Fintech startup Rupeek has raised $30 million, led by Bertelsmann India Investments, with participation from existing investors Accel and Sequoia India. The funding is expected to be completed in two tranches, and will be used for product development and market expansion. Rupeek disburses gold loans...

Regional language social networking platform ShareChat has completed a $100 million (about Rs 718 crore) equity financing round led by microblogging site Twitter, with participation from private equity firm TrustBridge Partners, the Bengaluru-headquartered company said… Twitter’s investment in Share...

JSA, Ikigai advise on co-working operator CoWrks’ acquisition of The UnCube, according to reports . Coworking operator CoWrks … announced the acquisition of The UnCube, which provides on-demand workspace solution… After the acquisition, CoWrks will rename the combined entity to CoWrks Go. At present...

Mumbai corporate partner Dhruv Singhal, who had joined AZB & Partners with Ashwath Rau from Cyril Amarchand Mangaldas (CAM) in 2016, is set to leave the firm in the coming weeks.

Former HSA Advocates managing partner Amitabh Sharma, who had resigned in April from the role, has started up a new law firm called LexRidge Partners, with former Lakshmikumaran & Sridharan partner Vikas Kumar and former AZB senior legal counsel Naved Askari, according to the firm’s press release.

MyMoneyMantra, an omni-channel financial services distributor, has raised $15 million (₹104 crore) of private equity funding from Dutch investment firm IFSD BV, in lieu of 30 per cent stake. — Hindu Business Line Solomon & Co advised Vaalon Capital (GP) No 1 Limited led by a team of managing pa...

Reliance Industries said its Reliance Industrial Investments & Holdings subsidiary has agreed to invest Rs 295.25 crore in Mumbai-based Fynd, in a deal that would see early backers Google, Venture Catalysts and Kae Capital exiting the retail-focused startup. In a filing with the Bombay Stock Ex...

Tata Global Beverages Ltd (TGBL) has entered into an agreement to acquire the branded tea business of Dhunseri Tea & Industries Ltd for about ₹101 crore. — Hindu Business Line Khaitan & Co advised Dhunseri Tea & Industries Limited led by a team of partner Haigreve Khaitan , partner An...

Road developer IRB Infrastructure Developers Ltd on Tuesday said Singapore’s sovereign wealth fund GIC is investing ₹4,400 crore in its road platform. — Mint IRB will transfer nine of its road assets to a newly-created private Infrastructure Investment Trust (“InvIT”) under SEBI regulations, in whic...

Trilegal Gurgaon-based partner Ravindra Bandhakavi has resigned from the firm.

Manan Lahoty, the Mumbai-based head of L&L Partners’ capital markets practice, is due to leave the firm and join IndusLaw with a team of four other capital markets partners, we have reliably learned.

S amvad Partners has hired Nisha Mallik , former associate partner at Themis Associates who had left in March of this year. She joined Samvad this month in Mumbai, as Samvad Partners ’ 15 th partner. Before Themis she worked at Sand Hill Counsel. The 2006 SLS Pune graduate specialises in venture cap...

K Law partner Arjun Rajgopal has joined L&L Partners in Delhi in its corporate practice, according to the firm and his Linked-in profile.

Subhash Chandra’s Essel Group agreed to sell stake in Zee Entertainment Enterprises Ltd. to Invesco Oppenheimer, helping promoters of India’s largest broadcaster repay lenders. Invesco Oppenheimer Developing Markets Fund will acquire up to 11 percent stake in Zee from its promoters for Rs 4,224 cror...

Nike India director legal Priya Menon has joined US-headquartered co-working behemoth WeWork as its India general counsel (GC).

Gunderson Dettmer India and Southeast Asia head Ferish Patel - who had also headed its Singapore office - has joined the Hong Kong office of Cooley as a partner, according to the firm’s press release, with an aim to set up a Singapore office under him soon.

Treasure Vase Ventures Pvt. Ltd, the parent of SmartE, one of India’s largest electric mobility service provider, has raised ₹100 crore in series B funding from Japan’s Mitsui and Co. — Mint S&R Associates advised Treasure Vase Ventures , owner and operator of the electric mobility service Smar...

Agriculture and food-focussed investor Pioneering Ventures is increasing its stake to 90% in Desai Fruits and Vegetables, which it had incubated, by picking up 28.37% stake from Deepak Fertilizers and Petrochemicals Corporation Limited. In the deal, Pioneering Ventures will be acquiring stake from D...

Bizongo, a business-to-business marketplace for packaging materials, is raising $15 million from existing investors, including global technology fund B Capital and International Finance Corporation (IFC). The funding is expected to be part of the company’s Series C round, which may also see particip...

AZB & Partners has hired Cyril Amarchand Mangaldas (CAM) Mumbai partner Nikunj Maheshwari in its banking and finance practice.