Corporate

WhatsApp creates India in-house team, hires Netflix, ex-Snapdeal legal head Ashish Chandra

Netflix India director legal Ashish Chandra has joined WhatsApp as associate general counsel (GC) India, making him the messaging giant’s first in-house legal hire in India.

Ex-JSA expat Abhijit Narayan moves from Hengeler to head up Orrick’s India desk from Germany

Elite independent German law firm Hengeler Mueller India desk lawyer Abhijit Narayan (who had joined from J Sagar Associates (JSA) in 2012), has moved to Orrick Herrington & Sutcliffe as the head of its India desk and Middle East Desk in Germany.

Singhania Partners promotes associate partner Rudra Srivastava to partner

Singhania & Partners LLP has promoted associate partner Rudra Srivastava to its partnership.

Gaggar expands to 7 partners with 2 lateral, 2 homegrown promos (incl 2014 SLS-CAM alum Nitish Sharma)

Delhi firm Gaggar & Partners, formerly known as Gaggar & Associates, has promoted two to salaried partner and hired two into its salaried partnership laterally.

IndusLaw acts for Nexus on $1.1m LiveHealth investment

Pune-based health-tech startup LiveHealth, which operates a cloud-based platform for managing medical reports, has raised $1.1 million (Rs 7 crore) in its seed round of funding from Nexus Venture Partners, a company statement said. — VCCircle IndusLaw advised Nexus Ventures IV Ltd 2018-03-05 {incomp...

IndusLaw acts for Accel on $6m Cogoport investment

Mumbai-based Cogo Freight Pvt. Ltd, which owns and operates digital freight company Cogoport, has raised Series A funding from venture capital firm Accel Partners. — VCCircle

IndusLaw advised Accel India V (Mauritius) Ltd.

2018-04-17

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IndusLaw acts for investors in $50m Thirumeni Finance Series C

ChrysCapital Advisors Llp, the largest home-grown private equity (PE) fund, has acquired a significant minority stake in Thirumeni Finance Pvt. Ltd, a Bengaluru-based non-banking financial company (NBFC) that operates under the name Varthana, according to senior executive. — Mint IndusLaw advised LG...

IndusLaw for investors in $20m Series C into Chai Point

Chai Point has confirmed its $20 million Series C funding round, led by Paragon Partners. All existing investors - Eight Roads (Fidelity’s India PE arm), Saama Capital and DSG also invested in this round. — The Times of India IndusLaw advised Paragon Partners , Eight Roads , (Fidelity’s India PE arm...

IndusLaw acts for Nexus Venture on $2m PandoCorp fundraise

PandoCorp Pvt. Ltd, a start-up that digitizes logistics operations for companies … said it has raised $2 million in a round led by Nexus Venture Partners. — Mint

IndusLaw advised Nexus Venture Partners

2018-04-17

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IndusLaw acts on $14m investment in agritech Stellapps from Bill Melinda, IndusAge, ABB

Omnivore-backed agritech startup Stellapps Technologies has raised $14 million in one of the largest equity funding rounds led by Bill and Melinda Gates Foundation and IndusAge Partners, among others. Bengaluru-based Stellapps Technologies, which is also backed by Flipkart executive chairman Binny B...

IndusLaw acts for Europ Assistance on $7m investment in ONB Tech

Europ Assistance India Pvt Ltd, a wholly owned subsidiary of Paris-based global assistance firm Europ Assistance Holdings (the EA Group), on Tuesday announced that the EA Group has invested Rs 50 crore in Singapore-based ONB Technologies Pte Ltd, a vehicle assistance company. Ram Seethepalli, CEO of...

IndusLaw acts for exiters from Aye Finance on $21m Google venture buy-in

“CapitalG, the growth-stage investment arm of Google’s parent company Alphabet, has led a Rs 147 crore funding round in non-banking financial company (NBFC) AYE Finance, in the process marking its first bet in the Indian financial services sector,” according to ET . IndusLaw advised existing investo...

IndusLaw acts for CureFit on mammoth $120m Series C by IDG, Accel, Kalaari

Health and fitness startup Cure.fit has raised $120 million in its series C round of funding led by IDG Ventures, Accel Partners and Kalaari Capital with participation from Chiratae Ventures and Oaktree Capital. The round saw participation from Accel’s Growth fund and the new funds of Chiratae. — Th...

IndusLaw acts for Livspace on big $70m Series E

Online home design startup Livspace has raised $70 million in a funding round led by private equity firm TPG Growth and Goldman Sachs as it seeks to expand to new cities, open a large number of stores and accelerate sales growth. The Series C round of funding by Livspace (Home Interior Designs E-com...

IndusLaw acts on $3m Signzy fundraise

Signzy, which provides digital onboarding solution for financial institutions, has secured Rs 24 crore from a clutch of investors led by Stellaris Venture Partners and Kalaari Capital to fuel its expansion plans. Angels including Rajan Anandan from Google, Dilip Khandwelwal from SAP Labs India, and ...

IndusLaw acts for SAIF on $2m investment in SenseHawk drone analytics start-up

SAIF Partners has made its first investment in the drone technology space, investing $2 million in SenseHawk, a cloud-based enterprise platform leveraging Artificial Intelligence (AI) analytics on data collected from drones and other such autonomous systems. The US-headquartered company expects its ...

IndusLaw acts for Accel on $35m NinjaCart Series B

New Delhi: NinjaCart, a marketing and delivery platform for agricultural produce, has raised $35 million (₹250 crore) in a Series B round led by Accel Partners (US) and Switzerland’s Syngeta Ventures, the company said on Wednesday. — Mint IndusLaw advised Accel India IV (Mauritius) Limited. 2018-12-...

IndusLaw acts for Toppr on $35m Series C from Kaizen, others

Education technology startup Toppr has raised $35 million from Kaizen Private Equity and existing investors Eight Roads Ventures, Helion Ventures and SAIF Partners. Alteria Capital and Brand Capital, the strategic investment arm of the Times Group, also participated in the funding round, which was t...

IndusLaw acts Quikr buy of HDFC Realty, HDFC Red

India’s largest mortgage lender HDFC has sold its realty brokerage business HDFC Realty and its digital real estate business HDFC Developers which owns HDFC Red to online classifieds player Quikr. The all-stock deal will see HDFC pick up around 3.5% stake in Quikr for the two businesses, according t...

IndusLaw acts for Pune’s Mobiliya Tech on acquisition by QuEST

QuEST Global Services (QuEST), a global leader in providing premium engineering solutions, has announced the acquisition of Mobiliya Technologies based out of Pune, India. The acquisition will strengthen QuEST Global’s capability in Industrial & Hi-Tech verticals and add new service offerings i...