Private equity / VC

AAS Regina acts on $0.3m Board Infinity angel round

Board Infinity, an Ed-Tech Startup has recently raised Rs 2.2 crores in an angel round from a clutch of angel investors. Founded in 2017 by Abhay Gupta and Sumesh Nair, Board Infinity provides short skilling courses delivered by industry experts in live classes format across emerging technologies, m...

PDS advises RenewBuy on $19m Series B from JMP, SAM, JSA clients

Lok Capital, IIFL Wealth invest ₹130 cr in digital insurer RenewBuy.com. The digital insurance disruptor has raised ₹130 crore ($19 million) in a Series B funding round led by venture capital firm Lok Capital and IIFL Asset Management. — The Economic Times PDS Legal advised RenewBuy.com , led by par...

Spice Route acts for Turms wearables maker BigPhi Tech on pre-Series A from Shunwei

BigPhi Technologies received a pre-Series A investment by Shunwei Capital, according to Spice Route Legal. Spice Route Legal advised BigPhi Technologies Pvt Ltd , which owns the “high performance” wearables brand Turms, led by a team of managing partner Mathew Chacko , senior associate Samrat Roy , ...

Rajaram, Indus act on $3.7m Infra.Market fundraise from Accel

Hella Infra Market Ltd. (operating under the brand Infra.Market), a company providing materials and solutions to real estate and construction companies with technology as their focal point, has raised Rs. 25 crore in its seed round of funding from Accel partners. Rajaram Legal advised Infra.Market l...

Joyce, Rajaram help on $2.9m Series A for Alteria Capital

Used car online retailing platform Spinny has raised $13.2 million led by marquee early stage investors Accel Partners and SAIF Partners in a Series A round, the company said in a statement. Its existing investors- Blume Ventures and Similie Ventures also participated. — Mint JoyceLaw acted for Spin...

Link Legal, Khaitan, Hreem act on $8m Freight Tiger Series A

B2B logistics technology provider Freight Tiger has raised $8 million (around Rs 55 crore) in Series-A funding, led by Lightspeed Venture Partners, along with participation from Dalmia Group’s Alsthom Industries and the Hero Group managing director’s Pawan Munjal Family Trust. — The Economic Times L...

Bharucha acted for Ninjacart in December Series B $36m fundraise with Khaitan, Indus

Bengaluru-based B2B agritech startup Ninjacart on Wednesday raised Rs 250 crore funding led by Accel US, Syngenta Ventures, Jo Hirao, Founder of ZIGExN, Neoplux, HR Capital and Trifecta Capital. Existing investors Accel India, Nandan Nilekani, Mistletoe and Qualcomm Ventures also participated in the...

Khaitan acts on $7.5m fundraise for MyMoneyMantra

IFSD BV and Vaalon Capital have invested $7.5m in MyMoneyMantra, according to Khaitan & Co. Khaitan & Co advised MyMoneyMantra led by a team of partner Bharat Anand , associate Suraj Prasad Meher and associate Anubhuti Sinha . 2019-06-21 Deal value: USD 7.5 million This deal has not been r...

Bharuchas, AZB act on GA buy of Rubicon Research

Private equity firm General Atlantic will invest $100 million in Rubicon Research Pvt. Ltd, the pharmaceutical product development company in which it acquired a controlling stake [from the Everstone Group]. — Mint Bharucha Singh Mundkur advised General Atlantic led by a team including partner Vanda...

LegaLogic acts for US’ IoT start-up Altizon in $7m Series A fundraise led by motorcycle maker TVS Motor

Two-wheeler major TVS Motor Company said that it has picked up 14.142% stake in the US-base IoT company called Altizon Inc through its Singapore-based subsidiary for a consideration of $25,00,000. In addition to this, the company has acquired 10 equity shares of Altizon India. — The Financial Expres...

Spice Route acts on Teabox Series B from RB Investments

Premium tea brand Teabox-Asian Tea Xpress Pte Ltd saw a post-Series B investment round from Singapore-based RB Investments along with existing investors Accel Partners and NB Ventures. Spice Route Legal advised Teabox-Asian Tea Xpress Pte Ltd led by a team of managing partner Mathew Chacko , associa...

Spice Route, GameChanger act on deal Ronin Wines investment from Titan Cap

Ronin Wines Pvt Ltd, Asia’s first meadery, took an investments from various investors including Titan Capital. Spice Route Legal advised Ronin Wines Pvt Ltd led by a team of managing partner Mathew Chacko , senior associate Samrat Roy , associate Aadya Misra and associate Nikita Swamy . GameChanger ...

Veyrah, Themis acts for Pristyn Care on $4m Series A

Healthcare delivery startup Pristyn Care has raised $4 million in Series A funding led by Sequoia India.The company plans to use the funds raised to improve its medical capabilities, invest in technology and expand its team of medical professionals.Started in late 2018 by Harsimarbir Singh, Dr Vaibh...

JoyceLaw, SAM, Themis act for Milkbasket in $7m Series A

Grocery and milk delivery startup MilkBasket has raised $7 million in a Series A round of funding led by Kalaari Capital, along with BeeNext and existing investors Unilever Ventures and Blume Ventures. This is the latest funding in the milk and grocery delivery space, with players such as DailyNinja...

JoyceLaw acts on pre-Series A MedCords investment for Waterbridge Ventures, Info Edge

Kota-based healthtech startup MedCords has raised an undisclosed amount of funds from New Delhi-based venture capital firm WaterBridge Ventures, along with Info Edge, the company that operates Naukri.com. — Theindianwire JoyceLaw advised Waterbridge Ventures, Info Edge led by a team of partner Deepa...

JoyceLaw, Themis act on $10.5m Milkbasket pre-Series B

Milkbasket, owned and operated by Doorstep Retail Solutions Pvt. Ltd, has raised $10.5 million in a round led by Unilever Ventures, the daily grocery delivery services startup said on Tuesday. Mayfield India, Kalaari Capital and Blume Ventures, besides a few Indian family offices also participated i...

JoyceLaw acts for Milkbasket on $2m fundraise from InnoVen

Just weeks after Milkbasket’s ₹20-crore debt funding deal with Sachin Bansal-led BACQ fell through, the Delhi-based grocery delivery startup today announced that it had raised fresh funds worth ₹15 crore from venture debt firm InnoVen Capital. — Mint JoyceLaw advised Milkbasket led by a team of part...

Trilegal, Indus act on $5m Series A for InCred’s FinTech arm mValu

mValu Technology Services Private Limited, InCred’s FinTech arm, has raised $5m in its Series A funding round from Elevar Equity, according to Trilegal. Trilegal advised mValu Technology Services Private Limited , InCred’s FinTech arm, led by a team of partner Kunal Chandra and senior associates Deb...

D&D, JurisCorp act on $3m Bellatrix Aerospace pre-Series A

Bellatrix Aerospace, an Indian Institute of Science incubated space-tech startup, has raised $3 million in a pre-Series A round led by IDFC-Parampara, StartupXseed, Karsemven Fund and Survam Partners (Suman Kant Munjal family office). — Hindu Business Line Desai & Diwanji advised IDFC Parampara...

Ola Electric Mobility charges to unicorn with Khaitan in $250m round with Rajaram • AZB for Softbank

Ola Electric Mobility Pvt. Ltd has raised about $250 million from SoftBank Group Corp., thus becoming the second company founded by Bhavish Aggarwal to join the coveted unicorn club of startups valued at more than $1 billion. — Mint Khaitan & Co advised Ola Electric Mobility led by a core trans...