Glenmark Pharma has sold its gynaecology business to private equity firm True North backed Integrace Pharma in an attempt to cut down debt of the company. The sale of the gynac business comes two years after it sold its orthopedic business to the same company. Integrace will pay Rs 115 crore for fou...

Financial services company Group’s second seed fund has invested Rs 50 crore in men’s grooming start-up Happily Unmarried Marketing, which sells products online under the brand name of Ustaraa. IIFL Seed Ventures Fund II, which was set up by IIFL Asset Management in July last year, has a corpus of a...

metadesc: DSK Legal advised Eternis Fine Chemicals Limited, as well as Eternis UK Limited and the promoter / Mariwala Family and related trusts. DSK partner Aparajit Bhattacharya , acted as the lead/relationship partner on the transaction, with a transaction team led by partner Aninda Pal , and asso...

Höegh LNG Holdings Ltd. (“Höegh LNG”) is pleased to announce that it today has completed and signed all documentation for its 10-year charter with H-Energy and selected the FSRU Höegh Giant to serve this agreement. The binding commitment was announced in a stock exchange notice on 19 November 2020. ...

Ceridian’s (a global leader in human capital management (HCM) technology) acquisition of Ascender, a leading payroll and HR solutions provider in Asia Pacific Japan (APJ), according to a company press release . TT&A (Talwar Thakore & Associates) advised Ascender , which is backed by a priv...

Cube Highways acquired an NHAI four-lane toll road connecting Neelamangala and Devihalli in Karnataka - Cube Highways from Lanco Devihalli Highways, according to a company press release . AZB & Partners advised Cube Highways and Infrastructure I-D Pte Ltd (a portfolio company of I Squared Capit...

NTT DOCOMO announced that it would invest USD 20 million in the Tata Capital Growth Fund II LP in Singapore with the aim of investment focusing on growth-stage companies in India. — Thefastmode AZB & Partners advised Tata Capital Limited led by a team of partners Ashwath Rau , Pallabi Ghosal , ...

Dailyhunt’s parent VerSe is on a funding streak. Barely one-and-a-half months after completing a USD 100 million-plus funding round from AlphaWave, Google, and Microsoft, at a valuation of over USD 1 billion, the holding company of the local language news aggregator app has raised another USD 100 mi...

FRV Group entered into definitive agreements with India Grid Trust, with IndiGrid Investment Managers Limited acting as Investment Manager for India Grid Trust, for sale of 100% securities holding in FRV Andhra Pradesh Solar Farm-I Private Limited & FRV India Solar Park II – Private Limited, ea...

PE firm Advent International Corp’s Amalfiaco sold 6.06% in CG Consumer Electricals for ₹1,492 crore in an open market transaction on Tuesday. — Mint J Sagar Associates (JSA) advised Advent International led by a team of partners Vikram Raghani and Bir Bahadur Sachar and senior associate Abhilash Ch...

The Gujarat International Finance Tec-City (GIFT) has released a new framework for attracting legal services, including potentially foreign law firms, into the special economic zone (SEZ).

Intelligent Retail Pvt Ltd, which operates distribution and logistics startup Ripplr, has raised $3 million (around Rs 22 crore) in a Series A funding round. — VCCircle Pioneer Legal advised Zephyr Peacock India Growth Fund led by a team of partner Mayank Mehta , senior associate Sameer Raina and as...

Capita PLC sold the entire share capital of Capita SIMS (India) Private Limited (a member of the Capita group) to Tiger UK Bidco Limited, a newly formed company established by funds advised by Montagu Private Equity . This transaction forms part of the global sale of the Education Software Solutions...

New Delhi: Kalpataru Power Transmission Ltd (KPTL) on Friday said its wholly owned subsidiary in Brazil has signed a definitive agreement to acquire 51 per cent stake in Fasttel Engenharia Ltd in the South American country, for USD 8.80 million (over Rs 64 crore). — The Economic Times Bharucha &...

Saveo Healthtech, a B2B e-commerce marketplace for pharmacies, … said it has raised $4 million (about Rs 29.1 crore) in funding, co-led by Matrix Partners India and RTP Global. — Moneycontrol Rajaram Legal advised Matrix Partners India and RTP Global led by a team of senior associate Mihir Roy , ass...

Jubilant (the lead investor), Xponentia (the new investor) along with certain other investors invested in the pre-IPO fundraising of Barbeque Nation and acquired around 17% of equity stake in the Barbeque Nation out of which Jubilant acquired 10.76 % equity stake. Jubilant FoodWorks Ltd (JFL) … said...

HSA Advocates has hired Dr Madhumita Kothari as a dispute resolution partner based in Delhi.

Investment of Hindustan Media Ventures Limited in Parijat Innovations Private Limited (Hubhopper), by subscribing to certain equity and compulsorily convertible preference shares, aggregating to 15.79% stake in the company on a fully diluted basis. It is the first investment of HT Group in a company...

Snackible, an affordable health snacks company, has announced that it has garnered an undisclosed amount in Pre-Series A round through ah! Ventures. The funding round also saw the participation of 1Crowd, JITO and Mumbai Angels. — Asiatechjournal Legasis Partners advised 1Crowd Fund led by a team of...

Acquisition of Velocity Tech-Sol India Private Limited and others by Navisite LLC, according to a press release . Navisite has acquired global cloud managed service provider Velocity Technology Solutions, Inc. Velocity is set to enhance Navisite’s service portfolio through the addition of deep enter...