Online payment and e-commerce platform, Paytm has made a strategic investment in the resultant joint entity of hyper local deals discovery platforms Nearbuy and Little Internet by infusing fresh funds of over Rs 162 crores ($25m) and acquiring a majority stake of 51%, reported The Economic Times and Mint. The merged entity expected to be valued over $100m and hold a market share of 88%, is said to have been arranged by Paytm as a strategic move to provide their merchant partners an opportunity to offer deals to acquire new customers and grow their business.

Bengaluru-based microlending startup KrazyBee, operated by Finovation Tech Solutions, has raised Rs 52 crores (around $8m) through a Series A equity and debt financing round led by Xiaomi Technologies and venture capital firm Shunwei Capital, along with participation from Mumbai-based Essel Group’s ...

An international tribunal on Monday ruled that it would not take action over a deadly 2012 maritime incident that sparked a diplomatic dispute between Italy and India.

… less and less the older they get… Research by UK-headquartered international firm Eversheds, after interviewing 1,800 young lawyers to shed light on the ‘future leaders’ of the legal profession, revealed that female lawyers earned on average 30 per cent more than their male counterparts when aged ...

The latest and greatest deals and cases not yet covered, rounded up for you in one convenient bite-size package.

Majmudar & Co, UK law firms Addleshaw Goddard and Eversheds have advised on the buyout of UK-based Ventura’s call centre business by FTSE-listed outsourcing company Capita for $94m.

Khaitan & Co will take a lawyer from UK international firm Eversheds on a three-month secondment in September, reported The Lawyer.