Corporate
Rajaram continues for Lenskart, AZB for KKR on $95m investment
Global investment firm, KKR… said that it will invest $95 million in Lenskart through a secondary stake acquisition through its Asian private equity fund. Avendus Capital will be advising on the transaction. ET Now AZB & Partners advised Birdseye View Holding an affiliate investing vehicle of K...
Anagram, Samvad, Indus on Fundamentum, 8 Roads $100m Series E infusion into logistics startup FarEye [UPDATE-1]
FarEye, an end-to-end, global delivery management platform, on Tuesday announced that it has raised $100 million in Series E round led by TCV and Dragoneer Investment Group. Existing investors including Eight Roads Ventures, Fundamentum, and Honeywell also participated in the round. YourStory As per...
Samvad for Bizongo on $9.4m Series C investment by Accel, IDG, IFC
Mumbai-based B2B packaging marketplace Bizongo is raising INR 68.35 Cr from several investors, including Accel India, IDG Ventures and International Finance Corporation. All three are existing investors in Bizongo. Inc42 Samvad Partners advised Smartpaddle Technology Private Limited , operating as B...
Sarthak acts for litigation funding platform LegalPay’s seed-funding round by 9Unicorns
LegalPay, a New Delhi-based litigation funding startup, has secured undisclosed seed funding from venture capital fund 9Unicorns. Early-stage investor LetsVenture and Ambarish Gupta, founder of New York-based private equity fund Basis Vectors and founder of Knowlarity, also participated in the finan...
Argus assists Eyestem Research raise fresh capital from Endiya Partners
Eyestem, a Bengaluru-based cell therapy company, has raised funding from Endiya Partners, a venture capital fund that focuses on investing in firms in technology, healthcare and life sciences. — Hindu Business Line Argus Partners advised Eyestem Research , led by a team of partners Vinod Joseph and ...
L&L, Indus, ShookLin help L Catterton in D2C dental brand Zenyum’s $40m Series B with Sequoia, others
Singapore-based dental product brand Zenyum has raised $40 million in Series B funding led by L Catterton, according to a company announcement. — Dealstreetasia The investment was undertaken in the form of primary issuance of preference shares as part of the Series B funding round undertaken by Zeny...
Samisti for fin-tech startup S-Ancial’s $1.4m Pre-Series A by JITO, DST, others
[S-Ancial] announced it has raised $1.4 million Pre-Series A funding led by JITO Angel Network. The round also saw participation from Rahul Mehta of DST Global, Suresh Jain of Sun Capital, Rank Group, and other marquee angels. — Yourstory Samisti Legal advised S-Ancial technologies led by a team of ...
Ex-Tata GC Shuva Mandal announces start at Anagram on LinkedIn [UPDATE-1: ‘Keeping it simple’, focus on hi-quality work]
T he former general counsel (GC) of Tata Sons, Shuva Mandal, has today officially announced his exit and joining start-up law firm Anagram Legal with a job profile change on LinkedIn. We had first reported his move last month , amidst speculation that he would be managing partner at Anagram, which a...
Delhi HC orders Rajiv to pay Rs 77 cr (pending further dispute resolution) in exchange for Saraf exit
The Delhi high court bench of justices RS Endlaw and Sanjeev Narula hearing the long-running dispute between Rajiv Luthra and Mohit Saraf, the two co-founders of L&L Partners , has ordered the Luthra to pay Saraf in compensation while Saraf could exit and set up his own firm, Bar & Bench h...
CAM tax head Daksha Baxi sets up independently with tax solutions for ‘globally mobile’ individuals & orgs [UPDATE-2]
C yril Amarchand Mangaldas (CAM) head of international tax and director Daksha Baxi has started up her own firm, SRI Solutions , in Mumbai, according to her LinkedIn profile. She had joined CAM in 2018 from Khaitan & Co. Her daughter, Pooja Baxi-Patel who had joined CAM at the same time as Baxi...
