IndusLaw has ramped up its Mumbai corporate offering significantly with the hire of two from Algo Legal who are due to join: partner Siddharth Manchanda and associate partner Minhaz Lokhandwala.

Algo Legal Gurgaon-based partner Vinayak Mishra has yesterday joined venture capital (VC) fund Lightspeed India Partners Advisors as its first de facto legal head for India and South-East Asia.

Bengaluru-based video-first experience discovery platform Trell has raised $2 Mn (INR 14.8 Cr) in Pre-Series A round led by Ruizheng Investment at $19 Mn valuation. Other investors who participated in the round include KTBN Venture, Sprout Venture Partners, AH Projects, and its existing investors Be...

Gurugram-based software-as-a-service (SaaS) provider SirionLabs has raised $44 million, as a part of its Series C round, led by Tiger Global and Avatar Growth Capital. — Mint S&R Associates advised Avatar Growth Capital led by a team of The S&R team was led by partners Sandip Bhagat and Su...

NEW DELHI/BENGALURU: Digital credit ledger Khatabook has raised $60 million (about Rs 454 crore) in a fresh equity financing round led by B Capital Group, the investment firm founded by Facebook cofounder Eduardo Saverin. This takes the total funding raised by the twoyear old firm to $87 million. — ...

Convosight, a software-as-a-service (SaaS) platform which allows Facebook community admins to manage their groups, said it has raised $4 million (Rs 30.26 crore) in its pre-Series A round of funding. — VCCircle Algo Legal advised Surge led by a team of partners Vinayak Mishra and Prateek Mohapatra w...

Algo Legal has hired former law firm and in-house lawyer Ankit Guha, who had set up and sold an educational tech start-up to a US company within only nine months of starting it up.

Scoop: PwC has been growing its regulatory and advisory practice though the Big Four have generally not been taking on law firms head-on

Zetwerk, a platform for customised products for industrial use, has raised $32 million (Rs 225 crore) in Series-B funding from venture capital firms Lightspeed and Greenoaks Capital to fuel its expansion plans. The funding round also saw participation from Zetwerk’s existing investors Sequoia India,...

Classplus, a B2B edu-tech startup, on Monday said it has raised USD 9 million (over Rs 68 crore) in funding led by RTP Global. — Business Standard IndusLaw advised lead investor RTP Global Investments Limited led by partner Manish Gupta , with a transaction team including senior associate Ashish Ahl...

NEW DELHI: Pune-based fitness startup Fittr on Tuesday said it has raised $2 million (over Rs 15 crore) from Sequoia Capital India’s Surge programme. The company will deploy the pre-series A funds for hiring, technology and overseas expansion, Fittr Co-founder Jitendra Chouksey said. — The Economic ...

On-demand logistics marketplace Porter has raised Rs 140 crore from Lightstone Global Fund. — Yourstory Verist Law advised the company Porter , led by partner Shristi Ojha along with senior associate Suswagata Roy . Jerome Merchant + Partners advised Lightstone Fund SA led by a team of partner Samee...

NEW DELHI: Bijak, a B2B platform for agricultural commodities, … said it has raised $12 million (Rs 91 crore) from investors including RTP Global to enhance its technology team and roll out new features… Gurugram-based Bijak is a platform that gives agricultural commodity buyers and sellers better p...

Genetic diagnostics, research and data company MedGenome has raised $55 million (about Rs 419 crore) in a new round of funding, led by global impact investment firm LeapFrog Investments, the Bengaluru-headquartered company announced on Wednesday. The company’s two existing backers, Sequoia Capital a...

BigBasket … announced 100% acquisition of online milk delivery app DailyNinja. The deal will help the Bengaluru-based online grocer to consolidate its position in the subscription delivery space in the city, the firm said. — The Financial Express Algo Legal advised DailyNinja Delivery Services Priva...

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 J Sagar Associates advised Microsoft Co...

Khatabook, an app that enables small and medium enterprises (SMEs) to record and track business transactions digitally, has raised $25 Mn Series A round from GGV Capital, Partners of DST Global, RTP Ventures, Sequoia India, Tencent, Y Combinator and others. — Inc42 Algo Legal advised Sequoia Capital...

Bengaluru-based Cue Learn, which owns after-school math education platform Cuemath, will raise $5.5 million in a Series B round from new investor Manta Ray Ventures and returning investors CapitalG and Sequoia Capital India. — Techcircle Saakshya Law Advocates & Solicitors advised Cue Learn Pri...

Bengaluru-based nanotechnology startup Log 9 Materials Scientific Pvt. Ltd said on Monday that it has raised $3.5 million (Rs 31.32 crore) in it Series A funding round from Sequoia India’s scale up program Surge and Exfinity Venture Partners. — VCCircle Mani Chengappa & Mathur (MCM)advised Exfi...

Making its second bet in the Indian start-up space, social networking giant Facebook has participated in a $110 million investment round in edtech enterprise Unacademy. — Business Standard Algo Legal advised Unacademy , operating as Sorting Hats Technology Private Limited , led by a team of partner ...