Articles tagged with: IC Universal Legal
Samvad, IC Universal, AZB, Tatva act on $8m Shiksha Financial Series B
Private equity fund Zephyr Peacock India Growth Fund has led a ₹55 crore funding round in Shiksha Finance, a Chennai-based education finance company, said a senior executive. — Mint Samvad Partners advised Shiksha Financial Services India Private Limited led by a team of partner Natasha Mahajan ; as...
IC Universal acts for Equanimity Ventures on $5m Series B in Peel-Works
“Peel-Works, a software-as-a-service and big data analytics platform for small-and-medium-sized retailers has raised $5 million in Series B funding. The round was led by Equanimity Ventures, with the participation from HDFC Bank and Bruno Raschle while existing investors like Unilever Ventures, Chir...
IC Universal acts Raj Kapoor’s sale of RK Studios to Godrej Properties
“Raj Kapoor’s RK Studios in Chembur, an eastern suburb of Mumbai, has slipped into history. The 2.2-acre iconic landmark has been sold to Godrej Properties, the Godrej group’s real estate company. Although neither party is willing to put a figure to the deal, the industry estimate is that the plot w...
IC Universal, BDO help Intello Labs raise $2m from Omnivore, Nexus
“Agritech startup Intello Labs announced that it has raised a seed round of $2 million from Nexus Venture Partners and Omnivore. Intello Labs uses artificial intelligence tools including computer vision and deep learning, to build a platform for grading and quality monitoring of agricultural commodi...
IC Universal promotes 3 to PA, 1 to SA in Chennai, Ahmedabad, Delhi, Mumbai
3 principal associate promos at IC Universal IC Universal Legal has promoted one senior associate each, in Chennai, Ahmedabad and Delhi, to principal associate level. New principal associates: Dikshit Mehta - Chennai Aditya Bimal Mehta - Ahmedabad Peeush Sharma - Delhi Sanchit Kapoor has been promot...
IC Universal, best friend Chugh act on US sale of India’s Sak Abrasives subsidiary
Buffalo Abrasives Inc located in Buffalo, New York, USA has been acquired by Sak Abrasives Inc, a wholly owned subsidiary of Sak Industries Private Ltd, according to reports . IC Universal Legal advised Sak Abrasives Inc led by the Chennai team of IC Universal Legal, comprising of senior partner Kav...
IC Universal acts on $2m Omnivore investment in TartanSense agri-robotics
TartanSense, a Bengaluru based agritech and robotics platform has raised $2 million, according to the Economic Times . IC Universal Legal Chennai advised Omnivore Partners led by a team of partner Sameena Chatrapathy , senior associate Shreya Deora , associate Raghavi Raj and company secretary Ranji...
Themis, IC fire up $1.8m debt fundraise for PopiCorn maker Timla Foods
Timla Foods Private Limited, which makes flavoured pop-corn under its brand name “PopiCorn”, raised INR 12 Crores from Anicut Capital by way of debt, according to reports . Themis Associates advised Timla Foods Private Limited led by a team of Themis Mumbai associate partner Siddharth Manchanda and ...
Ex-SAMer Kalpataru Tripathy acts for Fusion Micro Finance on $75m cash infusion from Warburg, opposite CAM, JSA, Vertices, IC Universal
US-based PE firm Warburg Pincus has acquired an indirect minority stake in Fusion Micro Finance Private Limited, an MFI based out of Delhi, through a primary subscription as well as secondary acquisition from certain early stage investors., according to reports . KT Advisors advised Fusion Micro Fin...
Rajaram, Themis, IC Universal on Daily Ninja’s $2.7m Series A by Matrix Partners, Sequoia, Saama
Milk and grocery delivery startup DailyNinja has raised an estimated 20 crores (around $2.7m) in a Series A round of funding from Matrix Partners India, with participation from existing investors Sequoia India and Saama Capital. reported The Economic Times . The current investment comes a few months...
Clove Legal, IC Universal advise on CLR Facility majority acquisition of Hindustan Facilities
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...
CAM acts on Colgate-Palmolive 1st India investment in Rajaram-client Bombay Shaving Co for $2.6m
Colgate-Palmolive, via its Hong Kong arm, has made its first India venture capital (VC) investment, with an Rs 18 crore ($2.6m) buy of 14% in men’s grooming firm Bombay Shaving Company, reported the Economic Times . Rajaram Legal advised Bombay Shaving Company led by managing partner Archana Rajaram...
IC Universal Chennai advise NBFC Annapurna Finance on $23m fund-raise from Oman India Joint Investment Fund
Bhubaneshwar-based microfinance lender, Annapurna Finance has raised Rs 155 crores ($23m) from Oman India Joint Investment Fund II, a mid-market private equity firm backed by Oman’s State General Reserve Fund and State Bank of India, as reported by VC Circle and Mint . The current fund-raise marked ...
IC Universal promotes 3 to partner post-merger, grows to 18
IC Universal Legal has promoted three to partner in its first promotion round after the merger of IC Legal and Universal Legal, also elevating 6 to principal associate and 9 to senior associate across its offices.
Desi bunny for sale: Pamasis, IC Universal bag Viiking Ventures acquisition of Playboy rights from ‘wonderful’ client PB Lifestyle
One does wonder whether all the Playboy publicity generated by Hefner’s death late last month would have positively affected valuations…