International Finance Corporation, the private-sector investment arm of the World Bank, plans to make a debt investment of up to Rs 106 crore ($15 million) in Hyderabad-based Dodla Dairy Ltd, it said in a disclosure. — VCCircle AZB & Partners advised International Finance Corporation (IFC) led ...

Acquisition by Eagle View Technologies Inc and its related entities of 100% of the shareholding of the APMSE Software Services Private Limited from CentralSquare Technologies. AZB & Partners advised CentralSquare Technologies led by a team of partners Ashwath Rau , Anu Tiwari , and associates J...

Tata Steel Ltd has agreed to sell most of its steel business in South-East Asia to China’s state-owned HBIS Group as the Indian steel maker continues efforts to trim its massive debt and focus on its fast-growing home market. — Mint AZB & Partners advised TS Global Holdings Pte Ltd ( Tata Steel...

Tata Cleantech Capital (TCCL), a joint venture between Tata Capital and the International Finance Corporation (IFC), said it has raised Rs 180 crore through its maiden five-year green bond from Netherlands-based development bank, FMO. — Hindu Business Line AZB & Partners advised Nederlandse Fin...

SoftBank is set to invest $400 million for an over 40% stake in BrainBees Solutions, which owns and operates omni-channel baby and mother care product retailer FirstCry, according to three people aware of the development. The Tokyo-headquartered investment giant, which has been scouting for fresh in...

Bain Capital has acquired a majority stake in US-based digital technology consulting and solutions firm Brillio, in a control transaction that was led by the private equity firm’s India team. — VCCircle AZB & Partners advised Bain Capital led by a team of partners Nandita Govind , Anisha Shridh...

Manipal Education and Medical Group chairman Ranjan Pai and Centrum Group have invested around Rs 300 crore in Jana Small Finance Bank, giving the Bengaluru-headquartered firm further ammunition to fight out rivals and scale up its business. The investment round valued Jana, formerly Janalakshmi Fin...

Online car platform CarDekho on Thursday said it has raised $110 million in a Series C funding round from existing investors Sequoia India, Hillhouse Capital, Alphabet’s growth investment arm Capital G and Axis Bank. The investment values CarDekho at $400-500 million, the company said in an email re...

Agrocel Industries Pvt Ltd acquired 100% in Solaris Chemtech Industries Limited, an Avantha group company. AZB & Partners advised Agrocel Industries Pvt Ltd led by a team of partner Vaidhyanadhan Iyer , and associate Sneha Nagvekar . 2018-12-25 This deal has not been reported by any mainstream ...

Luxury hotel group Leeu Collection has taken a 10% stake in Alajmo SpA, the Italian family business established by brothers Massimiliano (Max) Alajmo, the world’s youngest three-star Michelin chef, and Raffaele (Raf), the company’s Chief Executive and maître des lieux. — Www.Incentivetravel.Co.Uk AZ...

The Kolkata bench of the National Company Law Tribunal (NCLT) … approved Liberty House’s resolution plan to acquire Adhunik Metaliks. The bench comprising Justice Jinan KR held that “the revival plan of the company in accordance with the approved resolution plan shall come into force with immediate ...

Bank of America Merrill Lynch (BofAML) and J M Financial Asset Reconstruction Company have together acquired up to 77 per cent of the total debt of cashstrapped SevenHills Healthcare, said two persons involved in the transaction. The purchase of the debt will give the consortium control over the two...

AT&T* today announced a new strategic alliance with Brookfield Infrastructure and its institutional partners (“Brookfield”) pursuant to which AT&T will transfer data center colocation operations and assets to Brookfield. Under Brookfield’s ownership, the business will continue to deliver c...

Private equity firm Warburg Pincus is setting up a joint venture with Lemon Tree Hotels Ltd that plans to invest as much as Rs 3,000 crore ($426 million) to develop full-service accommodation for students and young working professionals. — VCCircle AZB & Partners advised Warburg Pincus and Lemo...

The Ken, a subscription-based online news platform, said on Wednesday that it had raised $1.5 million (around Rs 10 crore) in a Series A funding round led by impact investor Omidyar Network. — VCCircle AZB & Partners advised Omidyar Network via ON Mauritius led by a team of partner Ashwath Rau ...

International Finance Corporation plans to invest $15 million (Rs 100 crore) in Aptus Value Housing Finance India Ltd, doubling its exposure to the mortgage lender. — VCCircle AZB & Partners advised International Finance Corporation IFC led by a team of partners Gautam Saha , and associates Pra...

Sale by Caledonia and Amber of approximately 32% equity shares of Marwadi Shares and Finance Limited. AZB & Partners advised Caledonia Investments PLC and Amber 2010 Limited, a wholly owned subsidiary of Caledonia, led by a team of partners Darshika Kothari and Divya Mundra , and associate Pank...

Rediffusion Dentsu Young & Rubicam Private Limited (“RDYRPL”) acquired 50% of the share capital of Sudler & Hennessey Private Limited. AZB & Partners advised Rediffusion Dentsu Young & Rubicam Private Limited (“RDYRPL”) led by a team of partners Rajendra Barot and Arvind Ramesh ,...

Acquisition by Ajit Balakrishnan and Diwan Arun Nanda of 40% of the equity share capital of Rediffusion Dentsu Young & Rubicam Private Limited (RDYRPL). AZB & Partners advised Rediffusion Dentsu Young & Rubicam Private Limited (RDYRPL) led by a team of partners Rajendra Barot and Arvi...

The employees of Bain Capital’s APMSE Software Services Private Limited were acquired by Powerschool India Private Limited. AZB & Partners advised Bain Capital led by a team of partners Ashwath Rau , Anu Tiwari , and associates John Adwet Raghav , Shriyani Dutta . 2018-12-11 This deal has not b...