SRL Diagnostics has emerged as the largest pathlab chain in the country after it acquired its joint venture partner in Kerala, DDRC, for ₹350 crore last month. — Hindu Business Line ALMT Legal advised DDRC Group and its founders, led by a team of partners Rajat Bopaiah , Junia Sebastian and Arindam ...

Bengaluru-based Mobisy, a SaaS-based distribution technology solutions provider is raising INR 11.4 Cr from B2B ecommerce platform IndiaMART and Triton Alternative Investment Trust. — Inc42 Lakshmikumaran & Sridharan advised Mobisy Technologies Private Limited led by a team of partner Neeraj Du...

M1xchange, run by Mynd solutions Pvt. Ltd., has raised a Series-A round of venture capital from Mayfield India and SIDBI Ventures. — The Economic Times Economic Laws Practice (ELP) advised Mayfield India II Limited led by a team of partner Shyam Pandya , associate manager Alysha Razvi , associate ma...

“Zee Learn Limited announced [in February] that it has signed definitive agreements to Invest Rs 200 crores in MT Educare Limited through a preferential allotment of equity shares (face value Rs 10 per share) for a stake of 44.53% in the expanded share capital of MT Educare Limited, the company said in a stock exchange filing,”, according to NDTV.

ALMT Legal senior partner Hitesh Jain, whom we had first reported as moving out of ALMT on 24 March, will be joining Juris Corp as a partner, we understand from reliable sources.

Global provider of digital engineering and IT outsourcing services, Virtusa Corporation, has entered into an equity purchase agreement to acquire all outstanding shares of eTouch Systems Corporation, a Fremont, California-based digital web engineering technology services company, together with its I...

Long-time ALMT Legal senior partner Hitesh Jain is set to leave the firm after 31 March of this year, taking his team of 28 fee-earners, including two salaried partners, with him.

Emerging food delivery startup, Grab.in, has raised a funding of Rs 9 crores ($1.5m) from SIDBI Venture Capital, the wholly owned subsidiary of SIDBI, as reported by YourStory and MoneyControl. With the current funding, SIDBI will be joining the list of Grab’s investors that include Aramex Ventures, Zomato, and Sixth Sense Ventures. The Mumbai-based startup had earlier raised $1 million from Oliphans Capital and independent investor Haresh Chawla in April 2015, while Zomato had invested an undisclosed amount in the startup five months later.

Shardul Amarchand Mangaldas (SAM), Crawford Bayley, Luthra & Luthra, ALMT Legal, Trilegal, Hammurabi & Solomon and Cyril Amarchand Mangaldas (CAM) have applied to act as legal advisors on Air India’s share sale, reported the PTI.

“Online tutoring firm BYJU’s has announced the acquisition of TutorVista and Edurite from Pearson. It said these acquisitions will help it expand in newer markets as well as create a diverse product portfolio,” reported Your Story.

Kochhar & Co added ALMT Legal partner Gautam Bhatikar as a senior partner and co-head of the Mumbai office of the firm. Bhatikar has joined the firm with ALMT senior associate Zoeb Cutlerywala.

Indian Law Partners (ILP) advised French beauty products maker L’Occitane International on leading a $6m funding round in on-demand beauty services startup MyGlamm which was advised by ALMT Legal. ILP partner Gopika Pant, counsel Vineet Gupta, senior associate Rakshika Kaul and associate Abhimanyu K...

ALMT Legal has promoted Siddhi Ghatlia to salaried partner level in the corporate practice.

ALMT Legal is the last of the previous generation of law firm tenants to move out Mumbai’s Express Towers, leaving only new tenant Shardul Amarchand Mangaldas behind.

Clasis Law Mumbai partner and shipping and international trade head Harsh Pratap has left the firm, shortly after the exit of four other partners of the firm in Mumbai and London, including three co-founding partners.

AZB & Partners came out on top of a 2014 first-half-year league table released by corporate analytics company Venture Intelligence, recording 22 deals worth more than $2bn.

ALMT Legal advised UK-based testing services provider Exova Group Plc in its acquisition of Mumbai-based material testing lab Metallurgical Services which was advised by Bharucha & Partners. ALMT senior partner Aliff Fazelbhoy and partner Statira Ranina acted for Exova on the deal which, accord...

Sand Hill Counsel advised media giant Times of India group’s digital product company Times Internet in buying a majority stake in India’s largest digital coupon marketplace Coupondunia, which was advised by ALMT Legal. Sand Hill Counsel partner Anand Kumar and senior associate Khozema Rangwala acted...

14 Indian law firm partners and senior associates will be named as “up and comers” and “associates to watch” in legal directory Chambers and Partners’ yet-to-be released Asia Pacific 2014 guide.

ALMT & Partners represented Pune-based Emcure Pharmaceuticals, in which private equity house Blackstone sold 13.09 per cent for Rs 650 crore ($105m) to Bain Capital; seller and buyer were advised by AZB & Partners Mumbai and Delhi respectively. ALMT Mumbai partner Hitesh Jain and senior as...