Saturday, 19 January 2019 | By Legally India
“DSG Consumer, Blume lead investment in higher education platform Leverage Edu: Higher-education and career-growth platform Leverage Edu said it has raised over $1 million (Rs 7 crore) in its pre-Series A round,” reported VCCircle . GameChanger Law Advisors advised Leverage Ed-Tech Private Limited l...
Saturday, 19 January 2019 | By Legally India
“Aricent acquired by Altran Group in a $2Bn all-cash deal - ETtech: Aricent has 10,500 employees, of which 8,500 are located in India. It generated revenues of $687M for the twelve month period up to June 2017,” reported The Economic Times . HSA Advocates advised Altran led by a team of partners: Sh...
Saturday, 19 January 2019 | By Legally India
Link Legal team led by Partner Anuj Trivedi and Senior Associate Sanya Haider advised Kwang Yang Motor Co. Ltd, or Kymco on its entry into Indian market. KYMCO is one of the global leading powersports brands and pioneers the industry’s first smart energy bay. Twenty Two Motors is an electric scooter...
Saturday, 19 January 2019 | By Legally India
“Rajen Mariwala of Marico family acquires AIMS Impex: Eternis Fine Chemicals, a company founded by Rajen Mariwala of the Marico family, has acquired AIMS Impex for an undisclosed sum,” reported Mint . HSA Advocates advised Eternis Fine Chemicals led by a team of senior partner: partner Aparajit Bhat...
Saturday, 19 January 2019 | By Legally India
HSA Advocates had hired Kochhar & Co partner Jivesh Chandrayan as Delhi partner in May 2018 in corporate.
Saturday, 19 January 2019 | By Legally India
Top Mumbai litigation and real estate solicitors partnership Federal & Rashmikant has officially dissolved on 1 January 2019, as we had first reported in June 2018.
Friday, 18 January 2019 | By Legally India
“Apax Funds invests $200 million in Fractal Analytics: The investment from Apax Funds values Fractal Analytics, a data analytics firm, at about $500 million,” reported Mint . Shardul Amarchand Mangaldas advised Fractal Analytics Private Limited, a provider of artificial intelligence and analytics so...
Friday, 18 January 2019 | By Legally India
“Electric scooter maker Hero Electric has raised ?160 crore from Mumbai-based Alpha Capital to build its second factory, develop new products and expand dealer network on hopes that local demand for its eco-friendly products will nearly double in the next few years, said a top company executive,” re...
Friday, 18 January 2019 | By Legally India
Vishakhapatnam Port Trust, Paradeep Port Trust, Jawahar Lal Nehru Port Trust and Deendayal Port Trust have in principle agreed to acquire 100% of the Government of India’s shares in Dredging Corporation of India Limited for a 73.47% of total shareholding. “Four major ports sign MoU to buy government...
Friday, 18 January 2019 | By Legally India
“OLX buys VC-backed recruitment portal Aasaanjobs: Naspers-backed online classifieds OLX has acquired online hiring marketplace Aasaanjobs Pvt. Ltd for an undisclosed amount,” reported VCCircle . Veyrah Law advised Naspers - OLX Group led by a team of partner Ajay Joseph , and associates Anshul Pand...
Friday, 18 January 2019 | By Legally India
“IFC to back Lighthouse’s SPV to acquire stake in footwear firm Aqualite Ind: Lighthouse to invest Rs 2.5 bn to acquire minority stake in target firm, which has a strong presence in northern and eastern India, and can produce 300,000 pairs of footwear a day,” reported Business Standard . Khaitan ...
Friday, 18 January 2019 | By Legally India
“Samara-Amazon to acquire ABRL’s More: The transaction is said to be valued at around Rs4,200 crore,” reported Mint . “Private equity firm Samara Capital along with Amazon.com Inc., the world’s largest online retailer, have agreed to buy Aditya Birla group’s food and grocery retail chain, More, for ...
Friday, 18 January 2019 | By Legally India
The Government of India has taken the second step on Tuesday in its revolutionary policies that could make the commercial usage of drones in India a reality, though teething problems have delayed implementation of the first policy so far and larger question marks remain about the best way of regulating a technology that countries the world over are still grappling with.
Wednesday, 16 January 2019 | By Legally India
Nalsar Hyderabad 2008 alumnus Manish Aggarwal has become partner at top global arbitration start-up boutique Three Crowns LLP in London, having joined the firm from Allen & Overy (A&O) as a senior associate just after it had set up in 2014.
Friday, 11 January 2019 | By Legally India
“Lighthouse invests $15.8m for minority stake in Nykaa, TVS Shriram exits: Earlier this year, Nykaa had raised Rs 160 crore through primary and secondary share sale with the participation of existing investors for growth capital and to expand retail footprint,” reported Dealstreetasia . AZB & P...
Friday, 11 January 2019 | By Legally India
“Rabo Equity Advisors invest Rs 140 crore in LT Food’s organic business: Rabo Equity had also infused $10 million in LT Foods, the listed parent of NBFL in 2009,” reported Mint . AZB & Partners advised LT Foods Limited and Nature-Bio Foods Limited led by a team of partners Daksh Trivedi and law...
Friday, 11 January 2019 | By Legally India
“TPG, a global alternative asset firm, announced on Thursday that it has acquired a significant minority stake in R R Kabel Limited, one of the leading building wires and low-voltage cables manufacturers in India, the investor said in a statement. The PE firm is investing over Rs 6 billion, accordin...
Friday, 11 January 2019 | By Legally India
“IFC to back Lighthouse’s SPV to acquire stake in footwear firm Aqualite Ind: Lighthouse to invest Rs 2.5 bn to acquire minority stake in target firm, which has a strong presence in northern and easterm India, and can produce 300,000 pairs of fotwear a day,” reported Business Standard . Khaitan ...
Friday, 11 January 2019 | By Legally India
“TCS makes first digital acquisition with design studio W12. Tata Consultancy Services said it acquired design company W12 Studios for an undisclosed sum, the Indian technology leader’s first digital buyout that should help the country’s most valuable company get a bigger share of the global digital...
Friday, 11 January 2019 | By Legally India
Express logistics company Spoton has been acquired by a consortium of investors led by homegrown private equity fund Samara Capital and Xponentia Fund Partners for Rs 550 crore in cash. Spoton’s acquisition is a part of Samara’s plan to create a retail ecosystem that the Mauritius-based PE firm woul...