Articles tagged with: Jerome Merchant + Partners

JMP, Khaitan act on Rainshine Entertainment investment in Medverve

Rainshine Entertainment Private Limited invested in a media company and development platform Medverve Impact Ventures Private Limited (“ATS”), according to Jerome Merchant & Partners. ATS is in the business of producing original journalism, documentaries and narrative non-fiction content across...

JMP, Khaitan act on Rainshine Entertainment investment in Medverve

Rainshine Entertainment Private Limited invested in a media company and development platform Medverve Impact Ventures Private Limited (“ATS”), according to Jerome Merchant & Partners. ATS is in the business of producing original journalism, documentaries and narrative non-fiction content across...

JMP, Desai Diwanji get $5.6m IIFL funding for White Owl Brewery

Premium beer brand White Owl on Thursday said it has raised Rs 40 crore funding led by IIFL India Private Equity Fund, and supported by its existing investors. According to the company, the new funds will be used to deepen White Owl’s presence in its existing markets, expand the brand’s presence to ...

JMP, Desai Diwanji get $5.6m IIFL funding for White Owl Brewery

Premium beer brand White Owl on Thursday said it has raised Rs 40 crore funding led by IIFL India Private Equity Fund, and supported by its existing investors. According to the company, the new funds will be used to deepen White Owl’s presence in its existing markets, expand the brand’s presence to ...

JMP, NDA act on $14m Chalo.com fundraise from Xiaomi, Shunwei, Venture Highway

Chinese smartphone manufacturer Xiaomi and its investment unit, Shunwei Capital, are close to buying around a 10% stake in chalo.com, a daily commute solutions startup, for about Rs 50 crore, two people with direct knowledge of the matter said. The deal, which is part of Xiaomi’s efforts to increase...

JMP, NDA act on $14m Chalo.com fundraise from Xiaomi, Shunwei, Venture Highway

Chinese smartphone manufacturer Xiaomi and its investment unit, Shunwei Capital, are close to buying around a 10% stake in chalo.com, a daily commute solutions startup, for about Rs 50 crore, two people with direct knowledge of the matter said. The deal, which is part of Xiaomi’s efforts to increase...

A(nand) P(rasad) Partners acts on $100m Cars24 fundraise with ex-Themis Algo, JMP, Themis, Indus, Linklaters, etc

Online used car marketplace Cars24 has closed a $100 million (about Rs 714 crore) equity financing round from a clutch of new and existing investors, including Unbound, the London-based investment firm founded by Bharti Airtel scion Shravin Mittal. A second new investor, New York-based investment fi...

A(nand) P(rasad) Partners acts on $100m Cars24 fundraise with ex-Themis Algo, JMP, Themis, Indus, Linklaters, etc

Online used car marketplace Cars24 has closed a $100 million (about Rs 714 crore) equity financing round from a clutch of new and existing investors, including Unbound, the London-based investment firm founded by Bharti Airtel scion Shravin Mittal. A second new investor, New York-based investment fi...

JM+P acts for Shuttl on $13.3m Series B with FIVE other law firms

Gurugram-based Super Highway Labs, which runs and owns bus aggregator platform Shuttl, has raised a part of its Series B funding of Rs 41 crore from a clutch of investors led by Proof.VC, according to Shuttl’s filings with the Registrar of Companies (RoC). — Yourstory Jerome Merchant + Partners advi...

JMP acts for Venture Highway in $1.7m investment in events marketplace Myscoot

MyScoot, a platform for meeting new people at home-hosted events, has raised $1.7 million in seed funding from Lightspeed India Partners, Venture Highway and Mayfield India. The Gurgaon-based startup plans to hire its core technology team and expand in the markets it is currently operational in with...

JMP acts for Venture Highway in $1.7m investment in events marketplace Myscoot

MyScoot, a platform for meeting new people at home-hosted events, has raised $1.7 million in seed funding from Lightspeed India Partners, Venture Highway and Mayfield India. The Gurgaon-based startup plans to hire its core technology team and expand in the markets it is currently operational in with...

PDS advises RenewBuy on $19m Series B from JMP, SAM, JSA clients

Lok Capital, IIFL Wealth invest ₹130 cr in digital insurer RenewBuy.com. The digital insurance disruptor has raised ₹130 crore ($19 million) in a Series B funding round led by venture capital firm Lok Capital and IIFL Asset Management. — The Economic Times PDS Legal advised RenewBuy.com , led by par...

JMP, SAM, CAM, Lathams help launch $333m Oriental Infra InvIT

A clutch of investors including Beijing-based Asian Infrastructure Investment Bank (AIIB), Germany’s DEG, International Finance Corporation and Indian group HEG have invested in an infrastructure investment trust ( InvIT ) formed by Delhi-based infrastructure firm Oriental Structural Engineering (OS...

JMP, AZB act on India leg of insurance-tech player Vertafore’s buy of VUE Software, with Kirkland, Gunster

Vertafore, the leader in modern insurance technology, acquired VUE Software (VUE) in India and the US to complement its Sircon solutions and created the most powerful insurer distribution management platform in the industry, according to the company’s press release . Insurtech provider Vertafore has...

JMP, Khaitan, S&R acts on $15.9m promoter, investor exit of Jaypore fashions to Aditya Birla

Aditya Birla Fashion and Retail Limited has acquired Jaypore, an ethnic apparel and accessories retailer, for Rs110 crore to enter the large but untapped market of traditional wear. Established in February 2012, Jaypore sells home decor, accessories, jewelry and had revenues of Rs39 crore in FY19. —...

SAM eats another $16m Faasos follow-up D1 round from existing funds with JMP, Themis

Cloud kitchen platform Rebel Foods, formerly known as Faasos, has raised Rs 110 crore in funding from existing investors Sequoia Capital India, Lightbox Ventures and Evolvence India as part of its Series D1 round, regulatory documents sourced from business intelligence platform paper.vc show. The in...

JMP, Trilegal, JD, PH act for US’ Crestline on $50m software acquisition finance

Jerome Merchant + Partners represented Crestline Direct Finance, as Indian counsel, in connection with a $50m acquisition finance loan facility provided for the acquisition of a multinational software company with operations in India and the US. Jerome Merchant + Partners advised Crestline Direct Fi...

JMP, Trilegal, Jones Day, Paul Hastings act on Cresline $100m acquisition finance deal

Jerome Merchant + Partners represented Crestline Direct Finance, as Indian counsel, in connection with a $100m acquisition finance loan facility provided for the acquisition of a multinational healthcare company with operations in India and the US. Jerome Merchant + Partners advised Crestline Direct...

JMP, Samvad act on $12m IIFL investment in Parksons Packaging

IIFL Special Opportunities Fund, an investment arm of India Infoline Limited, invests approximately Rs 83 crores in Parksons Packaging Limited, a public company in the business of manufacturing of cartons and other customised packages for various business conglomerates. Jerome Merchant + Partners ad...

D&D, JM+P help White Owl beer brewer get IIFL Asset Management funding

IIFL Asset Management Ltd has invested in a craft-beer maker, marking the firm’s debut deal in the alcoholic beverages segment, two people privy to the development told VCCircle. — IIFL Asset Management Desai & Diwanji advised White Owl Brewery Private Limited led by a team of partner Aneesh Gu...