AZB & Partners has hired former State Bank of India (SBI) managing director Arijit Basu as a senior consultant according to a press release from the firm; the exact ambit of his role was not clear at the time of going to press though it is likely to be a part-time position.

Cyril Amarchand Mangaldas has announced the joining of former Asian Development Bank (ADB) regional chief Arjun Goswami as director in its public policy practice, heading the practice area from both Mumbai and Delhi.

Cyril Amarchand Mangaldas (CAM) has hired AZB & Partners partner Vivaik Sharma as a funds partner in Mumbai.

Mumbai-headquartered Argus Partners has hired Shardul Amarchand Mangaldas (SAM) counsel Udit Mendiratta as a partner in its Delhi office’s disputes practice.

T he Singapore law ministry has renewed all nine international law firms’ Qualifying Foreign Law Practice (QFLP) licences for another period of five years, according to a press release by the ministry. International law firms Allen & Overy, Clifford Chance, Gibson, Dunn & Crutcher, Jones D...

Home-grown payments solution provider Pine Labs, on Monday, announced that it has raised close to $100 million from Lone Pine Capital as part of secondary and primary share sale. This investment round has taken the company’s valuation from $1.6 billion to $2 billion within a year. — Mint Phoenix Leg...

From 1 Nishith Desai Associates is extending its unlimited leave policy to all lawyers come 1 January 2021. This is an expansion of the flexible leave / unlimited holiday model the firm had trialled since 2017 for all lawyers who had worked at the firm for longer than 1,000 days.

Max Financial Services Limited (MFSL) … swapped its 21.87% stake in Max Life Insurance Company Limited (Max Life) with 20.57% stake of Mitsui Sumitomo Insurance Company, the company said. — Mint AZB & Partners advised Max Life Insurance Company Limited and Max Financial Services Limited and the...

Spice Money has joined hands with actor Sonu Sood to digitally and financially empower onecrore rural entrepreneurs. Since the start of the COVID-19 pandemic Sonu Sood’s goal has been to help those in need in the remotest corners of the country, while Spice Money’s aim has been to strengthen the cou...

Cryptocurrency exchange platform, CoinDCX has raised Rs 100 crore ($13.9 Million) in series B funding round led by a series B round was led by Block.one and included DG, Jump Capital, Uncorrelated Ventures, Coinbase Ventures, Polychain Capital, Mehta Ventures and Alex Pack. — The Economic Times Ikig...

metadesc: GameChanger Law Advisors advised Global Innovation Fund led by a team of founding partner Amrut Joshi , senior associate The Global Innovation Fund, GIF, announced today it is investing $1.6 million investment in EZ Vidya Private Limited which operates under the brand name ‘Chrysalis’, an ...

Japanese companies Mitsui and Nippon Soda have acquired 56 per cent stake in agro-chemical firm Bharat Insecticides Ltd (BIL). — Business Standard Stratage Law Partners , which had been started in August 2020 by former Economic Laws Practice (ELP) partners, advised Bharat Insecticides Limited led by...

Food delivery company Zomato Media Pvt. Ltd has completed a staggered fundraise that added $660 million (Rs 4,851 crore) to its coffers at a post money valuation of $3.9 billion, its co-founder and chief executive Deepinder Goyal, tweeted… — VCCircle IndusLaw advised Zomato Private Limited led by a ...

Online platform to sell second-hand cars CARS24 has raised a $200 million Series E funding round led by DST Global with participation from existing investors including Exor Seeds, Moore Strategic Ventures, and Unbound. The company is the latest addition to the growing list of unicorns in India with ...

On 9 December 2020, the Delhi high court reserved its judgment in the saga of the acrimonious split between the co-founders of L&L Partners, Rajiv Luthra (often referred to as RKL) and Mohit Saraf (referred to as MS in court filings).

Education technology startup Unacademy has raised an undisclosed amount from Tiger Global Management and Dragoneer Investment Group, valuing the Bengaluru-based company at $2 billion. The latest investment comes just two months after Unacademy raised $150 million led by SoftBank Vision Fund 2 at a v...

Virtual events hosting platform Airmeet raises USD 12 million in its Series A round of funding led by Sequoia Capital, with participation from Redpoint Ventures and existing investors including Accel India, GFC Global Founders Capital and Venture Highway, according to reports . Rajaram Legal advised...

Daikin Airconditioning India has acquired the air handling business of Ahmedabad-based Citizen Industries, a move which will enhance its product positioning into the commercial air-conditioning market, a top company official said. The move would help Daikin to strengthen its presence in the fast-gro...

Senvion GmbH, Senvion Netherlands, SWTPL, SIPL sold their stake in SWTPL, Senvion LLP, and SIPL to Global Renewable Energy Development Holding Company Limited, owing to the bankruptcy of Senvion GmbH. This transaction involved complex structuring given that the purchaser and the sellers are non-resi...

Lupin Ltd engaged Juris Corp for developing content for one of India’s first comprehensive Medico-Legal Application created by Lupin Ltd which has been launched by the name of ‘LegalRX: Medico-Legal Information’. Juris Corp advised Lupin Limited led by a team of equity partner Avikshit Moral and ass...