Corporate
AZB acts on India leg of US’ Genpact buy of Chicago’s Rightpoint digital consultancy
Genpact said it would buy digital consultancy Rightpoint, for an undisclosed amount, as the business process management company looks at boosting its ability to win digital transformation projects. Chicago-based Rightpoint was founded in 2007 and focuses on customer experience. — The Economic Times ...
Samvad, D&D act on Green Agrevolution on $12m 1 April, Series A fundraise
Green Agrevolution Pvt. Ltd, which operates agricultural technology startup DeHaat, said on Tuesday it has raised $12 million (Rs 90.75 crore at current exchange rates) in a Series A funding round. — VCCircle Samvad Partners advised Green Agrevolution Private Limited led by a team of partner Natasha...
Trilegal, AZB, SAM, Tatva act on $22m Series D in Ummeed from Morgan
Bengaluru: Ummeed Housing Finance Pvt. Ltd has raised ₹164 crore in a Series D equity round led by a fund managed by Morgan Stanley Private Equity Asia. — Mint Trilegal advised Morgan Stanley Private Equity Asia led by a team of partner Kunal Chandra , counsel Harshil Dalal , senior associate Akshat...
DMD, AZB act on AnyMind’s buy of Singapore-Mumbai’s Maiden Marketing video ads platform
Singapore-based AnyMind Group has fully acquired app-developer-focussed mobile video advertising and monetisation platform Pokkt. — VCCircle DMD Advocates advised AnyMind Group Limited. led by a team of partner Sumit Sinha and senior associate Srikant C V . Also involved on due diligence of the Indi...
Samisti acts on $1m SuperMoney’s fintech early stage fundraise
Fintech platform SuperMoney has raised $1 million (Rs7 crore) from early-stage investor Unitus Ventures.
— Mint
Samisti Legal LLP advised
Deal value: $1m
2020-02-06
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Khaitan acts for successful consortium on Ricoh India insolvency buy
IT peripherals and services firm Ricoh India has renamed itself as Minosha Digital Solutions, a top company official said on Monday. A consortium, led by investor Kalpraj Dharamshi and Rekha Jhunjhunwala, has taken over the company following the National Company Law Tribunal’‘s (NCLT) approval. — Ou...
AZB acts for Visa on Series D investment in PayMate (Jul ‘19)
PayMate has announced that it has successfully raised a new round of growth capital to accelerate expansion within India and internationally to Central and Eastern Europe, Middle East, and Africa (CEMEA). Investors in this Series D round include Recruit Strategic Partners (Venture capital Arm of Rec...
Post $3.8bn lockdown-M&A closing, in-housers Wadhwa, Jain, Baliga fan out between GSK, HUL, Bayer
After the $3.8bn blockbuster acquisition of 2018 in which Hindustan Unilever Limited (HUL) acquired GSK India’s nutrition business, the involved legal teams have seen a major restructuring.
SAM, AZB, CAM deliver $19.4m babycare brand MamaEarth series D from Sequoia, others
Online baby care brand Mamaearth has raised ₹130 crore (about $18.14 million) in a round led by Sequoia Capital India, the company said on Wednesday. Existing investors Fireside Ventures, Stellaris Venture Partners and Sharp Ventures also participated in the round. — Mint Shardul Amarchand Mangaldas...
L&L in existing investor role on $50m Ninjacart fundraise from Walmart, Flipkart
US retail giant Walmart and Flipkart on Wednesday said they will jointly invest in Bengaluru-based business-to-business (B2B) supply chain company, Ninjacart. The three partners aim to help ensure better access to high-quality fresh produce for retailers and consumers across India while also creatin...
Legasis acts on $1.5m ore-Series A of StanPlus Tech med-tech player
StanPlus Technology Pvt. Ltd, which operates a startup focussed on medical response solutions for large hospitals, has raised $1.5 million (approximately Rs 11.13 crore at current exchange rates) in pre-Series A funding. — VCCircle Legasis Partners advised Pegasus Finvest led by a team of partner Ap...
Spice Route, JSA act on $2m IoT-tech start-up WeGot Utilities’ seed round (Sep ‘19)
IoT-based startup WEGoT on Wednesday said it has closed $2 million as part of its seed funding, led by GoFrugal, Shyam Shekar (Founder of iThought), and Brigade Enterprises Ltd. — Yourstory Spice Route Legal advised WeGot Utilities led by a team of partner Mathew Chacko , with lawyers Aishwarya Pras...
AZB acts on $13.8m Excel Industries buy of NetMatrix (July ‘19)
Excel Industries Ltd, India’s first domestic chemical manufacture industry will acquire the chemical manufacturing unit of NetMatrix Crop Care Limited according to a meeting between the Board of Directors of Excel Industries […]. The meeting approved the acquisition of a chemical manufacturing unit ...
JSA, MoFo, TTA, Links, A&O do $200m SGX-listed Lodha notes issue
New Delhi: Realty firm Lodha Group on Friday said its UK subsidiary has raised $200 million (around Rs 1,473 crore) through issuance of bonds in the Singapore market and the amount will be used to repay debt. Lodha Developers International launched $225 million bond-issue on February 27. — The Econo...
AZB boosts Mumbai banking with WG’s Gautam Ganjawala & team
AZB & Partners has hired Wadia Ghandy partner Gautam Ganjawala as a partner in its Mumbai finance practice with a team of two senior associates.
S&R, CAM act on $118m Prestige Estates QIP
S&R Associates represented ICICI Securities Limited, the , in the INR 4.6 billion qualified institutions placement of equity shares by Prestige Estates Projects Limited, a leading real estate developer in India, according to reports . Prestige Estates, the leading real-estates development compa...
AZB acts for HDFC on $196m HDFC buy of Apollo Munich insurance
Mortgage lender HDFC on Thursday said it has completed the acquisition of majority stake in Apollo Munich Health Insurance for ₹1,495.81 crore. — Mint AZB & Partners advised HDFC Limited led by a team of partners Ashwath Rau , Rajendra Barot , Kashish Bhatia and Arvind Ramesh , senior associate...
Mani Chengappa acts on $0.7m pre-Series A for ExtraaEdge ed-tech SaaS in Jan
ExtraaEdge Technology Solutions Pvt. Ltd, an ed-tech startup, has raised $700,000 (approximately Rs 5 crore at current exchange rates) in its pre-Series A funding round. — VCCircle Mani Chengappa & Mathur advised Sprout Venture Partners-I led by a team of partner Samuel Mani , senior associate ...
L&L acts for Tencent with JSA on $156m Swiggy Series I (!)
Bundl Tecnhologies Private Limited, operating as Swiggy has has raised further funds as part of its Series I funding round, with the current tranche led by Chinese investors Tencent, with Ark Impact Investments, Korea Investment Partners, and MACM India Growth Fund also participating. The total Seri...
Juris Corp founders give equity ownership to 5, hope to become minority • Firm strong enough to ‘absorb’ a crash
Exclusive: Firm in strong financial position to weather possible future storms: H Jayesh