its ‘regulatory bench’ of 5 who have ‘lived evolution of laws’

C yril Amarchand Mangaldas (CAM) has said it had appointed three former banking industry regulators to its financial institutions group (FIG) and an initiative it has dubbed a “regulatory bench”, according to a press release by the firm last week. The initiative was a “critical piece” of CAM’s advic...

Pioneer acts for TA Associates on India leg of investment in Asia’s InCorp Global

InCorp’s Chief Executive Officer and Founder, Atin Bhutani, along with the existing management team will continue to lead the business and be shareholders alongside TA. Financial terms of the transaction were not disclosed. — Ta Pioneer Legal advised TA Associates (Hong Kong) led by a team of for th...

Universal acts for blue collar GPS job portal WorkIndia’s $3.3m infusion from BEENEXT, Asuka (Apr ‘19)

Bengaluru-based WorkIndia, a geo-positioning app which helps in connecting blue and gray collar workers with employers, has raised funding of Rs 24 crore from BEENEXT, Singapore and Mamoru Taniya, Chairman of Asuka Asset Management, Japan. — Yourstory Universal Legal advised Eloqeunt Info Solutions ...

Khaitan on 3i Infotech’s $136m acquisition by Apax Partners on PE’s first India software buyout

Apax Partners has agreed to buy the software business of listed IT services company for ₹1,000 crore, in what would be the first PE buyout of an Indian software company. The software business that generates $60 million in revenues will be carved out of the main company through a business transfer ag...

Vertices for agri-tech startup DeHaat with D&D, CAM on $30m Series C raise

On Tuesday, DeHaat, an online platform that offers full-stack agricultural services to farmers, said it has raised $30 million in a new financing round as the Indian firm looks to maintain its accelerated growth despite the pandemic. — Techcrunch Desai & Diwanji advised existing investors Omniv...