“SoftBank Group is investing $400 million (26.05 billion Indian rupees) in India’s Paytm E-Commerce Pvt. Ltd. in a funding round that will value the online retailer at roughly $1.9 billion, a regulatory filing showed on Monday,” reported Reuters . Shardul Amarchand Mangaldas & Co advised Paytm ...

“In April last year, ecommerce giant Amazon had invested Rs 144 crore in Capital Float, a transaction that was an extension of the startup’s Series-C round. The Bengaluru-based company also counts Sequoia India, SAIF Partners, Aspada Investments, Creation Investments Capital Management and Ribbit Ca...

The transaction pertains to Kinetic Holdings 1 Pte. Ltd. acquisition of 100% of the share capital of Simhapuri Expressway Limited from KMC Infratech Road Holdings Limited, BSCPL Infra Projects Limited, and BSCPL Infrastructure Limited; and approx. 90% of the share capital of Rayalseema Expressway Pr...

“Bangalore-based Capillary Technologies Pvt Ltd, a SaaS-based CRM solutions provider, has secured around Rs 300 crore ($45 million) in a fresh round of funding led by private equity firm Warburg Pincus,” reported VCCircle . Shardul Amarchand Mangaldas & Co advised Capillary Technologies led by ...

“Marking its third deal in the nonbanking finance company space, multi-stage investment firm Norwest Venture Partners has invested $30 million (Rs 200 crore) in Chennai-based Veritas Finance to acquire about 15% stake,” according to reports . Shardul Amarchand Mangaldas advised Norwest Venture Partn...

“Pune-based Ntex Transportation Services Pvt. Ltd, which runs logistics startup ElasticRun, has raised close to Rs 60 crore ($8 million) in a fresh funding round, two people directly in the know told TechCircle,” reported VCCircle . Shardul Amarchand Mangaldas advised Norwest Venture Partners , Kala...

“Nasdaq-listed Ebix Inc has acquired Pune-based Indus Software Technologies Pvt Ltd for $29 million, including $5 million of contingent earnout,” reported Hindu Business Line . Shardul Amarchand Mangaldas & Co advised existing shareholder BD Capital Partners Limited led by a team of partner Pro...

“Singapore-based XSEED Education on Tuesday announced an agreement to acquire Report Bee, an Indian education technology startup focused on assessment analytics and reporting in K12 schools, for an undisclosed amount,” reported Yourstory . Shardul Amarchand Mangaldas advised Xseed Education Pte Limi...

“Private equity giant Blackstone is in advanced discussions to invest in Gurugram-headquartered auto components maker Sona BLW Precision Forgings Ltd,” reported Dealstreetasia . Shardul Amarchand Mangaldas advised JM Financial led by a team of partner Amit Khansaheb , partner Vishruta Kaul and senio...

“Epiq Capital, the growth and late-stage technology-focused investment firm set up by former Matrix Partners India Co-founder Rishi Navani, has closed its first three investments, since the Mumbai-based firm set up shop two years ago. The investment firm has placed bets on three prominent Indian sta...

“Tanla Solutions signed a definitive share purchase agreement to acquire Karix Mobile (formerly known as mGage India) and its wholly owned subsidiary Unicel from GSO Capital Partners, a Blackstone company, at an enterprise value of ₹340 crore. Shares of Tanla Solutions ended 4.91 per cent higher at ...

“City-based Star Health & Allied Insurance Company Ltd., the country’s first standalone health insurance firm, is set to change hands,” reported The Hindu . “Safecrop Holdings Pvt. Ltd., a consortium comprising WestBridge AIF, Rakesh Jhunjhunwala and Madison Capital, has signed definitive agree...

“The long-awaited merger of Tata Steel and ThyssenKrupp is set to go ahead, as the two firms signed a definitive agreement for a 50-50 joint venture, creating Europe’s second largest steel company after ArcelorMittal,” reported Hindu Business Line . AZB & Partners advised Tata Steel Limited led...

“Bharat Innovation Fund, an early-stage, deep-tech and intellectual property-focused venture fund, affiliated with the Centre for Innovation, Incubation and Entrepreneurship (CIIE) at the Indian Institute of Management (IIM), Ahmedabad, has made the first close of its fund at $50 million,” reported ...

“Cotecna Inspection S.A. is pleased to announce the acquisition of Shiva Analyticals (India) Private Limited, one of India’s leading analytical testing laboratories. The acquisition was completed on 5th September 2018,” reported Cotecna . AZB & Partners advised Cotecna Inspection S.A. led by a ...

“Stanley Lifestyles, a Bengaluru-based leather manufacturer, closed its first round of private equity funding with $24 million (Rs 1.7 billion) for a 26 per cent stake sale to Oman India Joint Investment Fund (OIJIF),” reported Business Standard . AZB & Partners advised Oman India Joint Investm...

“Manipal Education and Medical Group chairman Ranjan Pai and Centrum Group have invested around Rs 300 crore in Jana Small Finance Bank, giving the Bengaluru-headquartered firm further ammunition to fight out rivals and scale up its business,” reported TOI . AZB & Partners advised existing inve...

“The IPO of Rail Vikas Nigam Ltd (RVNL) was subscribed 1.78 times as of 5:15 pm today, the last day of the issue. The ₹481-crore RVNL IPO opened for subscription on Friday. The state-owned company offered 25.34 crore shares at a price band of ₹17-19 per equity share. RVNL will be the third rail PSU ...

“National Company Law Tribunal (NCLT), Kolkata, has approved Liberty House Group’s resolution plan for … Zion Steel, the company said,” reported Business Standard about the insolvency . AZB & Partners advised resolution professional Sumit Binani and transaction advisor Grant Thornton India LLP ...

“Conduent Incorporated … announced it has entered into a binding agreement to sell its U.S. based human resource consulting and actuarial business. The deal also includes human resource consulting and outsourcing businesses located in Canada and the U.K. This business, formerly known as Buck Consult...