Acquisition of majority Partnership Interest in R-Cube Energy Storage Systems LLP. “Windsor Machines has entered into an ‘Investment Agreement’ on February 2, 2018 with R Cube Energy Storage Systems LLP (R Cube Energy) for making strategic investment,” according to Moneycontrol . Solomon & Co A...

Rubix Data Sciences has raised an angel investment round of around Rs 9.98 crores, according to Solomon & Co. Solomon & Co Advocates & Solicitors advised Rubix Data Sciences Private Limited led by a team of partner Aaron Solomon , associate partner Anagha Subramaniam , and associates ...

“The Souled Store raises $3 million funding from RP-SG Ventures, others: The Souled Store plans to use the funding from RP-SG Ventures to bolster its backend and for marketing needs,” reported Mint . RP-SG acquired approximately 8% shareholding in the company through subscription of preference share...

“Ashiana Housing Ltd enters into management agreement for managing Utsav Care Homes - Bhiwadi: Ashiana Housing Ltd has entered into a Management Agreement with Genesis Rehabilitation Services India Pvt. Ltd. to manage and operate, the ‘Utsav Care Homes’ - Bhiwadi (Rajasthan),” reported Equitybulls ....

“Escorts, Kubota join hands to manufacture high-end technology tractors: The JV will leverage Kubota’s technology and engineering prowess of Escorts to cater to an expanding market for higher efficiency, value-oriented utility tractors for a global leadership position,” reported Moneycontrol . Kubot...

“Cygni Energy raises $6.4 million through debt and equity: The funds will help the startup in expanding capacity, strengthening R&D capabilities and increasing market reach,” reported The Economic Times . Link Legal India Law Services advised Endiya Partners led by a team of partner Manish Gupt...

“ZestMoney raises $13.4 million in a round led by Xiaomi: ZestMoney will strengthen its technology and data science capabilities as well as expand use cases for the core ZestMoney Affordability Product,” reported The Economic Times . Existing investors Omidyar Network, Ribbit Capital and PayU also p...

“WaterBridge Ventures bets on online poker startup 9stacks: SparSkills Technologies Pvt. Ltd, which owns online poker platform 9stacks, has raised Rs 28 crore (around $3.8 million at current,” reported VCCircle . Link Legal India Law Services advised WaterBridge Ventures led by a team of partner Man...

“MagicPin parent raises $20 million in round led by Lightspeed US: The latest funding round values three-year-old discovery and rewards platform at $100 million,” reported The Economic Times . Link Legal India Law Services advised Lightspeed India Partners led by a team of partner Manish Gupta , ass...

“Denmark-based audio and communications major Jabra has firmed up plans to strengthen its presence in both the enterprise and consumer segment in India. As a first step, it has entered into a strategic joint venture [ JV ] with Innova Telecom, by acquiring an additional 46% of Innova bringing its sh...

“TPG subsidiary raises $50 million from Temasek: TPG said there are more facilities in the pipeline for both CTSI and Motherhood,” reported The Economic Times . Veritas Legal advised TPG Growth and Asia Healthcare Holdings Pte Ltd led by a team of partner Nandish Vyas and associate Saumya Kakar . Th...

“SME Lender Five Star Business Finance Raises $100M Led by TPG: Five Star Business Finance Limited, a Chennai-based registered non-banking finance company, has raised $100 million led by private equity firm TPG,” reported Inventiva.

“MedGenome Labs, a genomics research and diagnostics start-up, on Monday said it had raised funds from HDFC Ltd, HDFC Standard Life Insurance Co. Ltd and HDFC Asset Management Co. Ltd to complete a series C funding round of $40 million,” reported Mint . Themis Associates advised MedGenome Labs led b...

“Ed-tech firm Unacademy raises $21 million from Sequoia, SAIF, Nexus and others: Unacademy plans to utilize the capital to get 10,000 educators on board monthly (from the present 3,000), grow its team and invest heavily in technology,” reported Mint . Themis Associates advised Sequoia Capital , SAIF...

Amara Hotels sets up the Sheraton Grand Hotel & Spa in partnership with Marriott, according to CNN Traveller.

Assentio Legal advised Amara Hotels & Resorts.

2018-05-01

Deal value: INR 150 crores (approx. USD 20 million)

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i3 Systems has raised $1m in funding From Unitus Ventures and others, according to Inc42 . Assentio Legal advised i3 Systems . Assentio Legal is an Indian law firm, with offices in Chennai , with 2 total partners, of which 1 is a corporate partners and 1 specialises in disputes. Also advising was K ...

IndusLaw senior partner and head of litigation and dispute resolution, V Srinivasa Raghavan, has received the senior counsel nod from the Karnataka high court.

“Citigroup Inc.’s former chief executive Vikram Pandit, Singapore’s sovereign wealth fund GIC, JM Financial Ltd (JMFL) and other investors have invested ?875 crore in JM Financial Credit Solutions Ltd, a lender to real estate companies,” according to Mint . DSK Legal advised JM Financial Credit Solu...

“DMG MORI announced that it has acquired a 30% stake in INTECH, a developer of software for additive manufacturing, machine learning and artificial intelligence. INTECH is among the pioneers in metal 3D printing in India and already supplies software solutions for DMG’s selective laser melting machi...

“Oncology chain HealthCare Global Enterprises Ltd (HCG) said it will merge its clinical lab services unit, Triesta Sciences, with Strand Life Sciences Pvt Ltd in an all-stock deal,” reported VCCircle.