Articles tagged with: Algo Legal

Algo, JSA, Touchstone on Syrma-SGS merger creating $165m entity

Syrma Technology and SGS Tekniks … announced a merger agreement to further strengthen their design and manufacturing capabilities for global and domestic OEMs. The cash cum stock merger will see the creation of Syrma SGS Technologies with a combined turnover of over Rs.1000 crores, with 55% revenues...

SAM for Qure.ai with Algo on $16m Series B by Sequoia (Feb ‘20)

Healthcare startup Qure.ai has raised $16 million in a funding round led by Sequoia India, it said on Thursday. MassMutual Ventures Southeast Asia, the investment arm of US-based life insurer MassMutual, also participated in the round. — Mint Qure.AI is engaged in the business of providing artificia...

Algo acts on $14.16m Series A for Doubtnut investors (Jan ‘20)

Doubtnut provides video-based solutions to student queries through its app, website, YouTube and WhatsApp — Inc42 Algo Legal advised Surge Ventures , Sequoia and Redwood Trust led by a team of partner Vinayak Mishra , with lawyers Neha Madan , Shreya Raj and Ronak Shah . Also advising was Pier Couns...

Algo acts on Sequoia Surge fundraise in Indonesia’s Bobobox Series A1

Bandung-based accommodation startup Bobobox has raised USD 11.5 million in a Series A funding round led by Horizons Ventures and Alpha JWC Ventures, according to a company statement. New and existing investors Kakao Investments, Sequoia Surge, and Mallorca Investments also participated in the round....

Algo acts on $3.5m Surge Series A into Log 9 Materials (Jan ‘20)

Bengaluru-based cleantech startup Log 9 Materials, on Monday, said that it has raised $3.5 million as a part of its Series A round, led by Sequoia India’s scale up programme Surge and Exfinity Venture Partners. — Yourstory Algo Legal advised Surge Ventures II led by a team of partner Prashant Katari...

Algo acts for Quona Cap on agri-services start-up’s Arya $21m Series B

Seven-year-old Arya said … it has raised $21 million in its Series B financing round. The round was led by Quona Capital, a venture firm that focuses on fintech in emerging markets. Existing investors LGT Lightstone Aspada and Omnivore also participated in the round, while multiple unnamed lenders a...

GameChanger, Algo act on $1.6m investment from GIF in early years education start-up Chrysalis

metadesc: GameChanger Law Advisors advised Global Innovation Fund led by a team of founding partner Amrut Joshi , senior associate The Global Innovation Fund, GIF, announced today it is investing $1.6 million investment in EZ Vidya Private Limited which operates under the brand name ‘Chrysalis’, an ...

JSA, Algo act on Chennai’s Syrma Tech buy of Gurgaon’s SGS Tekniks with PE support

Chennai-based electronics manufacturer Syrma Technology has signed a cash plus stock agreement with Gurgaon-based SGS Tekniks for a takeover. PE investor GEF Capital has supported this transaction with an undisclosed investment. — The Times of India J Sagar Associates advised SGS Tekniks Manufacturi...

Algo to start 8-week NUJS course about legal tech, open to all in year 3+

Algo Legal has partnered with NUJS Kolkata to start a “legal innovation and technology” eight-week course for third- to fifth-year students from 15 December 2020.

Rajaram, Algo acts on $6.7m Damensch Apparel fundraise from Matrix, Saama

Damensch Apparel Private Limited, has raised around INR 50 crore in series A2 funding with participation from Matrix Partners India, Saama Capital, Whiteboard Venture Partners and Alteria Capital, according to reports . Rajaram Legal advised Matrix Partners and Saama Capital led by a team of partner...

IndusLaw acts for Urban Ladder on $24.4m sale to Reliance Retail with Cyril Amarchand (+Algo)

Billionaire Mukesh Ambani-led Reliance Industries’ retail arm Reliance Retail Ventures has bought a 96 per cent stake in online furniture retailer Urban Ladder for Rs 182.12 crore ($24.4 million), in an attempt to expand its presence in India’s online retail market. — Ndtv IndusLaw advised Urban Lad...

Goodwin, Rajaram, Algo in $100m Series D unicorn round for Razorpay from GIC, Sequoia, others

Razorpay, a Bengaluru startup which provides end-to-end payments solutions to businesses, has raised $100 million in its series D round of funding. In the process, the venture has been valued by investors at over $1 billion, making it the latest fintech unicorn in India. This investment round was co...

Algo, AP Partners act for Sequoia, InfoEdge on $8.7m round into Bulbulive Shopping

Info Edge (India) Ltd on Tuesday said it has invested about USD 6.33 million (about Rs 47.3 crore) in Bulbulive Shopping Network Pte Ltd. — Outlookindia Sequioa, Leo Capital and Info Edge invested into Bulbulive Shopping Network Pte Ltd in a round of USD 8.7 M. Algo Legal advised Sequoia Capital Ind...

Algo for FarEye robotics in $25m JSA-Microsoft, CAM-8 Roads, OMM-Honeywell Series D

NEW DELHI: FarEye, a logistics SaaS (software-as-a-service) platform, announced a Series D investment of $25 million led by M12 (Microsoft’s venture fund), Eight Roads Ventures and Honeywell Ventures. Existing investor SAIF Partners also participated in the round. — Mint Algo Legal advised Robotic W...

3rd time Samvad for Zetwerk in $21m Series C with Algo, Gunderson

Business-to-business (B2B) manufacturing platform Zetwerk has raised $21 million ( ₹160 crore) as part of its Series C round, led by existing investor US-based Greenoaks Capital. Existing investors including Accel, Kae Capital, Lightspeed and Sequoia India also participated in this round. — Mint Sam...

Algo boosts Mumbai with SAM corporate partner Abhinav Bhalaik

Algo Legal has laterally added another partner, Abhinav Bhalaik from Shardul Amarchand Mangaldas - alongside Nishith Desai Associates’ Richie Sancheti.

Algo partner, TRA co-founder Jitender Tanikella joins AZB Mumbai as counsel

Algo Legal Delhi-based partner Jitender Tanikella has joined AZB & Partners in Mumbai as a counsel today, according to his Linked-in profile.

Nishith Desai home-grown practice head Richie Sancheti to set up funds formation at Algo

Nishith Desai Associates (NDA) investment funds head, Richie Sancheti, who had been with the firm for 13 years, is due to join Algo Legal, we reliably understand.

VC boutique Algo forays into disputes, hires indie litigator Namitha Mathews as Delhi partner

Until-now pureplay corporate and private equity / venture capital boutique Algo Legal has expanded its service lines into litigation with the hire of Namitha Mathews as a partner in Delhi.

Algo promotes Neha Madan to associate partner + 8 associates

Algo promotes 9 A lgo Legal has promoted seven associates to senior associate level, one to principal associate and one principal associate - Neha Madan - to associate partner. Madan, a 2008 Delhi University law graduate, specialises in corporate and commercial work and is based in Delhi, and had be...