New Delhi: Leading media firm Amar Ujala Ltd has acquired a majority stake in Cygnus Medicare, which operates a chain of super specialty hospitals, for around Rs 130 crore as part of its expansion plans in the healthcare segment. Cygnus Medicare currently has more than 1,000 beds across its 10 super...

Prime Venture Partners has led a Rs 11.3 crore investment round in Sunstone Eduversity, an educational technology (edtech) startup offering higher education programs. LetsVenture, PS1 Ventures, and early stage investor Rajul Garg participated in the seed funding round. — Mint Vertices Partners advis...

Jitesh Shahani has on Monday joined L&L Partners from the Singapore office of Allen & Overy (A&O), three months after we had first reported his impending move in August.

Amica Financial Technologies, started by Jitendra Gupta, former founder of payments firm Citrus Pay, which was acquired by PayU, has raised a seed funding round of $24 million, valuing it at $70 million even before it has launched its product, said two people aware of the matter, requesting anonymit...

Private equity firm Advent International (Advent) has signed a definitive agreement to acquire a majority interest in Bharat Serums and Vaccines Limited for an undisclosed sum. Bharat Serums is a biopharmaceutical player in women’s healthcare, assisted reproductive treatment, critical care and emerg...

US-international firm Goodwin Procter Hong Kong-based private equity partner Abhishek Krishnan, who is a 2009 NLSIU Bangalore graduate and had joined the firm in 2015, was promoted to partnership at the US firm last month as part of a group of 33 new global partners.

The all-equity partnership of Trilegal has elected to hire Cyril Amarchand Mangaldas partner Joseph Jimmy as a partner in banking and finance in Mumbai, growing its partnership to 54.

Shardul Amarchand Mangaldas (SAM) is set to bulk up its Mumbai corporate strength with J Sagar Associates (JSA) partner Jamshed Bhumgara.

Shardul Amarchand Mangaldas (SAM) Delhi-based equity partner Anuj Prasad has resigned.

G autam Khaitan, the founding partner of OP Khaitan & Co who has been in-and-out of jail since 2014 fighting Rs 160 crore money laundering charges in connection with the AgustaWestland case, doesn’t seem to be able to catch a break. The Central Bureau of Investigation (CBI) and Enforcement Dire...

Dvara KGFS on Wednesday announced that it had raised Rs 70 crore from Nordic Microfinance Initiative (NMI) in the final phase to the Series E round of equity infusion. “We look forward to partner with NMI and tap into their significant experience in financial inclusion both in India and overseas,” s...

Vijay Shekhar Sharma, Founder of Paytm, India’s top digital payments firm, invested an undisclosed amount in a Mumbai-based startup Kawa Space in its Pre-Series A funding. Earlier, Bengaluru and Chennai-based SpecialE invested a disclosed funding in the startup. — Yourstory Saakshya Law Advocates &#...

UrbanPiper Technology Pvt. Ltd, a software-as-a-service platform that enables online ordering for restaurants, said on Wednesday it has raised $7.5 million (Rs 68 crore) in its Series A round of funding led by Tiger Global Management and Sequoia Capital. — VCCircle Khaitan & Co advised Urbanpip...

Iluminar Media, which owns and operates Little Black Book (LBB) a platform to find and shop from local brands and businesses said it has raised $ 5 million in Series A led by Inventus India and IAN Fund. Japanese investors Dream Incubator and Akatsuki Entertainment Technology (AET) Fund, and existin...

Rainshine Entertainment Private Limited invested in a media company and development platform Medverve Impact Ventures Private Limited (“ATS”), according to Jerome Merchant & Partners. ATS is in the business of producing original journalism, documentaries and narrative non-fiction content across...

Telecom operator Bharti Airtel and Hughes Communications India Ltd (HCIL) Tuesday announced they will combine their VSAT (Very Small Aperture Terminal) satellite operations in the country. HCIL is a subsidiary of broadband satellite networks and services provider Hughes Network Systems. — The Econom...

Muthoot Finance has commenced pricing of its three-year dollar-denominated bonds on Monday with the initial price target on the paper coming in at 6.375%. “The firm could be looking to raise anywhere between $300-450 million. The final price is likely to come down fairly from the initial guidance of...

While last-mile connectivity on four or two wheels is inexpensive, little known Loca Rides is claiming to provide cab option cheaper than a bike ride. The solution appears to have impressed the early-stage investors as well. The Bengaluru-based startup, mainly for metro passengers, has picked up $1 ...

Fyle, a startup which provides expense management software, said on Thursday that it has raised $4.5 million led by US-based hedge fund Steadview Capital. Existing investors Tiger Global, Freshworks, and Pravega Ventures also participated in the round. — Mint L&L Partners advised Steadview Capi...

On 10th October, Sunil Subramaniam, CEO, Sundaram Asset Management Company announced the sale of the Registrar and Transfer Agent (RTA) business Sundaram BNP Paribas Fund Services Ltd to Karvy Fintech Pvt Ltd. Although the business has been sold, the company Sundaram BNP Paribas Fund Services will c...