4th corporate partner to exit LKS in last year but firm vows continuing organic, inorganic growth

J Sagar Associates (JSA) has hired Shafaq Uraizee Sapre as a Mumbai-based retained partner from Lakshmikumaran & Sridharan (LKS).

Scoop: He joins the mortgage giant as its legal head

Dua Associates has hired Lakshmikumaran & Sridharan (LKS) dispute resolution partner Ganesh Chandru and his team of four lawyers in Delhi.

Kochhar & Co has rehired former resident partner Rajarshi Chakrabarti, who had spent eight years since working in-house and starting up a firm, this time as a senior resident partner.

Debevoise & Plimpton London-based associate Shashwat Patel has moved to London-headquartered corporate firm Simmons & Simmons as counsel and UK corporate head of its India group.

Delhi-based Jindal Defence, part of O P Jindal Group, today announced its foray into small arms manufacturing in India via a joint venture (JV) agreement with Taurus Armas S.A., of Brazil. — Business Standard ALMT Legal Bangalore advised Taurus Armas SA led by a team of partner Rajat Bopaiah , and a...

Chalet Hotels Limited (Chalet), today signed a Share Purchase Agreement (SPA) for the purchase of Belaire Hotels Private Limited (BHPL), owner of Novotel Pune Nagar Road Hotel and its affiliate entity Seapearl Hotels Private Limited (SHPL) based on an aggregate enterprise value of ~Rs.290 crore. — E...

New Delhi: Realty firm Indiabulls Real Estate Ltd has agreed to sell commercial projects in Mumbai and Gurugram to global investment firm Blackstone for an enterprise value of ₹810.7 crore. — Mint J Sagar Associates advised Indiabulls Real Estate Limited led by a team of partners Lalit Kumar and Bha...

Rahul Awasthi Park+, which is looking to digitise parking across India, has raised $11 million in a financing round co-led by venture capital funds Sequoia India and Matrix Partners India. Prominent angel investors, including Deep Kalra, Rajesh Magow, Ashish Hemrajani, Kunal Shah, Kunal Bahl and Roh...

Identity Access Management provider Unotech Software has raised a Series A round of funds worth $2 million with participation from promoter of Asian Paints, Manish Choksi, who is a Non-Executive - Non Independent Director at the company and also an active investor in startups. Co-Founder of Mosaic C...

ProEves, an aggregator of preschool and daycare centers owned by New Delhi-based Proeves Solutions, has raised an undisclosed sum in its seed round led by 1Crowd. — Techcircle Legasis Partners advised 1 Crowd Fund led by a team of partner Apurv Sardeshmukh , senior associate Mugdha Joshi , associate...

Exclusive: 10+ year Trilegal partner leaves to look for solutions outside of the law to help make his city more sustainable and resilient%%

Generico, a pharmacy retail chain which sells low-cost generic medicines, has raised $14 million (around Rs 100 crore) in a new funding round led by venture capital firm Lightbox. — VCCircle DSK Legal advised Lightbox Ventures III led by a team of partner Hemang Parekh , principal associates Jayesh ...

JSW Bengaluru Football Club Private Limited has entered into a club partnership with Rangers Football Club, one of the oldest football clubs in the world and the current leaders of the Scottish Premiership, to share expertise, facilities, goodwill, knowledge and resources to enhance the quality of f...

Delhi-based live sports engagement platform Rooter has raised Rs 3.5 crore in funding from leAD Sports Accelerator Programme. — Yourstory Ahlawat & Associates advised Rooter Sports Technologies Private Limited led by a team of partner Uday Singh Ahlawat and associates Sheena Ogra and Gitika Koh...

Robotics deep-tech startup CynLr … said it has raised Rs 5.5 crore ($778,900) in its seed round of funding led by venture capital firms Speciale Invest and Arali Ventures. — VCCircle Saakshya Law Advocates & Solicitors advised Speciale Invest Fund I & Arali Ventures via Arali Investment Tr...

Marathon Edge, the private equity fund set up by former Bain Capital principal Nikhil Raghavan, has agreed to invest up to $10 million (Rs 69.45 crore) in retail software platform Ginesys. — VCCircle Kochhar & Co advised Ginni Systems Limited , operating as Ginesys , led by a team of partner Sa...

Indian Railway Finance Corp, the market borrowing arm of the Indian Railways, has filed a draft prospectus with the Securities and Exchange Board of India (SEBI) to float an initial public offering. — VCCircle Khaitan & Co advised Indian Railway Finance Corporation Limited , via the Government ...

France-based Imerys Group, a company into mineral-based specialities, has signed an agreement to acquire Hyderabad Industries Ltd’s (HIL’s) thermal insulation business for ₹80 crore in an all-cash deal. HIL is a part of the $1.6-billion CK Birla Group. — Hindu Business Line Khaitan & Co advised...