NEW DELHI : Digital technology firm Tata Communications … said it has acquired 58.1% stake in France-based eSIM company Oasis Smart SIM Europe SAS (Oasis). — Mint Herbert Smith Freehills (HSF) advised Tata Communications led by a team of partner Mark Robinson , Singapore, managing partner Frederic B...

Accenture will be acquiring Imaginea, a cloud and platform engineering company headquartered in Mountain View, California which also has offices in London and throughout India. The company currently advises over 200 global firms on cloud transformations. — The Economic Times AZB & Partners advi...

Spice Route Legal team advised Berlin based global venture capital fund, Foundamental GmbH in its investment of USD 2 million into fleet management solutions company, LococNav, as reflected by Foundamental on its site. Spice Route Legal advised Foundamental GmbH led by a team of Mathew Chacko, Aadya...

Private power transmission company Sterlite Power Grid Ventures Limited, the sponsor of infrastructure investment trust (InvIT) India Grid Trust (IndiGrid) has launched a sale of units to raise Rs 825 crore to Rs 850 crore, multiple sources with knowledge of the matter told Moneycontrol. — Moneycont...

ProEves India’s largest and fastest-growing childcare discovery and booking platform announced its first round of institutional funding around Rs 3.6 Crore. The seed round was led by 1Crowd, and also saw participation by several leading angel investors, including Japan Vyas, Swati Salgaocar, Lloyd M...

UpGrad on Monday said it has raised $120 million in funding from Singapore-based Temasek. The investment, which the company claims to be its first external funding, reportedly values the ed-tech firm at an estimated $575-$675 million. upGrad did not disclose the valuation. — The Financial Express On...

“Captain Fresh, a business-to-business (B2B) marketplace for seafood, has raised $3 million in a seed funding round co-led by Matrix Partners India and Ankur Capital. Incubate Fund and angel investors, including Jupiter Money’s Jitendra Gupta and Pine Labs’ Amrish Rau, also participated in the round...

W adia Ghandy has promoted eight fee-earners to its partnership, growing to 41 partners. The new partners and their practice areas and LLB alma mater, respectively, are: Anant Kaushik (corporate; HNLU Raipur) Abinash Pradhan (real estate, litigation, ADR; KIIT Bhubaneswar) Abir Patel (real estate; M...

Associate promotions by practice area at CAM C yril Amarchand Mangaldas has promoted six of its fee-earners to director level in a round of 120 associate promotions (though 23 of those are promotions into various associate ‘designate’ ranks, which are mostly in use at the Amarchand legacy firms). Ac...

“JetSynthesys, a digital entertainment and technology company, has bought Pune-based mobile gaming company Nautilus Mobile. The acquisition cements the former’s position as the biggest skill-based cricket gaming franchise in the world with over 100 million downloads and a community of over 1 crore m...

“Online fashion retailer Bewakoof has raised Rs 30 crore from homegrown venture capital fund IvyCap Ventures. The funds will be used to improve branding and technology, as well as launch new product categories.”, reported The Economic Times . Stratage Law Partners advised IvyCap Ventures Fund led by...

Health-tech startup, Pharmeasy, owned by API Holdings has acquired 100% stake in the Medlife group from its existing shareholders in consideration of securities issued to the Medlife shareholders, for a stake of 15.7% in API. This is one of the largest deals forming part of the increasing consolidat...

Australian PE firm, Allegro Funds is all set to acquire Japan Post and Toll Group’s Australian freight and freight forwarding arm, Toll Global Express, subject to regulatory approvals and other customary closing conditions, as per the reports. Toll Global Express could end up in Australian hands if ...

Bharti Airtel’s board approved the amalgamation of wholly-owned arms, Nettle Infrastructure Investments Ltd, Airtel Digital Ltd and Telesonic Networks Ltd with and into the Sunil Mittal-led parent company. The board also cleared the demerger of the company’s telecom business, and vesting the same wi...

IndusLaw may have been growing leaps and bounds, including by recently breaking into the cozy top-tier capital markets club and having been one of the more aggressive lateral hirers in recent times, but the firm’s starting salary had somewhat lagged behind compared to the highest-paying firms.

T rilegal has promoted 21 of its fee-earners to counsel level, which at the all-equity partnership of the firm is arguably equivalent to the salaried partner level at many other Indian law firms. The majority of new counsel were in the corporate practice area, with five getting the nod in disputes a...

Ajoy Halder, who had started up infrastructure law firm Halder & Associates in 2017 in Delhi, has passed away after contracting Covid-19.

“Pre-owned cars platform Spinny … said it has raised $65 million (Rs 481.7 crore) as part of its Series C round from new and existing investors.”, reported Techcircle Samvad Partners advised the existing investors The Fundamentum Partnership Fund I led by a team of partner Junaira Rahman , partner A...

“Edtech startup Doubtnut has raised INR 224 Cr (about $31 Mn) in a round led by Hong Kong-based venture capital firm SIG Investments and James Murdoch’s Lupa Systems. Existing investors Sequoia Capital India, Omidyar Network India and Waterbridge Ventures also participated in this round. With this r...

Groww has raised $83 million in a Series D funding round led by Tiger Global, making the online investment platform the latest entrant into India’s startup unicorn club. This is the third investment by New York-based investment fund Tiger Global in the sector after Upstox and IndWealth. Existing inv...