Pune-based facility management business CLR Facility Services has bought a majority stake in Mumbai-based Hindustan Facilities, reported VC Circle . CLR is backed by the domestic investment firm, IndiaNivesh Fund. Clove Legal acted as the legal advisors to Hindustan Facilities and was led by partner...

Japan’s Mitsubishi Chemical Corporation will buy the PVC compound business of Mumbai’s Welset Plast Extrusions, which is engaged in master batch (including PVC master batch) and PVC compound businesses. The transaction will complete in autumn of this year, according to Mitsubishi’s press release.

Mswipe Technologies Private Limited, a mobile point of sale (POS) service provider, has raised $10 million with a follow-up funding round led by the B Capital Group, the investment firm from Facebook co-founder Eduardo Saverin backed by BCG, along with existing investor DSG Consumer Partners, aggreg...

Mswipe Technologies Private Limited, a mobile point of sale (POS) service provider, is to acquire the offline merchant-acquisition point-of-sale (POS) vertical business of PayU Payments Private Limited, as reported by Medianama and others.

“EcoCentric Management Pvt Ltd (ECMPL), a Mumbai-based e-waste management firm, has raised its first round of growth capital from a couple of high net worth individuals (HNIs). The funding will be utilized to increase capacity and expand its reach pan-India,” reported Enablers Investment.

Clove Legal advised Indian equipment rental company Rent Alpha on investment in it by Hong Kong based investor Bravia Capital which was advised by Khaitan & Co.

Clove Legal advised queue management app Sminq on raising $1m from various venture funds led by Saama Capital and Blume Ventures. Saama was advised by Samvad.

Clove Legal advised the promoters of Ahmedabad-based Teleysia Networks on selling a controlling stake in it to private equity firm Access Asset Managers which was advised by Platinum Partners. Clove co-founding partners Dharmesh Kotadia and Amit Sirsikar and associate Nupur Rustagi acted for the pro...

Clove Legal advised Goa-based conglomerate Borkar Group on its acquisition of corrugated box maker Suraksha Packers which was advised by Desai & Diwanji. Clove co-founding partner Dharmesh Kotadia and associate Nupur Rustagi acted for Borkar, which deals in printing & packaging, retail, re...

Khaitan & Co advised investment company Meru Capital and IndusLaw advised taxi-calling app Ola on its $25m (Rs 160 crore) infusion in Mumbai-based mobile point-of-sale services provider Mswipe Technologies which was advised by Clove Legal. Khaitan Delhi partner Joyjyoti Misra, principal associa...