Corporate
Themis acts Unacademy acquisition of Jaipur’s Wifistudy for $10m
“In a bid to tap into the test prep market, online education startup Unacademy has acquired Jaipur-based online exam preparation platform Wifistudy. The deal size is $10 million, mostly consisting of stock,” reported The Economic Times . Themis Associates advised Unacademy , owned by Sorting Hat Tec...
YSS, Gunderson act on Tiger Global’s $5m Series A in Fyle
“Tiger Global Management is in advanced talks to invest $5-6 million each in two early-stage software companies—Fyle and Facilio—as it makes a comeback to India’s startup landscape that it was instrumental in nurturing,” reported The Economic Times about the Series A investment in Fyle. YSS Legal LL...
Crawford Bayley, IndusLaw arrange $185m Ebix buy of Centrum Group’s forex biz
“In August 2018, [US-based] Ebix spent ₹ 1,200 crore to acquire Centrum group’s forex business Centrum Direct Ltd,” according to reports . Crawford Bayley & Co advised Centrum Group led by a team of partners Sanjay Asher and Bhumika Batra along with associates Sachita Shetty , Sanskriti Relekar...
Freshfields, A&O act on Shree Cement’s buy of UAE’s Union Cement
Shree Cement Ltd, one of India’s top three cement makers, is looking to close the acquisition of Union Cement Co. PSC by July, a few months ahead of plans, according to Subhash Jajoo, Shree Cement’s chief financial officer,” reported Mint . Freshfields Bruckhaus Deringer advised Shree Cement led by ...
Link acts on $235.1m deal for Ramky Infrastructure Limited
“The Ramky Group, which last fortnight sold a controlling stake in a group company to global private-equity major KKR in a landmark deal, has agreed to sell it’s access-controlled road asset NAM Expressway in favour of the Singapore-based toll roads operator Cube Highways for Rs 1,669 crore. The sal...
Pioneer, Veritas act in TA investment in fertility clinics Indira IVF
“Boston, Massachusetts-based TA Associates has picked up a significant minority stake in infertility treatment provider Indira IVF, the global growth private equity firm said on Monday,” reported Mint . Pioneer Legal advised TA Associates led by a team of associate Althea Pereira , counsel Anupam Sh...
Pioneer-DSK, MMJ act in Japan’s DIC Corp buy of Maha resins maker Ideal Chemi Plast
“Japan’s largest ink manufacturer by revenue DIC Corporation has acquired Maharashtra-based resins manufacturer Ideal Chemi Plast Pvt Ltd in an undisclosed amount. Founded in 2004, Ideal Chemi Plat manufactures and sells acrylic, alkyd, polyester and other resins for auto refinishing, coil and wood ...
Universal, K Law Assentio help i3 system raise $1m from fund, angels
Intelligent Industrial Internet Systems Private Limited (i3 Systems) raised USD $1 million in investment from Unitus Ventures, India’s leading impact venture fund investing in early-stage startups innovating for the masses. Angel investors also participated in this investment round, according to rep...
Universal Advs, Trilegal, Luthra do $19m acquisition of Miles Software by Ebix
“Ebix Inc, a US-listed supplier of software and e-commerce services to finance and insurance companies, on Tuesday said that it has acquired Miles Software, an asset and wealth-management services provider, for at least $19 million dollars,” reported Mint . Universal Legal Advocates advised Miles So...
Universal Legal Adv. acts on deal for Lawson Travels & Tours Private Limited
“Ebix, Inc, a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries, today announced that one of its Indian subsidiaries has signed agreements to acquire the assets of Delhi based Pearl International Tour &...
Universal Legal Adv for Chotta Haazri in $0.18m seed investment
Artha Venture Capital Fund acquired a significant minority interest in the Company by way of a seed investment, according to reports . Universal Legal Advocates advised Chotta Haazri Private Limited led by a team of partners Rashi Kapoor Mehta , Apurva Agarwal and associate Angshuman Chaliha . 2018-...
Legasis acts on $24m deal for Amar Tea
Amar Tea has bought a 26% stake of Madhav Agro Food for $24m. Legasis Partners advised Amar Tea led by partner Apurv Sardeshmukh and associates Vaishnavi Bhat , Mugha Joshi and Aanchal Lamba . Chartered accountants JAA Associates advised Madhav Agro Foods. This deal has not been reported by any main...
SAM, Legasis act on Evolent buy of Valance Health Solutions
Evolent Health bought shares of Cicerone Health Solutions in Valence Health Solutions, including its subsidiary Indian subsidiary, as reported in Evolent’s quarterly statements . Legasis Partners advised Cicerone Health Solutions led partner Apurv Sardeshmukh , senior associate Mugdha Joshi and asso...
Legasis, Dua act on $1.3m fundraise for Humour Me
Humour Me Private Limited has raised $1.3m from a consortium of investors.
Legasis Partners advised
Also advising was Dua Associates.
2018-06-18
Deal value: $1.3m
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Legasis acts on $41.2m Kerry Indev acquisition of Velex Logistics
Kerry Indev Logistics Private Limited has bought a 74%-76% stake in Velex Logistics Private Limited, as mentioned in a report.
Legasis Partners advised
2018-06-11
Deal value: $41.2m
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ILP, DSK, Amicus acts on Toshiba acquisition of UEM
Toshiba has increased its stake to 100% in UEM India, according to reports . Indian Law Partners advised Toshiba , led by a team of partner Gopika Pant , partner Vineet Gupta . Amicus Services acted for the promoters of UEM India. DSK Legal advised the other shareholder True North . 2018-03-01 {inco...
Crawford Bayley helps NHPC on $84.3m equity share buyback
“State-run hydro power giant NHPC’s board has approved buyback of 21.42-crore equity shares at ₹ 28 apiece, aggregating ₹ 600 crore,” reported Mint . _Crawford Bayley & Co._ advised NHPC Limited led by a team of partner Sanjay Buch and senior associate Rahul Aggarwal . Deal value: Rs. 600 Crore...
Legasis helps Talent Edge buy stake in GreyCampus
“Online interactive learning solutions platform Talentedge has bought a ‘significant’ stake in ed-tech firm GreyCampus for an undisclosed amount,” reported the Economic Times . Legasis Partners advised Talent Edge led by partner Apurv Sardeshmukh , senior associate Mugdha Joshi and associate Vaishna...
Legasis acts iLink acquisition of Thinking Hut IT Solutions
“iLink Systems, a global Software Solution Provider and Systems Integrator with a presence in the US, India, Middle-East and Southeast Asia, has announced its acquisition of Thinking Hut IT Solutions Pvt. Ltd., an India based IoT solution provider advised by SA Global Advisors,” reported PRWeb . Leg...
Legasis acts on Tata JV buyout by GST Autoleather Inc
Acquisition by GST Acquisition Corp. of GST Autoleather Inc. and Other GST entities 50% stake in Tata Internation GST Autoleather Limited. Legasis Partners advised GST Autoleather Inc affiliated entities on its purchase of Tata International’s 50% stake in GST Autoleather Limited. The Legasis team w...