Online fresh meat brand Licious… said it has raised $30 million as part of its Series E funding round led by Singapore-based Vertex Growth Fund. Existing investor 3one4 Capital, Bertelsmann India Investments, Vertex Ventures Southeast Asia and India, and Sistema Asia Fund also participated in the ro...

RecruVia, a legal tech and recruitment startup has secured an undisclosed amount of funding from a clutch of foreign and Indian-based investors. The company will utilise the fresh funds towards completing the development of its software-as-a-service (SaaS) self-learning recruitment search engine tha...

Terna S.p.A. (“Terna”) signed an agreement to acquire 90% stake in the share capital of Brugg Kabel AG (Brugg Group), one of the leading operators in the underground-cable sector, designing, developing, creating, installing and maintaining electrical cables of all voltage levels and accessories for ...

Abu Dhabi Commercial Bank (ADCB) has agreed to sell the majority of its banking portfolio in India to DCB Bank as it plans to exit all operations in India. The bank … said the decision “will have no impact on profitability” and is part of its strategy to focus on its home market, the UAE. — Gulfnews...

Rahul Saha, an NUJS Kolkata 2008 graduate, has been promoted to partner at US-international law firm Willkie Farr & Gallagher in London.

Online e-sports streaming and community platform Rheo TV has raised $2 million in seed funding led by Sequoia Capital India’s rapid scale-up programme, Surge, Lightspeed, and marquee angels. — Yourstory GameChanger Law Advisors advised Rheo TV led by a team of partner Aditya Shamlal , senior associa...

Food delivery and restaurant discovery startup Zomato has raised Rs 353.58 crore from Antfin Singapore Holding Pte. Ltd, an existing shareholder in the company. The Gurugram-based firm allotted 11,777 class J compulsorily convertible preference shares for this funding, according to financial data ac...

Uber will get a 10% stake in Zomato in a deal that values Uber Eats at $300-350 million, a person familiar with the matter said on condition of anonymity. In January, Zomato raised $150 million in fresh capital at a valuation of $3 billion from existing investor Ant Financial. — Mint AZB & Part...

Siemens investment arm Next47 has made its first direct investment in India, in a $9 million round in supply chain management software provider Pando. The round was led by Chiratae Ventures, along with existing investor Nexus Venture Partners. — The Economic Times Samvad Partners advised the Siemens...

Piramal Enterprises Limited will sell Decision Resources Group (DRG) - its healthcare insights & analytics business to the US based Clarivate Analytics plc, for $950 million. PEL DRG Dutch HoldCo BV, a 100% subsidiary of PEL & the holding company for DRG, has signed a definitive agreement ...

Exclusive: The measure may end in a few weeks rather than going until March after fee-earners, partners displeased.

Cyril Amarchand Mangaldas (CAM) principal associate Rashi Saraf has re-joined IndusLaw, where she had worked six years ago, as a partner.

Tanglin Venture Partners, a $50-million fund floated by former Tiger Global executives Ravi Venkatesh and Edwina Yeo, has invested around ₹40 crore in home appliances brand Lifelong Online, its first funding in India. The round includes a mix of primary and secondary infusion, people familiar with t...

Business-to-business (B2B) food commodity marketplace TechnifyBiz said it has raised over $2 million (Rs 14 crore) in its seed round of funding. — VCCircle Desai & Diwanji advised Omnivore Partners India Fund 2 and Insitor Impact Asia Fund Pte. led by partner Siddharth Mody , with a documentati...

Canada’s Brookfield Asset Management Inc is set to acquire two wind farms from Hyderabad-based Axis Energy Ventures for Rs 500 crore, two people aware of the development told ET. This would be Brookfield’s first direct acquisition in the renewable energy space in India. — The Economic Times AZB ...

Scooter rental startup Bounce is having a ball. Within six months of raising $72 million, the Bengaluru-based venture has raised $97.5 million in a Series D round led by Accel Partners and B Capital. Existing investors, including Chiratae, Sequoia Capital, Omidyar and others also participated in the...

Syncsort, the global leader in Big Iron to Big Data software, today announced it has signed a definitive agreement to acquire Pitney Bowes’ Software Solutions business. Together, Syncsort and the Pitney Bowes software & data business becomes one of the largest data management software companies...

Lyon, FRANCE & Mangalore, INDIA: Solvay, a world-leading producer of flavour and fragrance ingredients, and Anthea, a leading manufacturer of specialty chemicals in India, have recently concluded an agreement to establish a joint venture named CATàSYNTH Speciality Chemicals, dedicated to the pr...

After three months of serving out his notice, Shardul Amarchand Mangaldas (SAM) Delhi partner Anuj Prasad will join national rival Cyril Amarchand Mangaldas (CAM) as partner and the firm’s (first) head of its new aerospace and defence sector group.

Cyril Amarchand Mangaldas (CAM) principal associate Abir Dey is joining L&L Partners in Mumbai in its banking and finance practice.