Gurugram-based Apollo Tyres on Wednesday said global private equity firm Warburg Pincus will invest $150 million in the company. The board of Apollo Tyres has approved issuance of compulsorily convertible preference shares worth Rs 10,800 million (about $150 million) to an affiliate of Warburg Pincu...

Acquisition by Footpath and other investors of compulsorily convertible preference shares in excess of 10% share capital of Trustroot Internet, according to reports . Bengaluru | Mumbai: Udaan, an online marketplace that caters to small businesses, is close to raising around $500 million in fresh fu...

CDC Group Plc, the UK government’s development finance institution, has made an equity investment of $36 million (Rs 255.36 crore) in Warburg Pincus-backed logistics firm Ecom Express Pvt. Ltd. — VCCircle AZB & Partners advised Ecom Express Private Limited and Warburg Pincus group led by a team...

From today, nearly all of Khaitan & Co lawyers and support staff will officially have the option of working from home, in a bid to reduce the risk of spreading the novel coronavirus (COVID-19) amongst its workforce.

CAM acted for the investors propping up the bank, advised by AZB; Yes had been in intensive care since the Reserve Bank of India (RBI) had put the company on a moratorium on 5 March, which is now set to end in three days following the resolution. AZB & Partners advised Yes Bank Limited (“Bank”)...

CAM acted for the investors propping up the bank, advised by AZB; Yes had been in intensive care since the Reserve Bank of India (RBI) had put the company on a moratorium on 5 March, which is now set to end in three days following the resolution. AZB & Partners advised Yes Bank Limited (“Bank”)...

Apart from being early out of the gate in advising clients on the potential legal fall-out of the global pandemic of the novel coronavirus SARS-CoV-2 (causing COVID-19), India’s law firms have been beginning taking a number of measures to deal with an expected spike in reported infections, including one firm stress-testing its “work from home” (WFH) arrangements.

Canadian asset manager Brookfield Asset Management is investing ₹1,450 crore in Everstone Capital-backed lender IndoStar Capital Finance Ltd, according to the lenders filings with stock exchanges. — Mint S&R Associates advised Everstone Group led by a team of partners Sandip Bhagat and Rachael ...

The former AZB & Partners transaction support group (TSG) head and partner Ami Parikh has joined global credit check and financial analytics agency Experian India on 11 February as its head of legal and compliance, according to her Linked-in profile.

Acquisition of 60% stake in the Investment Services Business of Fiserv Inc. by Motive Partners, according to reports . AZB & Partners advised Motive Partners led by a team of partners Ashwath Rau and Anu Tiwari , senior associates John Adwet Raghav , Apeksha Mattoo and Sohni Kherada . Deal valu...

Chalet Hotels Limited (Chalet), today signed a Share Purchase Agreement (SPA) for the purchase of Belaire Hotels Private Limited (BHPL), owner of Novotel Pune Nagar Road Hotel and its affiliate entity Seapearl Hotels Private Limited (SHPL) based on an aggregate enterprise value of ~Rs.290 crore. — E...

Indian Railway Finance Corp, the market borrowing arm of the Indian Railways, has filed a draft prospectus with the Securities and Exchange Board of India (SEBI) to float an initial public offering. — VCCircle Khaitan & Co advised Indian Railway Finance Corporation Limited , via the Government ...

Uber will get a 10% stake in Zomato in a deal that values Uber Eats at $300-350 million, a person familiar with the matter said on condition of anonymity. In January, Zomato raised $150 million in fresh capital at a valuation of $3 billion from existing investor Ant Financial. — Mint AZB & Part...

Siemens investment arm Next47 has made its first direct investment in India, in a $9 million round in supply chain management software provider Pando. The round was led by Chiratae Ventures, along with existing investor Nexus Venture Partners. — The Economic Times Samvad Partners advised the Siemens...

Tanglin Venture Partners, a $50-million fund floated by former Tiger Global executives Ravi Venkatesh and Edwina Yeo, has invested around ₹40 crore in home appliances brand Lifelong Online, its first funding in India. The round includes a mix of primary and secondary infusion, people familiar with t...

Canada’s Brookfield Asset Management Inc is set to acquire two wind farms from Hyderabad-based Axis Energy Ventures for Rs 500 crore, two people aware of the development told ET. This would be Brookfield’s first direct acquisition in the renewable energy space in India. — The Economic Times AZB ...

The Board of UFO Moviez India at its meeting held on 20 December 2019 has approved an investment of Rs 20 crore by way of convertible instruments over a period of three years in Cinestaan Digital. Post conversion of instruments, the company will get up to 62.50% stake in Cinestaan Digital. — Busines...

Apeejay Surrendra Park Hotels Ltd, which owns and operates hotel under the brand name ‘The Park’, has filed a draft prospectus with the Securities and Exchange Board of India for an initial public offering. — VCCircle Khaitan & Co advised the managers , ICICI Securities Limited , Axis Capital L...

Non-banking finance company Five Star Business Finance has raised $50 million in a new funding round led by private equity major TPG Capital, valuing the Chennai-based lender at $950 million. The company, which was founded back in 1984, has been on a strong growth trajectory since 2014, creating a b...

ZestMoney, an artificial intelligence-driven financing platform, has raised over Rs 100 crore ($15 million) in an equity investment round led by American investment banking giant Goldman Sachs. The Bengaluru-based company’s existing investors, Naspers Fintech, Quona Capital and Flourish, also partic...