BQE Software, a leading cloud-based software provider to professional service firms, announced a significant growth investment from Serent Capital, a growth-focused firm that invests in technology and tech-enabled services companies. BQE Software’s flagship product, BQE Core, is a native cloud-based...

Accenture will be acquiring Imaginea, a cloud and platform engineering company headquartered in Mountain View, California which also has offices in London and throughout India. The company currently advises over 200 global firms on cloud transformations. — The Economic Times AZB & Partners advi...

Bharti Airtel’s board approved the amalgamation of wholly-owned arms, Nettle Infrastructure Investments Ltd, Airtel Digital Ltd and Telesonic Networks Ltd with and into the Sunil Mittal-led parent company. The board also cleared the demerger of the company’s telecom business, and vesting the same wi...

Groww has raised $83 million in a Series D funding round led by Tiger Global, making the online investment platform the latest entrant into India’s startup unicorn club. This is the third investment by New York-based investment fund Tiger Global in the sector after Upstox and IndWealth. Existing inv...

“Mawana Sugars Ltd has entered into a definitive agreement to sell its non-core business to Bodal Chemicals Ltd, another publicly listed company. Mawana Sugars said it is selling the Punjab-based Siel Chemical Complex in a slump sale for Rs 137 crore (nearly $18.8 million).”, as per the reports by t...

“Accenture said Wednesday it has acquired Core Compete, a cloud analytics services firm headquartered in Durham, North Carolina, with additional offices in the UK and India.”, as reported by Business Standard . Further, the press release by Accenture stated: “Core Compete’s approach to cloud analyti...

“Piramal Capital and Housing Finance Ltd (PCHFL), a subsidiary of Piramal Enterprises Limited, has mobilised close to Rs 2,500 crore funds from banks like State Bank of India, Union Bank, Indian Bank, and other corporate investors to integrate Dewan Housing acquisition and also to expand into retail...

“Nykaa Fashion, the fashion e-commerce platform of Nykaa, on Monday announced the acquisition of online jewellery brand Pipa Bella.”, reported Mint . Post acquisition, Pipa Bella is expected to continue operating independently through its own website as well as extend its products to the Nykaa Fashi...

“Byju’s has raised over $1 billion from investors led by Baron Funds, Facebook co-founder Eduardo Saverin’s B Capital Group, and US-based investment hedge fund XN Exponent Holding, regulatory filings with the Ministry of Corporate Affairs—sourced from business intelligence platform Tofler—showed.” r...

Hongkong based leading Asia- Pacific alternative asset manager has successfully completed its acquisition of debt ridden realty financier Altico Capital for for INR 2800 crores ($380M approx), as per reports by Mint . The deal also marks as the first out-of-court insolvency resolution by a defaultin...

White & Case has continued expanding its India practice after the joining of Clifford Chance Singapore’s Rahul Guptan, with AZB & Partners Mumbai-based partner Sayak Maity to join.

Global PE major, Cerebrus Asia Pacific Investments and HDFC Capital Advisors have partnered for a special situations platform amounting to $1bn, focused on high-yield opportunities in the Indian residential real estate sector, according to the reports by The Economic Times & Business Standard. ...

AZB & Partners Delhi senior associate Niruphama Ramakrishnan has joined J Sagar Associates (JSA) and its recently-expanded capital markets team as a partner, with three other fee-earners from Delhi from 1 April.

Mohalla Tech, the parent company behind India’s leading short video app Moj and Indic language social media platform ShareChat has become the latest entrant to the Unicorn Club. The company has raised US$502 million in its latest round. With the new rounds of investment, the valuation stands a littl...

AZB & Partners has promoted two to partner across Delhi and Mumbai: Pranav Atit, general corporate, Mumbai, andAbhimanyu Chopra, dispute resolution, Delhi.

AZB & Partners Pune-based capital markets partner Richa Choudhary has resigned from the firm, as first reported by Bar & Bench.

New Delhi: ([Sterlite Technologies Limited) … said it will acquire Optotec, an optical interconnect products company based in Italy. The deal involves acquisition of 100 per cent of Optotec’s shareholding at an enterprise value of EUR 29 million, a statement by STL said. — The Economic Times AZB &#x...

Acquisition by Total SA of 50% equity stake in a joint venture into Adani Green Energy Twenty Three Ltd, which will own the targets, according to reports . AZB & Partners advised the targets, including 11 subsidiaries of Adani Green Energy Ltd (namely 1. Adani Green Energy (UP) Limited (AGEUPL)...

Treebo Hotels … announced that it has raised $6 million (Rs 45 crore) in a new round of investment from its existing investors. Matrix Partners India, SAIF Partners, Ward Ferry, and Bertelsmann India Investments participated in this round. The company clarified that the fundraising is subject to reg...

Acquisition of 100% shareholding by Chaitanya India Fin Credit Private Limited (and its nominees) of Essel MF Trustee Limited. The Competition Commission of India (CCI) has given its approval under the ‘green channel’ route to acquisition of Essel Mutual Fund by a Sachin Bansal-owned entity. — Busin...