Inventus Capital Partners Fund II made a secondary sale of shares in Etechaces Marketing and Consulting Private Limited to Softbank fund SVF Python II (Cayman) Limited. Early-stage technology-focused fund Inventus Capital Partners recorded cash exits worth Rs 230 crore from three portfolio companies...

City-based realty player Lodha Group has partnered with Warburg Pincus-backed logistics developer e-Shang Redwood (ESR) to develop an industrial park in Thane district at a cost of USD 100 million. The 50:50 joint venture between the two companies will develop 89 acres of land parcel in an industria...

[US-based] Ribbon Communications Inc. (Nasdaq: RBBN), a global software leader in secure and intelligent cloud communications, today announced that it has entered into an agreement to acquire, through a merger, ECI Telecom Group Ltd (“ECI”), a global provider of end-to-end packet-optical transport a...

Bangalore-based GE Global Research general counsel (GC) John Thaliath will be taking over as general counsel (GC) of the General Electric (GE) parent company for South Asia.

IC Universal Legal has hired ARA Law private equity and M&A partner Rowena De Sousa as a Mumbai-based partner in corporate, while also making two internal partner promotions in its corporate team - Nitesh Tiwari and Kavita Pancholi - and eight associate promotions.

Talwar Thakore & Associates has promoted counsel Deepa Christopher and Neville Golwalla to its partnership.

Education technology startup Camp K12 has raised $4 million in seed funding co-led by Matrix Partners and SAIF Partners. The company has built an online tutoring platform for students in kindergarten to 12th grade, which it has rolled out in India first. — The Economic Times Rajaram Legal advised Ma...

NEW DELHI: Pune-based fitness startup Fittr on Tuesday said it has raised $2 million (over Rs 15 crore) from Sequoia Capital India’s Surge programme. The company will deploy the pre-series A funds for hiring, technology and overseas expansion, Fittr Co-founder Jitendra Chouksey said. — The Economic ...

According to Khaitan & Co, Bank of Baroda extended financial assistance to JSW Steel “in the form of term loan for a sum not exceeding of INR 1294.65 crores and bank guarantee facility for a sum not exceeding INR 1000 crores for the purpose of financing the upfront payment obligations of JSW un...

Education technology platform Vedantu has raised Rs 96 crore (about $12.5 million) as part of its Series-C1 round, led by Chinese venture capital firm Legend Capital, with participation from Omidyar’s Ohana Holdings. The investment follows a $42-million fund infusion led by Tiger Global Management i...

MILWAUKEE—Rockwell Automation today announced that it has acquired MESTECH Services, a global provider of Manufacturing Execution Systems / Manufacturing Operations Management, digital solutions consulting, and systems integration services. — Corporate Press Release Lex Consult advised Pune-headquar...

Modulor Capital … announced it had led a $ 200K seed round in Industrial IoT company Design X via its investment vehicle ThinkNext LLC. — Businessworld Sequitur Advocates & Legal Consultants , which was started in 2018 , advised Modulor Capital led by a team of partner Utpal Kant . 2020-03-16 D...

New Delhi, 06th April, 2019: NIIT Technologies Limited, a leading global IT solutions organization, today announced that it has signed a definitive agreement with WHISHWORKS IT Consulting, an IT services and consulting company specializing in MuleSoft and Big Data technologies, to acquire a 53% stak...

Scoop: SAM goes for third-way approach after Khaitan’s straight equity cuts, CAM’s transfer from fixed to variable**

Khaitan & Co equity partners and executive directors have taken a 20% cut on their take-home pay, reported Bar & Bench today, but without any adjustments of more junior staff or lawyers’ salaries. We have reached out to Khaitan for comment. Update 17:03: Executive director HR, Amar Sinhji ...

The hope is that with this somewhat painful move now, future pain can be avoided (though of course no one knows how bad it’s going to get)**

On-demand logistics marketplace Porter has raised Rs 140 crore from Lightstone Global Fund. — Yourstory Verist Law advised the company Porter , led by partner Shristi Ojha along with senior associate Suswagata Roy . Jerome Merchant + Partners advised Lightstone Fund SA led by a team of partner Samee...

Mumbai-based digital therapeutics startup Wellthy Therapeutics said it has raised $4 million (around ₹30 crore) from Saama Capital, as part of its Pre-Series A round, for a 16% stake in the company. — Mint Samvad Partners advised Saama Capital led by a team of partner Nivedita Nivargi , senior assoc...

Digital payments firm BharatPe, which services offline retailers and businesses, has raised $75 million (approximately Rs 538.89 crore at current exchange rates) in its Series C funding led by Coatue Management and Ribbit Capital. — VCCircle The round was led by Coatue Management and Ribbit Capital,...

NEW DELHI: Bijak, a B2B platform for agricultural commodities, … said it has raised $12 million (Rs 91 crore) from investors including RTP Global to enhance its technology team and roll out new features… Gurugram-based Bijak is a platform that gives agricultural commodity buyers and sellers better p...