Law for yoga dharma: 2-decade Bgl CAMer Arjun Lall exits post 1-year sabbatical to become yoga instructor
Cyril Amarchand Mangaldas Bengaluru-based equity partner Arjun Lall, who had been with the firm for 20 years since graduating from NLSIU Bengaluru in 2001, has now officially left the firm.
CAM staffs GIFT-City SEZ office with Desai & Diwanji partner Ketaki Gor Mehta
Cyril Amarchand Mangaldas has hired Desai & Diwanji Mumbai partner Ketaki Gor Mehta as a partner in its new office in the Gandhinagar-based office in the Gujarat International Finance Tec-City (GIFT), which it had announced in early May 2021 (alongside IC Universal Legal also opening in the city).
Trilegal continues banking push: JSA retained partner Pallavi Banerjee to join as Mumbai counsel
Pallavi Banerjee moves from JSA to Trilegal T rilegal has continued expanding its finance footprint, with J Sagar Associates (JSA) corporate and finance retained partner Pallavi Banerjee having been hired to join as a counsel in Mumbai, we reliably understand. The 2013 NUJS Kolkata graduate had been...
CAM banking duo Pranav Sharma, Mallika Chopra to join Trilegal [UPDATE-1: Vote complete]
T rilegal and Cyril Amarchand Mangaldas (CAM) have continued the small-scale war of partner attrition, with Mumbai-based banking and finance partners Pranav Sharma and Mallika Chopra in the process of being voted into the Trilegal partnership, Bar & Bench reported. CAM managing partner Cyril Sh...
Mansukhlal, Trilegal act on $10.5m debenture, equity fundraise for PG Electroplast
The board of PG Electroplast Limited (PGEL) at its meeting held on Tuesday approved raising ₹76.6 crore through compulsorily convertible debentures (CCD) and preferential allotment of equity shares, the company said in a statement. — Mint Mansukhlal Hiralal & Co advised PG Electroplast Limited ...
DSK, ELP act on Green Snack Co fundraise from Mayfield (Feb ‘20)
Control Alt Foods Pvt. Ltd, which markets healthy snacks under the brand The Green Snack Co, has raised its angel round of funding from two wealthy individuals, a top company executive told VCCircle. — VCCircle DSK Legal advised Control Alt Foods Private Limited (operating under the brand name Green...
DSK, Veritas acts on Vegro Switzerland buy of Fuerst Day Lawson India (Sep ‘20)
Vegro Solutions GmBh Switzerland bought 100% shares of Fuerst Day Lawson (India) Private Limited, a portfolio company of Highlander Partners LP. Fuerst Day Lawson (India) Private Limited (“FDL India”) was the Indian arm of Fuerst Day Lawson Limited headquartered in London, UK. FDL India is a formula...
Rajaram, NDA on news aggregator DailyHunt’s $3m Series F by Stonebridge, Matrix (Jul ‘19)
ByteDance-backed news aggregator Dailyhunt has added another USD 3 million to its ongoing Series F round from Stonebridge Capital, according to the company’s filings with local authority. — Kr-Asia.Com Rajaram Legal advised DailyHunt and existing investor Matrix Partners India led by a team of senio...
Rajaram on logistics startup LoadShare’s $13.2m Series B from BEENEXT, Matrix, Stellaris (May ‘20)
Logistics startup LoadShare Networks has raised a Series B funding round of ₹100 crore led by BEENEXT along with participation from CDC Group. — Mint Rajaram Legal advised Loadshare Technologies along with existing investors Matrix Partners India and Stellaris Venture Partners led by a team of partn...
PDS for Gujarat Apollo on $26.5m JV sale to Swiss construction equipment maker Ammann (Jun ‘20)
Switzerland-based mechanical engineering company Ammann Group Holding AG has fully acquired the stake of its partner in a joint venture . Gujarat Apollo Industries Ltd, which operates Ammann India Pvt. Ltd, is selling its 30% stake in the JV for Rs 202.43 crore (approximately $26.57 million at curre...