Education technology firm Vedantu has raised $100 million in Series D funding, led by US-based Coatue Management. Existing investors Tiger Global, GGV Capital, Omidyar and Westbridge Capital also participated in the fundraising. — The Economic Times Bharucha & Partners advised Vedantu Innovatio...

Financial services company Group’s second seed fund has invested Rs 50 crore in men’s grooming start-up Happily Unmarried Marketing, which sells products online under the brand name of Ustaraa. IIFL Seed Ventures Fund II, which was set up by IIFL Asset Management in July last year, has a corpus of a...

New Delhi: Kalpataru Power Transmission Ltd (KPTL) on Friday said its wholly owned subsidiary in Brazil has signed a definitive agreement to acquire 51 per cent stake in Fasttel Engenharia Ltd in the South American country, for USD 8.80 million (over Rs 64 crore). — The Economic Times Bharucha &...

Education technology startup Unacademy has raised an undisclosed amount from Tiger Global Management and Dragoneer Investment Group, valuing the Bengaluru-based company at $2 billion. The latest investment comes just two months after Unacademy raised $150 million led by SoftBank Vision Fund 2 at a v...

Grasim Industries Limited entered into a long-term arrangement with Lubrizol Manufacturing India Pvt Ltd. (Lubrizol) to manufacture and supply Chlorinated Polyvinyl Chloride (CPVC) resin in India, including a Master Project Agreement, Manufacture and Supply Agreement and Technology License Agreement...

SoftBank Group Corp. is leading a round of venture investment in India’s education startup Unacademy, boosting its valuation to $1.45 billion as online learning surges during the coronavirus pandemic. — Mint IndusLaw advised Sorting Hat Technologies Private Limited ( Unacademy ) led by a team of par...

Bharucha & Partners advised UltraTech Cement Limited led by a team of partner Alka Bharucha, managing associate Ayesha Bharucha, associate Aishwarya Gupta.

NoBroker Technologies Solutions has raised an additional $30 million (about Rs 231 crore) from existing investor General Atlantic (GA), the online real estate search platform said in its filings with the Registrar of Companies. — The Economic Times Bharucha & Partners advised General Atlantic l...

Education technology platform Vedantu has raised Rs 96 crore (about $12.5 million) as part of its Series-C1 round, led by Chinese venture capital firm Legend Capital, with participation from Omidyar’s Ohana Holdings. The investment follows a $42-million fund infusion led by Tiger Global Management i...

Making its second bet in the Indian start-up space, social networking giant Facebook has participated in a $110 million investment round in edtech enterprise Unacademy. — Business Standard Algo Legal advised Unacademy , operating as Sorting Hats Technology Private Limited , led by a team of partner ...

Live online tutoring start-up Vedantu has raised $24 million from a group of investors including global venture capital firm GGV Capital as part of their Series C extension round. — Business Standard Bharucha & Partners advised Vedantu Innovations Private Limited and its promoters led by a team...

Abu Dhabi Commercial Bank (ADCB) has agreed to sell the majority of its banking portfolio in India to DCB Bank as it plans to exit all operations in India. The bank … said the decision “will have no impact on profitability” and is part of its strategy to focus on its home market, the UAE. — Gulfnews...

Girnar Software, which owns and operates auto portal CarDekho.com, has raised $70 million (about Rs 500 crore) in a fresh round of financing from a clutch of new and existing investors, including, Global Voyager Fund, an investment arm of Chinese retail financial services giant Ping An. Sunley House...

Interactive online tutoring platform Vedantu on Friday raised $42 million in a Series C funding round led by Tiger Global and WestBridge Capital. Existing investors Accel, Omidyar Network India and TAL Education, as well as Prince Maximilian of Liechtenstein & CEO, LGT group and the founders of...

Bharucha Singh & Partners has reverted into its pre-April 2019-merger constituents, Bharucha & Partners and Mundkur Law Offices.

General Motors (GM) and Tata Consultancy Services (TCS) … announced a new partnership under which the IT major would support the leading automaker in future vehicle engineering across global markets. The new association builds on the 16-year long relationship between the two companies, the companies...

EY India has acquired Mumbai-based C Centric, a provider of CRM solutions and services and will bring on board a team with experience in conceptualizing and implementing CRM solutions. With the acquisition the company will be able to offer solutions in on-premise CRM implementations, that include so...

Reliance Industries said its Reliance Industrial Investments & Holdings subsidiary has agreed to invest Rs 295.25 crore in Mumbai-based Fynd, in a deal that would see early backers Google, Venture Catalysts and Kae Capital exiting the retail-focused startup. In a filing with the Bombay Stock Ex...

Bengaluru-based B2B agritech startup Ninjacart on Wednesday raised Rs 250 crore funding led by Accel US, Syngenta Ventures, Jo Hirao, Founder of ZIGExN, Neoplux, HR Capital and Trifecta Capital. Existing investors Accel India, Nandan Nilekani, Mistletoe and Qualcomm Ventures also participated in the...

Private equity firm General Atlantic will invest $100 million in Rubicon Research Pvt. Ltd, the pharmaceutical product development company in which it acquired a controlling stake [from the Everstone Group]. — Mint Bharucha Singh Mundkur advised General Atlantic led by a team including partner Vanda...