“Bollywood actress Deepika Padukone has invested in Drum Foods International Pvt. Ltd, the maker of flavoured yogurt brand Epigamia, as part of a strategic partnership that will also see her endorse the brand,” reported Mint . Themis Associates advised Epigamia , owned by Drums Food International Pr...

“Delhi-based Ummeed Housing Finance Pvt. Ltd has raised Rs 60 crore ($8.3 million) from Zurich-headquartered LGT Impact and Rs 5 crore ($690,000) from existing social-impact investor Lok Capital in a Series C round,” reported VCCircle . Shardul Amarchand Mangaldas & Co advised Lok Capital Growt...

“With an aim to increase farm productivity, Mahindra Agri Solutions Ltd. (MASL), a subsidiary of Mahindra & Mahindra has entered into a 60:40 joint venture agreement with Sumitomo Corporation Group, Japan for the crop care business,” according to ET . Shardul Amarchand Mangaldas & Co advis...

“Storied American venture investor Tiger Global has invested $89.5 million in agri-tech startup NinjaCart, show regulatory filings accessed from registrar of companies (RoC) by paper.vc. NinjaCart is a marketing and delivery platform for agricultural produce,” reported Mint . Khaitan & Co advis...

“To further expand its market position in the water management business, NORMA Group signed an agreement to acquire Kimplas Piping Systems Ltd. (“Kimplas”) on April 6, 2018. Kimplas is a leading Indian manufacturer of joining technology made of thermoplastic materials. The parties agreed on NORMA Gr...

“Reliance Industries Limited has agreed to buy majority stake of 72.69% in the artificial intelligence (AI)-based education platform Indiavidual Learning Pvt Ltd (“Embibe”) from existing investors,” reported The Hindu . AZB & Partners advised Reliance Industries Limited led by a team of partner...

“Centum Electronics Ltd has signed Share Purchase Agreement (SPA) with Rakon Limited for the sale of entire 51% stake held by the company in Centum Rakon India Private Limited.The consideration to be received for the sale transaction is US$ 5.50 million,” reported Equitybulls . AZB & Partners a...

“Surya Children’s Medicare Pvt Ltd, which runs a paediatric hospital under the brand Surya Child Care, has raised ₹ 200 crore from SeaLink Capital Partners (SCP), a mid-market investment firm,” reported Mint . AZB & Partners advised SeaLink Capital Partners led by a team of partner Vaidhyanadha...

“Hinduja National Power Corp., part of the Hinduja Group, has acquired Kiran Energy Solar Power for around Rs1,000 crore, two people close to the development have said,” reported Mint . AZB & Partners advised Kiran Energy Solar Power Private Limited , led by a team of partner Sai Krishna Bharat...

“IIM-Ahmedabad’s Centre for Innovation, Incubation and Entrepreneurship (CIIE) has launched the Bharat Inclusion Initiative ,with a commitment of $25 million from The Bill and Melinda Gates Foundation, Omidyar Network and Michael and Susan Dell Foundation. The initiative will focus on incubating and...

“A consortium of Kedaara Capital and Partners Group is set to buy retailer Vishal Mega Mart for Rs5,000 crore, two people directly involved in the transaction said,” reported Mint . AZB & Partners advised the seller TPG Capital Asia and Vishal Mega Mart Private Limited led by a team of partners...

“Private equity investor Kohlberg Kravis Roberts and Co (KKR) exited Kolkata-based nonbanking finance company Magma Fincorp through a block deal. KKR had sold a large part in April when Magma Fincorp raised funds through a QIP,” reported The Economic Times . AZB & Partners advised KKR led by a ...

“Ola Electric Mobility Pvt Ltd (Ola Electric) today announced that chairman Ratan Tata Emeritus of Tata Sons, has invested in the company as part of its Series A round of funding. Tata is also an early investor in ANI Technologies Pvt Ltd, Ola’s parent company,” reported Olacabs . Khaitan & Co ...

“The Zydus group firm’s board … approved issuing equity shares of face value of Rs 10 each on a preferential basis to Cadila Healthcare, True North, Pioneer Investment Fund and Zydus Family Trust, Zydus Wellness said in a filing to the BSE,” reported The Times of India . Shardul Amarchand Mangaldas ...

“Mid-market private equity firm Lighthouse Funds has led a Rs 143 crore (around $21 million) investment in Tynor Orthotics Pvt. Ltd, which makes artificial support devices for various body parts,” reported VCCircle . Shardul Amarchand Mangaldas & Co advised Tynor Orthotics Private Limited and i...

“The wealth management arm of IIFL Holdings Ltd has decided to raise Rs 745.71 crore (about $110 million) from a clutch of investors including Hong Kong-based Ward Ferry and existing private equity backer General Atlantic,” reported VCCircle . AZB & Partners advised WF Asian Reconnaissance Fund...

“LeapFrog Acquires Majority Stake in Ascent Meditech, a Leading Indian Medical Products Company,” according to a press release.

AZB & Partners advised Leapfrog Investments led by a team of partners Srinath Dasari and lawyers Gautam Rego.

2018-06-15

Deal value: Not disclosed

{incomplete}

“Krishna Institute of Medical Sciences (KIMS Hospitals) announced today global growth equity firm General Atlantic has invested over USD 130 million, in a combination of primary capital and secondary purchases, to acquire a significant minority stake in the company,” reported Business Standard . AZB...

“On 26th June, 2018 [ITI] has … [agreed to a] transfer of all equity shares of ITI Reinsurance Limited (Subsidiary) to Go Digit Infoworks Services Private Limited,” reported Hindu Business Line . AZB & Partners advised Go Digit Infoworks Services Private Limited (formerly known as Oben Services...

“Online beauty retailer Nykaa has raised ₹75 crore (above $11 million) in its latest round of funding, valuing the six-year-old company at ₹3,000 crore, according to three people familiar with the development,” reported The Economic Times . AZB & Partners advised FSN E-Commerce Ventures Private...