J Sagar Associates (JSA) retained partner Sujoy Bhatia has moved to Chandhiok & Mahajan as a partner and to head up its corporate practice, as first reported by Bar & Bench.

Online gaming firm Zupee has raised $8 million in its Series A funding round led by Matrix Partners India as it looks to expand its user base. Falcon Edge Capital, WestCap Group, Orios Venture Partners and Zupee’s early stage investor Smile Group also participated in the latest round. — The Economic...

J Sagar Associates (JSA) Bangalore salaried partner Arjun Perikal has joined Shardul Amarchand Mangaldas in the city earlier this month.

The government completed strategic sale of Kamarajar Port Ltd to Chennai Port Trust, it said in a statement Friday, where it sold 74.49% stake for Rs 2,383 crore. The announcement followed strategic sale of state owned power companies THDC and NEEPCO Friday, which netted the government Rs 11,500 cro...

Private equity firm True North has agreed to acquire Glenmark Pharmaceuticals Ltd’s gynaecology business in India and Nepal for Rs 115 crore (about $16.2 million) in cash. — VCCircle Cyril Amarchand Mangaldas advised Glenmark Pharmaceuticals Limited led by a team of partner Manisha Kumar , and senio...

Alkem Laboratories Limited informed the markets … that the company has acquired an undertaking, as a whole and on a going and running concern basis from Cachet Pharmaceuticals Private Limited, a subsidiary of the company. The cost of acquisition is Rs. 51,85,00,000. — DSIJ Alkem Laboratories Limited...

Japanese conglomerate Marubeni Corporation has agreed to invest in a residential project of Mumbai-based developer Wadhwa Group, marking its maiden deal in India’s real estate sector. Tokkyo-based Marubeni said in a statement it is investing in the Atmosphere housing project via non-convertible debe...

Bengaluru-based Cue Learn, which owns after-school math education platform Cuemath, will raise $5.5 million in a Series B round from new investor Manta Ray Ventures and returning investors CapitalG and Sequoia Capital India. — Techcircle Saakshya Law Advocates & Solicitors advised Cue Learn Pri...

Beauty and fashion retailer Nykaa has raised Rs 100 crore from existing investor Steadview Capital, a UK-based hedge fund, the company said early on April 1, hours after it suspended operations across the country. — Moneycontrol AZB & Partners advised FSN E-Commerce Ventures Private Limited , o...

J Sagar Associates’ (JSA) dispute practice partners have unanimously elected Mumbai-based equity partner Varghese Thomas and Delhi-based equity partner Dheeraj Nair to co-head the disputes practice.

IndusLaw has hired Mayank Mishra as a disputes partner from J Sagar Associates (JSA) Delhi.

Pidilite Industries, the makers of popular homegrown adhesive brand Fevicol, has led a $40 million funding round in online furniture retailer Pepperfry, as it looks to make strategic bets in new-age companies to complement its core product offering. In December, Pidilite co-invested $30 million in o...

ArcelorMittal India Private Limited acquired Odisha Slurry Pipeline Infrastructure Limited through the corporate insolvency resolution process conducted under the Insolvency and Bankruptcy Code, 2016. The National Company Law Tribunal (NCLT) has approved a Rs 2,359-crore bid of ArcelorMittal India f...

MUMBAI: Centrum Housing Finance Ltd … said a fund managed by Morgan Stanley Private Equity Asia has agreed to invest ₹190 crore to acquire a significant minority stake in the affordable housing finance company. — Mint Trilegal advised NHPEA Kamet Holding B.V., a private equity fund managed by Morgan...

New Delhi: Max Estates, the wholly owned subsidiary of Max Ventures and Industries, has formed a 51:49 joint venture with New York Life Insurance, the largest mutual life Insurance company in the United States, to develop a commercial real estate project in Noida. The Rs 400 crore project, with a bu...

In the first instance of resolution of a stressed power asset outside the insolvency and bankruptcy code (IBC) mechanism where the promoters have retained management control, a consortium of lenders led by Power Finance Corporation (PFC) has agreed to take a 38% haircut against their exposure of Rs ...

Xander Investment Management, the private equity real estate arm of global investment firm The Xander Group has acquired 100% interest in Weikfield IT Citi Info Park in Pune’s Viman Nagar for $130 million or Rs 900 crore. The 1.1 million-sq-ft commercial office park is leased to diversified tenants ...

South Asia- and Africa-focused healthcare delivery platform Evercare, a portfolio company of TPG’s The Rise Fund, has acquired Bangladesh-based Apollo Hospitals Dhaka for BDT10b (approximately USD118m). — Empea Desai & Diwanji advised STS Holding Ltd. (Promoter of Apollo Hospitals-Dhaka) led by...

M3 Global Research […] announced the acquisition of Manthan’s healthcare market research business. This bold move facilitates further growth for M3 and consolidates its position as the leading healthcare market research provider. Headquartered in Bangalore, India, with offices in USA, Singapore, and...

New-Delhi based fintech platform BharatPe has raised $75 million in a Series-C financing round, TechCrunch reported on Monday. — Hindu Business Line Antares Legal advised Resilient Innovations Private Limited , operating as BharatPe , led by a team of senior associate Surbhi Kothiala with founding p...