Corporate

KT acts on Shell Foundation, SmartE funding in RevFin e-3-wheelers in UP

Revfin has received funding from Shell Foundation (in partnership with SmartE) to enable and promote adoption of electric three wheelers in eastern Uttar Pradesh, according to reports . KT Advisors LLP advised Revfin Services Private Limited led by a team of managing partner Kalpataru Tripathy and p...

Quillon, Anoma act on $20m Series C for CropIn agritech from Temasek

CropIn, an artificial intelligence and data-based agritech startup, has raised $20 million in a funding round led by Temasek Holdings Pte-backed ABC World Asia, as the coronavirus pandemic accelerates the adoption of digital technologies in farming. — Mint Quillon Partners advised ABC World Asia Pte...

JM+P acts on $7.5m Ergos Series A from UK’s CDC

New Delhi: Agritech startup Ergos has received Rs 22.5 crore from United Kingdom’s CDC Group to close its Rs 81-crore Series A funding round. The Bengaluru-based company had previously raised Rs 35 crore from Aavishkaar Capital and Rs 23.5 crore from Chiratae Ventures in March and October, respectiv...

Indus, US firms act on India’s cure.fit US-acquisition of Onyx

New Delhi: Healthtech startup cure.fit has acquired California, US-based fitness company Onyx at an undisclosed valuation, as part of global expansion plans.The acquisition is also a step towards cure.fit improving its computer-vision technology for its at-home fitness product, according to a statem...

Trilegal for Sweden’s Stillfront, AZB for Tiger + SAM, DLA on Swedish buy of Bgl gaming studio Moonfrog for $90m

Trilegal advised Swedish gaming studio Stillfront led by a TMT team of partner Nikhil Narendran , senior associate Jishnu Sanyal , associate Aparajita Lath , associate Krati Hashwani , associate Cheta Sheth , with corporate team partner Clarence Anthony Sweden-based free-to-play gaming studios Still...

Link Legal hires P&A’s Ketan Mukhija, Guarav Priyadarshi & team as partners

Link Legal India Law Services has hired P&A Ketan Mukhija as partner in the corporate commercial practice group of the Firm.

HSA partners Gaurav Sahay, Aditya K Singh join Link Legal in latest exits

Link Legal India Law Services has snapped up two partners from HSA Advocates.

Cyril Amarchand to open representative office in Singapore (despite recent lack of action from rivals)

Cyril Amarchand Mangaldas (CAM) is expected to become the latest Indian law firm to set foot in Singapore from 12 February 2021 with a representative office in Singapore, which in recent years had fallen out of favour with firms in terms of having boots on the ground.

IndusLaw CAM-lateral partner Manishi Pathak resigns

Delhi-based IndusLaw partner Manishi Pathak has resigned early last week.

SAM Mumbai adds 2 partners, 1 GC: laterals Lalan Gupta, Amruta Kelkar + IDFC’s Rajeev Uberoi

Shardul Amarchand Mangaldas Mumbai has hired dispute resolution partner Lalan Gupta and corporate partner Amruta Kelkar.

Delhi div bench pleads for cool heads: Saraf gets email back but not office, which could turn ‘ugly’

T he Delhi high court’s division bench has uploaded its order in the dispute between L&L Partners co-founders Mohit Saraf and Rajiv Luthra. In a nutshell, the order by justices Rajiv Sahai Endlaw and Sanjeev Narula said: Saraf will get access to his main email address from home, and Luthra is n...

L&L acts for Gaja Cap on $32m Series B for LeadSquared SaaS player with MD&T

Software as a service (SaaS) platform LeadSquared has raised $32 million in a Series-B funding round led by Gaja Capital. Existing investors, Stakeboat Capital and Jyoti Bansal also participated in the round, the largest for the company, demonstrating its strong growth trajectory. — Mint L&L Pa...

Rajaram, CAM do $14.2m Jumbotail Series B fundraise

Jumbotail, a business-to-business e-commerce marketplace for food and grocery products, has raised $14.2 million in fresh funding led by VII Ventures, bringing to a close the company’s $44 million Series B round. — The Economic Times Rajaram Legal advised Jumbotail Technologies Private Limited led b...

JSA acts on $123m IndiGrid buy of Reliance Infra’s Parbati Koldam Transmission assets

Reliance Infrastructure Limited (RInfra) on Saturday announced the successful completion of sale of its entire 74% equity stake in Parbati Koldam Transmission Company Limited (PKTCL) to India Grid Trust (IndiGrid) for an enterprise value of ₹900 crore. The deal was announced in November 2020 with th...

CAM, Crawford B, Squires do $514 QIP for Punjab Nat’l Bank

Punjab National Bank (PNB) raised approximately INR 3,788.04 crore through a qualified institutions placement of 1,06,70,52,910 equity shares of face value INR 2 each, at a price of INR 35.50 per equity share (at a discount of 4.95% i.e., INR 1.85 per equity shares on the Floor Price), including a p...

Argus acts for Kotak PE on investment in Bangalore’s Eyestem

Kotak Private Equity invested in Eyestem, a Bengaluru based cell therapy company. Eyestem has raised this funding from Kotak for using its patented flagship product, EyecyteRPE, to treat dry age-related macular degeneration through first in man clinical trials, according to the company’s press relea...

Jerome acts on $2m deal Amica Financial Series A1

Series A1 Funding in Amica Financial Technologies Private Limited Amica Financial Technologies Private Limited, led by Jitendra Gupta, raised approximately INR 14.4 crores in its Series A1 funding round from Hummingbird Ventures III Comm. VA, Bedrock Capital II, LP, Bedrock Capital Entrepreneurs Fun...

Samvad, King & Partridge act on Scripbox personal wealth platform sale

Scripbox, a digital personal wealth management platform, has acquired a controlling stake in Mitraz Financial, a ten-year-old SEBI-registered investment advisor providing personalised financial advisory services to high net worth individuals (HNIs) and ​ultra high net worth individuals​ (UHNIs). — H...

IC acts on $0.7m buy into Agri10x farming blockchain business from Omnivore

Agri10x provides a blockchain and AI-enabled e-marketplace that connects farmers directly with buyers, helping them sell their produce at competitive prices. — The Economic Times IC Universal Legal Advocates and Solicitors advised Icognitive Global Private Limited , operating as Agri10x , led by a t...

AZB acts on Ecom Express $11m buy of Bangladesh’s Paperfly logistics

Logistics solutions provider Ecom Express on Tuesday said it has invested USD 11 million (about Rs 80.6 crore) in Bangladesh’s largest third-party e-commerce logistics (3PL) firm, Paperfly. — Business Standard The Indian logistics player acquired a majority stake in the company. AZB & Partners ...