Series I investment by Germany’s Delivery Hero, Glade Brook Private Investors, Shunwei Ventures and Saturn Shine in Zomato Media, as reported by ET and others. Samvad Partners advised Zomato Media Private Limited led by a team of partner Ashwini Vittalachar ; senior associate Junaira Rahman ; and as...

Khaitan & Co has promoted 42 of its fee-earners to principal associate (PA), and 65 to senior associate (SA), in a round that was heavily dominated by corporate throughout all four cities, according the full list we have obtained.

Law firm Khaitan & Co has promoted 11 of its lawyers to partnership, of whom 6 are women, growing to a total size of 152 partners (with 13 female partners), and is now at 578 fee-earners.

“Punjab National Bank Stock Price: PNB To Sell Shares In PNB Housing Finance To General Atlantic, Varde Partners: The state-run lender will raise around Rs 1,850 crore from the sale, according to its statement to the stock exchanges,” reported Bloombergquint . The total stake sold amounts to 6.5%. K...

“EverSource, NIIF buy stake in Ayana Renewable for $330 million: All three partners will invest $330 million cumulatively, according to a company statement,” reported The Economic Times . The plan is to build a large scale renewable energy platform by focusing on developing utility-scale renewable e...

“Welspun Corp to sell assets worth Rs 940 crore: The company has signed agreement with Laptev Finance to sell its plates and coils mill division for Rs 848.5 crore. The business transfer agreement (BTA) was executed between the two parties on March 31,” reported Mint . Khaitan & Co advised Wels...

“Reliance to acquire 87% stake in chatbot maker Haptik: Reliance Industries Ltd (RIL) has agreed to acquire an 87% stake in artificial intelligence-based conversational platform Haptik,” reported VCCircle . Jio acquired the entire business undertaking of Haptik for a total consideration of Rs 700 cr...

“Samara buys majority in skin-care brand Nature’s Essence: Established in 1998, NEPL is among the leaders in the skin-whitening market, competing with companies such as Dabur, VLCC and Patanjali,” reported The Economic Times , about the deal by way of subscription and transfer of equity shares of NE...

Auto components maker Minda Industries is merging with Harita Seating Systems in a share swap deal. “The Uno Minda group flagship would also get 51% stake in Harita Fehrer, HSSL’s JV with Fehrer Automotive GmbH, which is a major player in the automotive seating business in Europe,” reported the Time...

“Fintech lending platform Ziploan, which provides micro-loans of up to Rs 5 lakh to small and medium enterprises (SMEs), has raised Rs 90 crore in its Series-B funding led by venture capital firm SAIF Partners. The round also saw participation of existing investors Matrix Partners India, Waterbridge...

tags: DMD Advocates, Suresh Surana & Associates, Moss & Barnett, Guantao & Chow, Khaitan & Co, Reinhart Boerner Van Deuren, Eversheds Sutherland, MOLITOR Avocats à la Cour SARL US magazine printer Quad/Graphics bought Minneapolis ad agency Periscope and its subsidiaries in Hong K...

“Clanwilliam makes 18th acquisition as it snaps up Dictate IT: Group recently agreed a €300m debt placement with Alcentra for further expansion,” reported Irish Times . The deal involved acquisition of 100% of Dictate IT Limited (UK entity) together with a 100% acquisition of Bangalore-based Indian ...

“Non-banking financial company Northern Arc Capital Ltd said on Tuesday that it has secured a fresh investment of Rs 910 crore (around $130 million) from a clutch of institutional investors,” reported VCCircle . Investors include IIFL Special Opportunities Fund and its Series managed by IIFL Asset M...

In February of this year, preceding the March $300m buy-in from Hyundai and Kia , Ola subsidiary Ola Electric Mobility raised $14m from investors including Matrix Partners India, Tiger Global; and Sarin Family India, according to reports . Khaitan & Co advised Ola Electric Mobility Private Limi...

Temasek Capital Management Pte Ltd acquired a 30% shareholding in Haldor Topsoe, including its Indian subsidiary Haldor Topsoe India Private Limited, according to a company press release . In India this included conducting due diligence of Haldor Topsoe India Private Limited (the Indian subsidiary o...

“True North to buy 51% stake in Max Bupa Health Insurance: Private equity firm True North will acquire a 51% stake in Max Bupa Health Insurance Company for Rs 511 crore ($72 million),” reported VCCircle . Khaitan & Co advised True North Managers LLP led by a team of partner Niren Patel , princi...

At least seven law firms advised on the giant deal. “With the shared mobility concept gaining traction in India and other markets, South Korean automobile manufacturer Hyundai Motor Group on Tuesday announced an investment of $300 million in India’s biggest cab aggregator Ola Cabs, as part of a stra...

“Blackstone pips Baring, Hero Fincorp to buy Aadhar Housing Finance for Rs 2,700 crore: The company was looking at this deal to free up capital and use the fund to ease liquidity pressure on Dewan Housing Finance,” reported The Economic Times , whose sources pegged the acquisition amount at $378m. K...

“Minda to acquire telematics hardware biz from KPIT Engineering: Minda Industries Ltd has agreed to acquire the business related to telematics hardware products from KPIT Engineering Ltd” for Rs 25 crore (about $3.5 million), reported VCCircle . Khaitan & Co advised Minda Industries Limited led...

“HNG ropes in new investor to pare debt: Debt-ridden Hindusthan National Glass & Industries (HNG), the country’s largest container glass maker, has roped in a new investor, Lotus One Investment Pte of Singapore,” reported Hindu Business Line . Lotus One is a Singapore-based SPV, making a strate...