The housing finance major has entered into a share purchase agreement for sale of 44,12,000 equity shares, representing 0.62% of the issued and paid-up share capital of HDFC ERGO. The stake sale is being done in accordance with the direction of the Reserve Bank of India requiring HDFC to reduce its ...

Edtech startup Teachmint said it has raised $16.5 million in Series A funding led by Learn Capital. Existing investors Lightspeed and Better Capital also participated in the round, along with CM Ventures. The fresh infusion of capital is expected to be used for hiring talent, R&D on teaching te...

Juris Corp has promoted three to partner, and two each to counsel, principal associate and senior associate respectively.

The general counsel (GC) of Tata Sons, Shuva Mandal, is set to exit for Mumbai-based start-up law firm Anagram Legal, which we understand he has been instrumental in setting up, according to three sources with authoritative knowledge of the news.

C redit Suisse Mumbai-based in-house counsel Swagata Bhattacharya has been appointed as the multinational bank’s new head of legal for India. She takes over the role from Sapna Bhawnani , who has been acting as interim India legal head after she had been promoted as head of legal for South Asia at C...

VeGrow has raised $2.5 million in seed funding led by Matrix Partners and Ankur Capital, as the aggregator of small farms looks to bring economies of scale to Indian farmers using technology. Better Capital, Titan Capital, Sanjiv Rangrass, CEO of ITC’s agri business, Cloudnine founder Rohit MA, Livs...

Fairtrade regulator on Tuesday said it has approved a combination proposal filed jointly by Keihin Corporation, Nissin Kogyo Co. Ltd., Showa Corporation and Hitachi Automotive Systems Ltd to form a joint venture between Honda Motor Co Ltd (HAMCL) and Hitachi Ltd. — Business Standard The transaction ...

Wealth management platform INDwealth, founded by Ashish Kashyap, the former chief executive of travel portal Ibibo, said on Thursday that it has raised $15 million in funding from US-based investment fund Tiger Global Management, one of India’s most prolific technology startup investors. — Mint AZB ...

Acquisition by Everstone of a significant stake in Integris Health Private Limited and TTL from its existing promoters, according to reports . AZB & Partners advised Translumina Therapeutics LLP , a wholly owned subsidiary of Integris Health Private Limited led by a team of partners Gautam Saha...

SRF … informed the exchanges of the transfer of its plastics business to DSM India Private Limited. In accordance with a business transfer agreement entered into between the company and DSM India on May 11, the engineering plastics business has been divested to DSM India from August 1, it added. — H...

Freightos India and Freightos HK acquired Air Freight Bazaar Private Limited’s database, trade secrets and other related assets and set up operations in India. Our team provided complete legal assistance and support right from the revision of the documents, negotiations, execution and closing and po...

In the single largest foreign investment in India’s clean energy space, ORIX Corp. is set to invest $980 million in Greenko Energy Holdings; the Japan’ financial services firm said in a statement. The deal will also add 873 MW of Orix’ operating wind assets to Hyderabad-based Greenko’s portfolio, an...

Delhi-based Gamezop , a multi-game platform has raised Series A funding of Rs 32 crores ($4.3 million) from Bitkraft Ventures, Velo Partners, and FJ Labs. — YourStory Other investors involved in the funding round were AECAL Asian E-Commerce Alliance GmbH and Suvam Partners. Khaitan & Co advised...

FGV Trading Sdn Bhd (FGVT) has signed a joint venture agreement with Hyderabad based Pre-Unique India Pvt Ltd (PreU) to form a joint-venture (JV) company to be based in India. FGVT is a subsidiary of FGV Plantations Sdn Bhd which in turn is a wholly owned subsidiary of FGV Holdings Berhad (FGV). FGV...

“ReshaMandi, an agritech startup digitising India’s silk supply chain, … announced that it has raised $1.7 million (Rs 12.25 crore) in seed funding. The round was led by Omnivore and Strive Ventures with participation from Axilor Ventures and Supply Chain Labs (Lumis).”, as reported by Yourstory Lak...

Malaysia-bbased oil and gas company and member of the Petronas group, Amplus, has executed contracts to acquire 17 on-site rooftop solar projects, across 5 states in India, from Sterling & Wilson with a total capacity of 7.2 MW. These projects supply power to 13 leading industrial, commercial, ...

Augmented reality start-up Adloid has partnered with the world’s largest two-wheeler maker … for the launch of virtual showroom, which can be accessed by a customer through smartphones, tablets and similar devices, a statement said on Thursday. — Mint Ikigai Law advised Adloid led by a team of senio...

Aceto, a global provider of speciality materials for life sciences and advanced tech end-markets, today announced the acquisition of a majority stake in Indian firm Finar Ltd. — VCCircle Finar is a life sciences company, having its GMP certified manufacturing base at Ahmedabad, Gujarat, India, and i...

Khaitan & Co has announced that it would open an office in Chennai later this year with a relocation from Mumbai and the hiring of dispute resolution independent counsel Arva Merchant as a local partner in the city.

“CDC Group, the UK’s development finance institution and impact investor, NIIF and EverSource Capital managed GGEF announced additional equity funding of USD 70 million, USD 284 million and USD 36 million respectively in Ayana Renewable Power (Ayana), a leading Indian renewable energy platform, a st...