Khaitan & Co has bolted on the Chennai-based law firm Assentio Legal, which had been started by Thriyambak Kannan, Rohan Cherian and Renu Gopalakrishnan, who will join from 1 July with their team in Khaitan’s Chennai and Bengaluru offices.

Venture capital fund Vereeni Investments has acquired a stake in India-facing fantasy sports operator Nostragamus for a seven-figure sum. Vereeni did not disclose the value of the deal, but did confirm that the purchase will see it take a significant stake in Nostragamus. The operator runs a mobile ...

Intelligent Industrial Internet Systems Private Limited (i3 Systems) raised USD $1 million in investment from Unitus Ventures, India’s leading impact venture fund investing in early-stage startups innovating for the masses. Angel investors also participated in this investment round, according to rep...

The India Cements Ltd acquired Springway Mining, a company involved in mining and quarrying business paving the way for its expansion. “India Cements to acquire Springway Mining for Rs 183 crore, set up MP unit: The company’s decision to acquire Springway stems from the fact that it wants to enter t...

Amara Hotels sets up the Sheraton Grand Hotel & Spa in partnership with Marriott, according to CNN Traveller.

Assentio Legal advised Amara Hotels & Resorts.

2018-05-01

Deal value: INR 150 crores (approx. USD 20 million)

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i3 Systems has raised $1m in funding From Unitus Ventures and others, according to Inc42 . Assentio Legal advised i3 Systems . Assentio Legal is an Indian law firm, with offices in Chennai , with 2 total partners, of which 1 is a corporate partners and 1 specialises in disputes. Also advising was K ...