“Tata Steel completes Rs 35,200 crore purchase of bankrupt Bhushan Steel: Tata Steel said Rs 1,200 crore will be paid to operational creditors of BSL over a period of 1 year as per their admitted claims and terms of resolution plan,” reported The Economic Times about the $7.3bn insolvency deal from ...

“Meesho Raises $50 Mn, Shunwei Capital, Kabir Misra Join As New Investors: The company plans to use the funding to build a stronger product, scale its technology team while expanding into more categories and scaling domestic and international supply base,” reported Inc42 . Jerome Merchant and Partne...

“SigTuple raises $19 million from Accel, IDG, others: Bengaluru-based start-up SigTuple raises $19 million in its Series B round led by Accel Partners and IDG Ventures,” reported Mint . Jerome Merchant and Partners advised new investor VH Capital led by a team of The team was led by partner Vishnu J...

IIFL India Private Equity Fund, an investment arm of India Infoline Limited, has acquired a majority stake in Kadaeishwar HomeFin Private Limited.Jerome Merchant + Partners advised IIFL. “IIFL buys majority stake in mortgage lender; KKR mulls buying IL&FS road projects: IIFL India Private Equit...

“Centrum acquires L&T Finance’s supply chain business: Centrum expects to have a loan book of Rs 900 crore in the supply chain business by the end of the current financial year,” reported Mint . Jerome Merchant and Partners advised Centrum Financial Services Ltd led by a team of partners Sameer...

“Fintech Startup Goals101 Raises $3.5 Mn Partner From Nexus Venture s: Goals101 used the fresh funding to improve its technology and data science capabilities and expand its geographical reach,” reported Inc42 . MNSA Legal advised Goals101 Data Solutions Private Limited led by a team of partner Mani...

“Medlife acquires healthcare start-up EClinic, plans $100 million expansion: Bengaluru-based online pharmacy company Medlife International has acquired another startup, EClinic24/7, in the same segment for an undisclosed amount.With the acquisition, Medlife, which so far provi,” reported Hindu Busin...

Amarchand-raised Cyril Amarchand Mangaldas (CAM) Delhi partners Kirat Singh Nagra and Rishi Anand, who we had first reported in November 2018 to have together resigned from the firm, are joining DSK Legal to rebuild its Delhi outpost.

Trilegal has hired Shardul Amarchand Mangaldas parter Arjun Ghose in Bangalore as the firm’s 44th equity partner, according to its press release.

“Scale Labs raises ₹6.8 crores in seed funding: Scale Labs raised about ₹6.8 crores in seed funding led by GPA Group. This money will be used to develop tech products and expand its business,” reported Theindianwire . MNSA Legal advised Scale Labs Multi Channel Private Limited and the investors, GPA...

“Sequoia-backed B9 beverages raises $50 million from Sofina: Sofinas investment in Bira is the latest by the Belgian investment firm which has backed a number of leading Indian consumer and consumer technology ventures,” reported The Economic Times . Themis Associates advised Sequoia Capital and Sof...

Advised Sequoia on a Series C1 funding round of Zinka Logistics Solutions Private Limited, which operates business to business technology enabled logistics start-up, ‘BlackBuck’. Existing investors, Accel Partners and Sands Capital also participated in the round. This transaction was a bridge round ...

“Prataap Snacks to foray into Gujarat with Avadh Snacks acquisition: The Avadh Snacks acquisition will help Prataap Snacks foray into Gujarat, the largest snacks market in the country,” reported Mint . Themis Associates advised Prataap Snacks Limited led by a team of associate partner Siddharth Manc...

“Iba Halal care gets $3 mn from Addvantis: Iba Halal Care raises $3 million in Series-A funding from Addvantis Enterprises, a Bengaluru-based startup selling herbal cosmetics under the Vedaearth brand,” reported The Economic Times . Argus Partners advised Ecotrail Personal Care Private Limited led b...

“HDFC entered into an agreement for acquiring 30.5 lakh shares, representing 25.01 percent share capital of Good Host Spaces Private Limited from Manipal Integrated Services Private Ltd. The cost of acquisition for this transaction is Rs 69.5 crore. Good Host Spaces is engaged in the business of man...

Rajaram Legal, which was converted into a law firm in 2017 by former Unilazer general counsel Archana Rajaram, has promoted Bangalore-based principal associate Prasad Subramanyan to partner.

“McLeod Russel to sell 8 tea estates to MK Shah Exports for ₹331 crore: McLeod Russel, world’s largest tea producer, has finalised sale of eight tea estates to MK Shah Exports Ltd for a consideration of nearly ₹331 crore, according to a stock market disclosure,” reported Hindu Business Line . Argus ...

Cyril Amarchand Mangaldas (CAM) Delhi partner Asim Abbas, who had been hired from Shardul Amarchand Mangaldas (SAM) in 2016, is to leave the firm, as first reported by Bar & Bench.

“US-based Avenue Capital to acquire 27% stake in Arcil: Six investors of Asset Reconstruction Company of India (Arcil) have agreed to sell their stakes to Avenue Capital, says Arcil CEO Vinayak Bahuguna,” reported Mint . Shardul Amarchand Mangaldas & Co advised Avenue Capital (Avenue India Resu...

“ChrysCapital buys healthcare solutions company for Rs 1000 crore: Largest Indian private equity investor ChrysCapital has acquired 80% ownership in GeBBS Healthcare Solutions, a provider of Revenue Cycle Management,” reported The Times of India . Shardul Amarchand Mangaldas & Co advised ChrysC...