Bijnis, a business-to-business marketplace for unorganised retail segment, has raised Rs 63.9 crore in its Series A round from Sequoia, Matrix Partners and its existing investors WaterBridge Ventures and Info Edge. — Entrackr Link Legal India Law Services advised InfoEdge and WaterBridge led by asso...

KEPPEL Corp’s wholly-owned subsidiary Lipalton has completed its investment into Kapstone Constructions, and now holds 49 per cent of the latter’s total voting rights. Kapstone is Lipalton’s joint venture (JV) with Indian developer Rustomjee Group, to develop the 51.4 hectare Urbania integrated town...

Razorpay, a Bengaluru startup which provides end-to-end payments solutions to businesses, has raised $100 million in its series D round of funding. In the process, the venture has been valued by investors at over $1 billion, making it the latest fintech unicorn in India. This investment round was co...

Mumbai-based Pep Technologies Pvt Ltd, which owns caffeine-based skin and hair care brand mCaffeine, on Monday said it has raised Rs 42 crore in a Series B funding round from a consortium of investors led by Amicus Capital along with RPSG Ventures and existing investor Telama Investments. Pep Techno...

Portfolio companies of Brigade Real Estate Accelerator Program (REAP), including residential security company LiveSafe, painter aggregation platform Aapka Painter, home renovation solutions provider Renewate, and artificial intelligence and virtual reality-based customer engagement services provider...

Orbit Law Services has promoted four of its partners into equity, following the retirement of co-founding partner PV Rao and a corresponding widening and redistribution of equity.

As the novel coronavirus is gearing up for a second wave and wreaking renewed havoc in much of the world and economies continue teetering on brinks barely held back by government stimulus packages, a number of law firms have recently eased restrictions on their fee-earners.

HT Media has acquired Mosaic Media Ventures, the company which operates business news platform VCCircle and tech news platform TechCircle, according to a regulatory filing on Wednesday. HT Media said that this was a “strategic acquisition”. As part of the deal, HT Media will invest upto Rs 6 crore, ...

L ink Legal India Law Services has aqui-hired the compliance practice of SD Services founder Prasanta Sahu as a partner, together with team member Rajan Dubey , who is also joining as a partner. Both are based in Chennai and specialise in “compliance audit and management services through a technolog...

CreditAccess Grameen, is one of the largest microfinance institutions in the country. Headquartered in Bengaluru, it is focused on providing micro-loans to women predominantly in rural areas across India. It operates in 13 states, including Karnataka, Maharashtra, Tamil Nadu, Chhattisgarh and Madhya...

CDC Group, the UK’s publicly owned impact investor, has committed US$10 million to Chiratae Ventures’ Fund IV to support the growth of highly scalable, tech-enabled companies in India. — Cdcgroup AZB & Partners advised Chiratae Advisors Co. Ltd led by a team of partners Ashwath Rau and Pallabi ...

BENGALURU: Commercial office space developer RMZ is selling a large part of its operational portfolio to Brookfield Asset Management for $2 billion to reduce debt. It’s one of the biggest deals in the Indian real estate market. RMZ’s co-working business, CoWrks, will also go to Brookfield. The comme...

Delta Corp rose 1.56% to Rs 110.90 after the company said that its subsidiary, Delta Pleasure Cruise Company, will acquire up to 45% stake in Waterways Shipyard for consideration not exceeding Rs 15.50 crore. — Business Standard AZB & Partners advised Delta Pleasure Cruise Company Private Limit...

Norwegian conglomerate Orkla which owns MTR Foods has entered an agreement to buy a majority stake in Kerala’s largest spice player Eastern Condiments for Rs 2,000 crore with an aim to double up its spice presence in India. — Business Standard IC Universal Legal advised Eastern Condiments Private Li...

Avataar.me, a 3D and Augmented Reality software that helps enterprise customers create immersive shopping experiences for end-users, has raised $7 million from Sequoia Capital India. Avataar’s technology aims to bridge the gap between offline and online experiences by replacing the current 2D visual...

Three private equity funds Investcorp, Norwest Venture Partners and Gaja Capital together invested about Rs 800 crore ($110 million) to acquire about 31% stake in Xpressbees, the E-commerce focused end-to-end supply chain solutions provider. — The Economic Times IndusLaw advised Busybees Logistics S...

Apurva Jayant moves from Luthra to JSA J Sagar Associates (JSA) has hired Apurva Jayant , a corporate partner who had recently left L&L Partners, as a partner in its Mumbai office. Way before having been a partner at Samvad Partners and then Luthra & Luthra, as it was called in 2016 when s...

Luthra litigation promotions L&L Partners has promoted Rudresh Singh to salaried partner level and five managing associates to partner designate. The new partner designates are: Anugrah Robin Frey, Shikher Deep Aggarwal, Aditya Vikram, Abhishek Ghai, and Prithvi Sindhu. Another four senior asso...

Day 2 in Delhi HC 12 November 2020, 15:38 : Day 2 in Saraf’s submissions have just started. Bar & Bench is live tweeting the hearing. 17:12 : After reiterating many of the arguments already made by Saraf in internal emails, his counsel Parag Tripathi concludes, according to B&B : To sum up...

The turnover at L&L Partners’ corporate partnership (excluding the separate litigation and other partnerships) had increased by 12% between the 2018-19 and the 2019-20 financial years, revealed court filings by senior partner Mohit Saraf in the Delhi high court dispute with managing partner Rajiv Luthra.