Corporate
AZB acts for Swanland (Warburg) on Capillary Tech investment
Capillary Technologies, which offers customer relationship management software and marketing analytics for retailers, has received an undisclosed amount of funding led by an affiliate of its existing backer Warburg Pincus. — Dealstreetasia AZB & Partners advised Swanland Investment Ltd, an affi...
JSA, DLA, Covington act on $60m HCL America buy of C3i Solutions
Software services firm HCL Technologies has acquired C3i Solutions for USD 60 million, a move aimed at accelerating the Indian IT firm’s growth in life sciences and consumer services. It provides multi-channel customer engagement services for life sciences and consumer packaged goods (CPG) industrie...
JSA acts on $400m RattanIndia Finance JV by Lone Star, RattanIndia
Affiliates of the Lone Star Funds and the RattanIndia Group will jointly invest Rs. 2,600 crore / USD $400 million in a Non-Banking Financial Company (NBFC), RattanIndia Finance. Rajiv Rattan and affiliates of Lone Star will each own 50% of RattanIndia Finance. — Businesswire J Sagar Associates advi...
JSA acts on $10.3m Amicus investment in Wonderchef
Mid-market private equity firm Amicus Capital Partners has invested Rs 70 crore ($10.3 million) in kitchen appliances and cookware firm Wonderchef, it said in a media statement on Thursday. — VCCircle J Sagar Associates advised Amicus Capital Partners Fund led by a team of partners Vikram Raghani an...
Business Law Chamber, SAM act on $10m Global Gourmet investment
India Agri Business Fund II (IABF-II), co-sponsored by Rabobank, the UK’s CDC Group and Asian Development Bank, has invested $10 million in frozen food products exporter Global Gourmet Pvt. Ltd for a minority stake, top company officials said. — Mint Business Law Chamber advised Global Gourmet led b...
JSA acts on $31m Cytecare Hospitals Series A from GS
Cytecare Hospitals Private Limited, a cancer hospital in Bangalore, announced the closure of its $31 million Series A round, including participation from Goldman Sachs, a leading global investment bank and active investor in India. The investment will be used towards a long-term growth strategy focu...
JSA on $29m Series C from Creation Investments into OfBusiness fin-tech platform
OFB Tech Pvt. Ltd, which operates fin-tech platform OfBusiness, has secured $29 million (Rs 200 crore) in a Series C round of funding led by two new US-based investors. — VCCircle J Sagar Associates advised Creation Investments India II LLC led by a team of partner Lalit Kumar and Bharat Joshi and a...
JSA, CAM act on $42m Naspers sale in Travel Boutique Online
South African media and technology conglomerate Naspers has sold its majority stake in B2B travel platform Travel Boutique Online (TBO), marking its second strong exit in India in the last three months. While the terms of the transaction were not disclosed, sources have told ET that Naspers, which h...
JSA, NDA, Avigna act on $35m investment in Nandan-backed ShopX from Fung Strategic Group
Leading B2B e-commerce company ShopX, on Tuesday, said it has raised $35 million (₹240 crore) in a new round of funding from Fung Strategic Holdings Ltd (FSH). — Hindu Business Line J Sagar Associates advised Fung Strategic Group led by a team of partner Gerald Manoharan , Vikram Raghani , and Jamsh...
S&R acts on $31m Aavishkaar investment from Teachers Insurance Annuity of America
Impact investment firm Aavishkaar-Intellecap Group is raising ₹ 225 crore (approx $31 million) from US-based Teachers Insurance and Annuity Association (TIAA) as it looks to scale up its various businesses, said two people aware of the development. — Mint S&R Associates advised Aavishkaar Ventu...
JSA, AZB act on $22m Series C Eight Roads, Nokia investment in Shadowfax hyper local delivery
Hyper local delivery start-up Shadowfax Technologies Pvt. Ltd Tuesday said it has raised $22 million in a Series C funding round led by NGP Capital (formerly Nokia Growth Partners). — Mint J Sagar Associates advised Eight Roads Ventures led by a team of partner Manvinder Singh ; senior associate Son...
S&R acts for HT Media in $30m ad-for-equity investment deal with Koovs fashion retailer
HT Media, the publisher of English dailies Hindustan Times and Mint, has inked an ad-for-equity deal valued at £24 million for a period of two years with UK-based online fashion retailer Koovs. — The Financial Express S&R Associates advised HT Media Limited led by a team of partner Radhika Iyer...
S&R acts for SAR on investment of dosa machine maker Mukunda
Mukunda Foods Pvt. Ltd, which manufactures tabletop dosa-making machines, has received a strategic investment from Ncubate Capital Partners, the venture capital arm of Gurugram-headquartered SAR Group. — VCCircle S&R Associates advised SAR Group led by a team of partners Sanjeev Adlakha and Moh...
JSA acts on $8.5m S Chand & Co buy of Chetana Publications
Listed publishing company S Chand and Co. Ltd on Thursday announced plans to buy a controlling 51% stake in Chetana Publications Pvt. Ltd to expand its base in the school education space. S Chand said its board has approved an investment of ₹ 58.5 crore to acquire the 51% “partnership interest” in a...
S&R acts on $1m SAR Series A investment into MyLoanCare
My Finance Care Advisors Pvt. Ltd, which runs online loans marketplace MyLoanCare, has raised Rs 6.5 crore ($978,000) in a Series A round of funding from Ncubate Capital Partners, the venture capital arm of Gurugram-headquartered SAR Group. — VCCircle S&R Associates advised SAR Group led by a t...
S&R acts on $9.85m Aavishkaar investment in Altum Credo Home Fin
Altum Credo Home Finance Pvt. Ltd has received a commitment of Rs 64 crore ($9.85 million) from impact investment firm Aavishkaar Venture Management Services and a bunch of wealthy individuals, a media report said. — VCCircle S&R Associates advised Aavishkaar Bharat Fund , a SEBI-registered AIF...
JSA, NDA act on Cogni buy of SaaSforce
Cognizant is acquiring Noida-based SaaSfocus, a company that does consulting in Salesforce’s cloud computing solutions. The financial details of the deal were not disclosed. — The Times of India J Sagar Associates advised SaaSforce Consulting Private Limited led by a team of partner Upendra Nath Sha...
S&R acts on Ashiana Housing, IFC joint investment in residential projects
Ashiana Housing Limited, a listed company, in its agreement to co-invest with International Finance Corporation (IFC) in upcoming affordable and middle income residential projects, including senior living projects. The agreement contemplates an aggregate investment of Rs. 3.75 billion, of which 60% ...
S&R, Bharuchas, NDA act on $10m Bertelsmann, Tiger round in Roposo
Gurgaon-based Roposo has raised $10 million (₹61 crore) from existing investors Tiger Global Management and Bertelsmann India Investments, showed documents sourced from business intelligence platform Paper.vc. — Mint S&R Associates advised Bertelsmann India Investments led by a team of partner ...
S&R acts on $4.3m Bertelsmann investment in iNurture
iNurture, a provider of formal higher education programmes in India, on Wedensday said it has raised Rs 28 crore in funding, led by Ventureast. iNurture will use the fresh funds to expand its e- learning platform for skill centres and distance learning, and to expand its managed campuses business, i...