On Tuesday, DeHaat, an online platform that offers full-stack agricultural services to farmers, said it has raised $30 million in a new financing round as the Indian firm looks to maintain its accelerated growth despite the pandemic. — Techcrunch Desai & Diwanji advised existing investors Omniv...

Cyril Amarchand Mangaldas has hired Desai & Diwanji Mumbai partner Ketaki Gor Mehta as a partner in its new office in the Gandhinagar-based office in the Gujarat International Finance Tec-City (GIFT), which it had announced in early May 2021 (alongside IC Universal Legal also opening in the city).

Piramal Pharma Solutions (PPS) made this third acquisition of FY21 as it entered into an agreement to purchase a 100% stake in Hemmo Pharmaceuticals Pvt. Ltd for ₹775 crore, the companies said in a joint statement on Wednesday. PPS is the contract development and manufacturing organization (CDMO) of...

“Cashify has in a Series D funding round raised $15 million from private equity Olympus Capital’s clean energy and sustainability arm, Asia Environmental Partners. Including this, the online reseller has raised a total of $40 million so far. The Gurugram-based startup last raised funds in 2018 from ...

Inflexor Ventures, a deep-tech VC, has invested an undisclosed amount in content translation platform, Vitra.ai, as a part of its DeepTech Fellowship Programme with Venture Capital firm 100X.VC. — Yourstory With the investment, it is expected that Vitra.ai’s unique global market offering will help e...

“IndoSpace, an Industrial real estate and logistics parks’ developer, has entered into a joint venture with ’ wholly-owned subsidiary Model Economic Township Limited (METL) to develop a logistics park in Farukhnagar in Haryana.” as per the report by The Economic Times . Post acquisition, Model Econo...

“State-owned Hindustan Petroleum Corporation Ltd (HPCL) will buy out the share of its joint venture [partner] SP Ports Pvt. Ltd (SPPPL) in the 5 million metric tonnes per annum LNG re-gasification terminal, that is being set up at Chhara in Gujarat,” reported Mint . Desai & Diwanji advised SP P...

D esai & Diwanji has promoted four to partner and 10 to associate partner in its Mumbai office. The following four were promoted to partner: Pinky Patel (Litigation, 1998 LLB) Dhanyashree Jadeja (Litigation, 2008 LLB) Farida Dholkawala (Corporate, 2010 LLB) Rahul Chauhan (Project Finance, 2009 ...

Melbourne based real estate advertising company REA Group Ltd has entered into a binding agreement to acquire a controlling interest in Elara Technologies Pte. Ltd. owner of Housing.com, PropTiger.com and Makaan.com. — Hindu Business Line Australia-based REA Group Ltd will hike its stake to take con...

Jubilant (the lead investor), Xponentia (the new investor) along with certain other investors invested in the pre-IPO fundraising of Barbeque Nation and acquired around 17% of equity stake in the Barbeque Nation out of which Jubilant acquired 10.76 % equity stake. Jubilant FoodWorks Ltd (JFL) … said...

Jubilant (the lead investor), Xponentia (the new investor) along with certain other investors invested in the pre-IPO fundraising of Barbeque Nation and acquired around 17% of equity stake in the Barbeque Nation out of which Jubilant acquired 10.76 % equity stake. Jubilant FoodWorks Ltd (JFL) … said...

Investment of Hindustan Media Ventures Limited in Parijat Innovations Private Limited (Hubhopper), by subscribing to certain equity and compulsorily convertible preference shares, aggregating to 15.79% stake in the company on a fully diluted basis. It is the first investment of HT Group in a company...

The government’s Rs 12,500 crore Alternate Investment Fund (AIF), which offers last-mile funding to stuck housing projects, has disbursed funds to two housing projects and expects to fully deploy its money in two years. Arun Mehta, MD SBI Capital Markets and Chairman, SBICAP Ventures, told ET in an ...

Anoj Menon returns to DnD A ZB & Partners disputes partner Anoj Menon has joined Desai & Diwanji as a partner. Menon had moved to AZB in Mumbai in 2017 from Desai & Diwanji, where he was a partner. Last week, around 23 October, he rejoined Desai & Diwanji. We have reached out to ...

Gamot, an investment platform formed by private equity (PE) firm PAG along with PE funds CX Partners and Samara Capital has acquired a controlling stake in Chennai-based API manufacturer Anjan Drug. — The Times of India AZB & Partners advised PAG Asia Capital HK Limited led by a team of partner...

Greenhouse agritech platform Clover has raised $5.5 million from Omnivore, Accel, and Mayfield. Clover partners with farmers across India and markets premium quality, branded, greenhouse-grown fresh produce through B2B and B2C channels. It provides a full-stack agronomy solution to the greenhouse fa...

Agriculture-technology startup Ecozen Solutions Pvt. Ltd has raised an undisclosed sum of money as part of its Series A funding round from impact investors Caspian and Hivos-Triodos Fund. — VCCircle Desai & Diwanji advised Omnivore Partners led by a team of partner Siddharth Mody and senior ass...

Green Agrevolution Pvt. Ltd, which operates agricultural technology startup DeHaat, said on Tuesday it has raised $12 million (Rs 90.75 crore at current exchange rates) in a Series A funding round. — VCCircle Samvad Partners advised Green Agrevolution Private Limited led by a team of partner Natasha...

South Asia- and Africa-focused healthcare delivery platform Evercare, a portfolio company of TPG’s The Rise Fund, has acquired Bangladesh-based Apollo Hospitals Dhaka for BDT10b (approximately USD118m). — Empea Desai & Diwanji advised STS Holding Ltd. (Promoter of Apollo Hospitals-Dhaka) led by...

Business-to-business (B2B) food commodity marketplace TechnifyBiz said it has raised over $2 million (Rs 14 crore) in its seed round of funding. — VCCircle Desai & Diwanji advised Omnivore Partners India Fund 2 and Insitor Impact Asia Fund Pte. led by partner Siddharth Mody , with a documentati...