Bengaluru-based NoBroker Technologies Solutions Pvt. Ltd has acquired property operations platform Society Connect for assimilation into its community management service, the real estate startup said in a statement on Tuesday. — VCCircle Samvad Partners advised NoBroker Technologies Solutions Privat...

Gurugram-based Apollo Tyres on Wednesday said global private equity firm Warburg Pincus will invest $150 million in the company. The board of Apollo Tyres has approved issuance of compulsorily convertible preference shares worth Rs 10,800 million (about $150 million) to an affiliate of Warburg Pincu...

Mid-market growth capital firm Amicus Capital has invested Rs 70 crore (nearly $10 million at current exchange rates) in Berar Finance Ltd, which runs a two-wheeler-focussed financing unit. — VCCircle J Sagar Associates advised Amicus Capital led by a team of partners Vikram Raghani and Bir Bahadur ...

Ikigai helps Indonesian startup Raena setup by Indian founder, raise US$1.8 million from Beenext, according to reports . Raena, an Indonesian startup that helps social media influencers launch their own e-commerce brands, announced today that it has raised $1.82 million in seed funding. The round wa...

UK-based Inflexion Private Equity (“Inflexion”), a mid-market private equity fund with a portfolio of more than 70 operating companies around the world, has bought Pharmaspectra LLC, which provides scientific knowledge services for the medical and pharmaceutical industry. Inflexion is pleased to ann...

Acquisition by Footpath and other investors of compulsorily convertible preference shares in excess of 10% share capital of Trustroot Internet, according to reports . Bengaluru | Mumbai: Udaan, an online marketplace that caters to small businesses, is close to raising around $500 million in fresh fu...

Four law firms have bagged what could be the last big initial public offering (IPO) in a long while, considering the damage the COVID-19 pandemic is wreaking across global financial markets, picking up roles on the short-lived blockbuster SBI Cards and Payments Services subsidiary of State Bank of I...

MeraKisan Private Ltd., a part of the $20.7 billion Mahindra Group, and a player in the organic agri business market, with a focus on organic food supply chains, today announced its partnership with Ajinkya Rahane, Vice-Captain of the Indian Test Cricket team. As part of this partnership, Ajinkya ha...

Nineroot Technologies Pvt. Ltd, which runs a small business-focussed financial technology startup Chqbook.com, has raised $5 million (approximately Rs 36.39 crore at current exchange rates) in its Series A funding from Aavishkaar Capital. — VCCircle Jerome Merchant + Partners advised Aavishkaar Capi...

BENGALURU : Fintech platform SuperMoney has raised $1 million (Rs7 crore) from early-stage investor Unitus Ventures.

— Mint

Samisti Legal LLP advised Super Money led by a team of partner Prashant Jain, principal associate Anita Dugar.

2020-02-06

Deal value: $1m

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Fresh-produce distributor Waycool Foods & Products Pvt. Ltd has raised Rs 227 crore ($32 million) in a combination of equity and debt funding led by venture capital firm Lightbox. — VCCircle Khaitan & Co advised Lightbox Ventures III led by a team of partner Vivek Sriram , associate Muruga...

CDC Group Plc, the UK government’s development finance institution, has made an equity investment of $36 million (Rs 255.36 crore) in Warburg Pincus-backed logistics firm Ecom Express Pvt. Ltd. — VCCircle AZB & Partners advised Ecom Express Private Limited and Warburg Pincus group led by a team...

Mumbai-based India legal head of payments provider Ingenico Group, Tushar Tarun, is joining online payments start-up Razorpay as its director legal.

Argus Partners has hired independent practitioner Suchita Ambadipudi as a partner in Bangalore. She is a 2007 NLSIU Bangalore graduate who specialises in corporate law, having been running her own practice since 2016 after leaving Cyril Amarchand Mangaldas Bangalore (with prior gigs at S&R Asso...

From today, nearly all of Khaitan & Co lawyers and support staff will officially have the option of working from home, in a bid to reduce the risk of spreading the novel coronavirus (COVID-19) amongst its workforce.

Srabonee Roy, who had joined Samvad Partners as a partner a year ago, has joined Veritas Legal in its corporate practice.

J Sagar Associates (JSA) has promoted three of its non-salaried partners into its equity partnership circle that is now 37 strong. Arka Mookerjee, finance, capital markets; Mumbai; LLB: University of Pune 2006.Roy Chowdhury corporate, M&A, private equity and finance, fintech; Bangalore; LLB: SLS Pune 2004.Tony Verghese corporate, M&A and private equity practice; Bangalore; LLB: Bangalore University.

CAM acted for the investors propping up the bank, advised by AZB; Yes had been in intensive care since the Reserve Bank of India (RBI) had put the company on a moratorium on 5 March, which is now set to end in three days following the resolution. AZB & Partners advised Yes Bank Limited (“Bank”)...

Apart from being early out of the gate in advising clients on the potential legal fall-out of the global pandemic of the novel coronavirus SARS-CoV-2 (causing COVID-19), India’s law firms have been beginning taking a number of measures to deal with an expected spike in reported infections, including one firm stress-testing its “work from home” (WFH) arrangements.

K Law has hired Krishna Dipayan Dash as an associate partner. Dash had gone been a principal associate at Anoma Legal until March 2019, when he went independent as a lawyer, according to his Linked-in profile. Dash specialises in banking and finance and is joining K Law’s Mumbai office. Dash is a 20...