Ola Electric Mobility Pvt. Ltd has raised about $250 million from SoftBank Group Corp., thus becoming the second company founded by Bhavish Aggarwal to join the coveted unicorn club of startups valued at more than $1 billion. — Mint Khaitan & Co advised Ola Electric Mobility led by a core trans...

Online pharmacy 1mg has closed a $70 million investment round led by Corisol Holdings, a European family office, with participation from the World Bank’s investment arm IFC, at a valuation of around $200 million. The Series-D round also saw South Korea’s Redwood Global and Korea Omega Healthcare fun...

The resolution plan submitted by Dhanuka Laboratories Limited, a group company of Dhanuka Agritech Limited, to acquire Orchid Pharma Limited has been approved by NCLT, Chennai. Earlier, the resolution plan submitted by Ingen Capital LLC was annuled by NCLT, Chennai and a fresh round of bidding was o...

Nalsar Hyderabad 2007 graduate Revathi Raghavan has joined Kirkland & Ellis as a partner in London from Allen & Overy, according to her Linked-in profile.

Shares of InterGlobe Aviation (IndiGo) climbed 2 per cent to Rs 1,673.60 in Tuesday’s session, after the company said it has placed a $20 billion order for LEAP-1A engines with US-based CFM International to power its future fleet of 280 narrow body aircraft. The decision to go with CFM engines for i...

Mumbai-based Alteria Capital has written a Rs 80 crore cheque for digital lending firm Lendingkart, the single largest transaction by the venture debt firm till date. The transaction, which is also possibly the largest deal by a venture debt firm for a home-grown startup, will see Lendingkart, which...

Propelld, a Bengaluru-based fintech startup that enables student education loans … announced that it has raised Rs 15 crore from Stellaris Venture Partners and India Quotient. — Yourstory AAS Regina Legal advised Propelld led by a team of partner Ankita Singh , strategic advisor Ajay Anand , and ass...

Lakshmikumaran & Sridharan (LKS) has promoted eight of its joint partners to partner level, with effect from 1 April 2019, according to a press release.

Former Lakshmikumaran & Sridharan (LKS) London partner Sumesh Sawhney has joined Essar Group in London as its general counsel this month, according to his Linked-in profile.

Former Securities and Exchange Board of India (SEBI) executive director Usha Narayanan, who had served with the regulator for 21 years and had joined what-was-then Amarchand Mangaldas in 2012 as an of counsel Mumbai, has passed away at age 65 after a battle with cancer.

Economic Laws Practice (ELP) indirect tax partners MP Devnath and Vivek Sharma, and associate partner Abhishek Anand, who had joined in 2017 after leaving Lakshmikumaran & Sridharan (LKS), have joined Seetharaman & Associates, which has now rebranded to Sarvada Legal.

Valuedrive Technologies, which owns and operates used-car retailing platform Spinny, has raised a shade more than $13 million (about Rs 92 crore) in equity and debt financing, led by marque investment firms SAIF Partners and Accel Partners. Additionally, the round has seen Raghunandan G, cofounder o...

Education-focused fintech company Finwego … announced that it has raised $1.7 million in its seed round from SAIF Partners. A group of HNIs and angels also participated in this round. — Yourstory IC Universal Legal Advocates and Solicitors advised Finwego led by a team of senior partner Kavitha Vija...

Trilegal Mumbai counsel Shamin Shah has joined South African media and global investment giant Naspers as M&A legal counsel in India.

Argus Partners Bangalore senior partner Siddharth Raja and husband-and-wife partner duo Aditya Narayan, Megha Narayan will be setting up their own law firm.

Skin and hair care brand mCaffeine on Tuesday said it had raised $2 million as a part of its Series A funding led by RP-SG Ventures. Other key investors who participated in this round include Apurva Salarpuria, LV Angel Fund, KRS Jamwal, and Telama Investments. — Yourstory Poovayya & Co advised...

A former Khaitan & Co associate has, in a 12-page resignation letter, expressed her concern about the internal prevention of sexual harassment (POSH) committee’s handling of her complaint against a fellow associate.

Trilegal has confirmed its vote to admit AZB & Partners Mumbai partner Harsh Maggon into its partnership and corporate practice.

US-headquartered international firm Perkins Coie’s India practice chair I Bobby Majumder has joined Reed Smith last month to co-lead its India practice (and he also opened its newly started Dallas office as co-managing partner, in what is part of an eight-partner, 16-lawyer raid on three Dallas offices).

Two-wheeler rental startup Bounce raised $72 million in its series C funding round led by global technology fund B Capital Group and Falcon Edge Capital, a New York-based hedge fund. Accel Partners India, Accel Partners USA, Chiratae Ventures, Maverick Ventures, Omidyar Network India, Sequoia Capita...