Religare Enterprises … said it has acquired additional 14.36 per cent stake in Religare Finvest Ltd (RFL) from private equity investors. Post the acquisition, RFL has become a wholly-owned subsidiary of the company from February 28, it said in a BSE filing. — Mint S&R Associates advised NYLIM J...

Argus Partners advised Liquidator of Concast Steel & Power Ltd led by a team of senior partner R Sudhinder , equity partner Soorjya Ganguli , partner Pooja Chakrabarti , partner Arka Majumdar , Noida-based SMCPower Generation Ltd has acquired the main steel mill and power plant of Concast Steel...

Baroda-based specialty aroma chemicals company Best Value Chem (BVC) said Premji Invest will acquire a controlling stake in the company. — Mint AZB & Partners advised Premji Invest led by a team of partners Srinath Dasari and Nanditha Gopal , and senior associate Malaveeka Chakravarthy . Pionee...

Mastercard Inc said on Tuesday it would buy Finicity in a deal valued at $825 million, adding a fintech firm that helps banks share customer data with other financial firms. — New York Times Majmudar & Partners advised Finicity led by a team of managing partner Akil Hirani , partner Amrit Mehta...

Senior capital markets lawyer Madhurima Mukherjee, who had left AZB & Partners in April, has enlisted with J Sagar Associates (JSA) as an independent senior consultant, we understand from several sources.

Carlyle has agreed to pick up a significant minority stake in Ajay Piramal’s pharma business for $490 million trumping rival private equity peers KKR and TA Associates. The 20% stake sale values Piramal’s pharma business at Carlyle’s offer would value the business at around Rs 20,000 crore ($2.6 bil...

RMZ Corp and Japan’s Mitsui Fudosan have entered into a joint venture of up to $1 billion to set up commercial office spaces in Bengaluru, Mumbai and Delhi. This is the Japanese company’s maiden investment in the Indian real estate market. — The Times of India Mitsui Fudosan (Asia) Pte Ltd acquired ...

Abu Dhabi-based sovereign investor Mubadala Investment Company will buy 1.85% stake in Mukesh Ambani’s Jio Platforms for ₹9,093.60 crore, the Reliance Industries Ltd subsidiary said in a release… The latest transaction gives Jio Platforms an equity valuation of Rs4.91 trillion and an enterprise valu...

Jio Platforms is set to raise Rs 5683.50 crore from Abu Dhabi Investment Authority (ADIA), the largest investment arm of the government of Abu Dhabi, by selling a 1.16% stake. ADIA is the seventh investor to pick up a stake in the Mukesh Ambani-led company in seven weeks. — The Economic Times AZB &#...

Bengaluru-based video-first experience discovery platform Trell has raised $2 Mn (INR 14.8 Cr) in Pre-Series A round led by Ruizheng Investment at $19 Mn valuation. Other investors who participated in the round include KTBN Venture, Sprout Venture Partners, AH Projects, and its existing investors Be...

Radar India Advisors was instrumental in facilitating a Pre-Series A funding of Rs 5 crore into Avishkar Box from Auxano Trust. — Deccanchronicle Grey Matter Legal advised Clevergene Biocorp Private Limited led by a team of partner Ray Vikram Nath with associate Archit Gupta . The firm finalised the...

Co-working major WeWork India, which is owned by the Embassy Group, on Friday said it has raised $100 million from WeWork Global for sustainable growth of its business. — Mint JSagar Associates advised Embassy Group and WeWork India Management Private Limited led by a team of joint managing partner ...

Baring Private Equity Asia has taken one step closer to selling software services company Hexaware Technologies Ltd that it acquired seven years ago, starting with buying out shareholders to take it private. — Mint AZB & Partners advised Hexaware Technologies Limited led by a team of partners Z...

Early-stage venture capital firm Matrix Partners India has led a $5 million (Rs 37crore) Series A funding round in plant-based nutrition brand OZiva. — VCCircle Rajaram Legal advised Matrix Partners led by a team of partner Prasad Subramanyan , associate Mahima Pradeep and associate Kabir Phadke . A...

New York-listed AES Corp has agreed to sell its 49% stake in Odisha Power Generation Corp to Adani Power Ltd, ending its 22-year-long association with the state utility. — VCCircle L&L Partners acted for AES India Private Limited led by a team of senior partner Mohit Saraf and assisted by partn...

Trevi Group: Sale of the oil & gas division to the Indian group MEIL for approx. euro 116 million — Company PDF press release Link Legal India Law services advised Megha Engineering & Infrastructures Ltd led by a team of co- managing partner Nusrat Hassan , partner Anand Srivastava , assoc...

Fast-growing Swedish cloud computing services provider Sinch AB said on Monday it had agreed to buy Indian firm ACL Mobile for about $70 million (INR 5,350 million) in cash, its third large acquisition since the start of March. — Nytimes Dua Associates advised ACL Mobile led by a team of partners Mu...

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 Private Limited , Matrix Partners India , and Stellaris Venture Partners led by a team of partner Priyada...

Bottomline Technologies (de) Inc. completed its acquisition of BankSight Software Systems Inc. on June 3. Bottomline paid about $2.8 million in cash and issued 40,000 common shares to acquire the outstanding capital stock of BankSight. — Spglobal Kochhar & Co advised Bottomline Technologies (“B...

Omprakash Jha, Abhishek Puri promoted from associate partner to partner T he Law Point (TLP), a Mumbai-headquartered firm founded in 2006, has promoted its only two associate partners to partner, according to a press release. The two new partners are: Mumbai-based Omprakash Jha , specialising in pro...