Hospital-focused supply chain platform Aknamed… said it has acquired Vardhman Health Specialties for USD 35 million (over Rs 250 crore). The transaction enables Aknamed to further promote excellence in the delivery of healthcare essentials, with an enhanced pan-India footprint with leadership in the...

Start-up law firm Anoma Legal, which had peeled off from K Law just over two years ago with seven partners, has now grown to 13 partners with Vishal Bhat joining from their alma mater.

Awign Enterprises Pvt. Ltd, a Bengaluru-based operations and sales outsourcing startup, has raised its Series A round of funding — VCCircle (Paywall) Awign provides an online platform for outsourcing sales and operations through gig workers listed on their platform. IC Universal Legal advised Lumis ...

K Law has hired Krishna Dipayan Dash as an associate partner. Dash had gone been a principal associate at Anoma Legal until March 2019, when he went independent as a lawyer, according to his Linked-in profile. Dash specialises in banking and finance and is joining K Law’s Mumbai office. Dash is a 20...

Robotics deep-tech startup CynLr … said it has raised Rs 5.5 crore ($778,900) in its seed round of funding led by venture capital firms Speciale Invest and Arali Ventures. — VCCircle Saakshya Law Advocates & Solicitors advised Speciale Invest Fund I & Arali Ventures via Arali Investment Tr...

France-based Imerys Group, a company into mineral-based specialities, has signed an agreement to acquire Hyderabad Industries Ltd’s (HIL’s) thermal insulation business for ₹80 crore in an all-cash deal. HIL is a part of the $1.6-billion CK Birla Group. — Hindu Business Line Khaitan & Co advised...

Chennai-based speech recognition company Uniphore Software Systems has raised $38 million in fresh funding, led by California-based venture capital firm March Capital Partners, at an estimated valuation of around $130 million. The Series-C funding round also saw National Grid Partners, Sistema Asia ...

K Law partner Arjun Rajgopal has joined L&L Partners in Delhi in its corporate practice, according to the firm and his Linked-in profile.

ARA Law has hired K Law Bangalore-based associate partner Subharekha Ravi as co-head of its private equity (PE) and venture capital (VC) practice.

In what is an important development for Indian language enabling of India’s Internet, Reliance Industries has acquired a majority stake in Reverie Language Technologies: RIL, India’s largest business conglomerate, has acquired an undisclosed majority stake for Rs 190 crores (around $27.3 million a c...

Axilor backs health-tech startup floated by Housejoy co-founder. Axilor Ventures, the startup accelerator and seed fund led by Infosys co-founders Kris Gopalakrishnan and SD Shibulal, has made [an investment in MedOps] — VCCircle Link Legal India Law Services advised MedOps Technology Private Limite...

Wong was a founding partner of Hong Kong-based venture capital firm Cyber Carrier, which has invested about $30 million in several Indian startups including KrazyBee. — The Economic Times Link Legal India Law services advised Cyber Carrier led by a team of partner Jyoti Maheshwari ; partner Santosh ...

Women-centric social network Healofy on Wednesday said it has raised $8 million (about Rs 55 crore) from China’s maternity and child-focused community platform BabyTree Group, BAce Capital, a fund anchored by Ant Financial Services Group, and existing investor Omidyar Network India. — Hindu Business...

“IDFC Alternatives, the private equity arm of IDFC Ltd, has bought a 40 megawatt (MW) solar power project in Madhya Pradesh operated by IL&FS Energy, two people aware of the matter said. Vector Green Energy, a company formed by IDFC Alternatives’ India Infrastructure Fund II to house its renewa...

Intelligent Industrial Internet Systems Private Limited (i3 Systems) raised USD $1 million in investment from Unitus Ventures, India’s leading impact venture fund investing in early-stage startups innovating for the masses. Angel investors also participated in this investment round, according to rep...

“Suryoday Small Finance Bank raises fresh funding from new and existing investors: Mumbai-based Suryoday Small Finance Bank Ltd on Wednesday said it has raised Rs 248 crore ($35.8 million) from three promoters and a clutch of existing and two new investors,” reported VCCircle . J Sagar Associates (J...

Express logistics company Spoton has been acquired by a consortium of investors led by homegrown private equity fund Samara Capital and Xponentia Fund Partners for Rs 550 crore in cash. Spoton’s acquisition is a part of Samara’s plan to create a retail ecosystem that the Mauritius-based PE firm woul...

Sequoia and SAIF’s stake in Walnut, a Bangalore based personal finance management app-maker, was acquired by Capital Float, a Bangalore based digital lending platform (in which Sequoia and SAIF are existing investors) for $30m, according to reports . Themis Associates advised Sequoia Capital and SAI...

“Healthtech startup HealthPlix raises $3M from IDG Ventures and Kalaari Capital: HealthPlix will use the funds to strengthen its technology and expand its team and services in other geographical markets. Bengaluru-based healthtech startup HealthPlix raised $3 million from IDG,” reported Yourstory.

i3 Systems has raised $1m in funding From Unitus Ventures and others, according to Inc42 . Assentio Legal advised i3 Systems . Assentio Legal is an Indian law firm, with offices in Chennai , with 2 total partners, of which 1 is a corporate partners and 1 specialises in disputes. Also advising was K ...