M3 Global Research […] announced the acquisition of Manthan’s healthcare market research business. This bold move facilitates further growth for M3 and consolidates its position as the leading healthcare market research provider. Headquartered in Bangalore, India, with offices in USA, Singapore, and...

Advised Palo Alto Networks, Inc on the India leg in relation to the acquisition of Cloudgenix, Inc. by Palo Alto Networks, Inc. The transaction was structured as a reverse triangular merger, according to reports . Palo Alto Networks (NYSE: PANW), the global cybersecurity leader, today announced that...

Fresh-produce distributor Waycool Foods & Products Pvt. Ltd has raised Rs 227 crore ($32 million) in a combination of equity and debt funding led by venture capital firm Lightbox. — VCCircle Khaitan & Co advised Lightbox Ventures III led by a team of partner Vivek Sriram , associate Muruga...

From today, nearly all of Khaitan & Co lawyers and support staff will officially have the option of working from home, in a bid to reduce the risk of spreading the novel coronavirus (COVID-19) amongst its workforce.

Apart from being early out of the gate in advising clients on the potential legal fall-out of the global pandemic of the novel coronavirus SARS-CoV-2 (causing COVID-19), India’s law firms have been beginning taking a number of measures to deal with an expected spike in reported infections, including one firm stress-testing its “work from home” (WFH) arrangements.

Popular retail chain Chaayos has raised $21.5 million in an equity and debt mix (Series-B2 round) led by Silicon Valley-based investment firm Think Investments. The tea cafe chain, led by Sunshine Teahouse Pvt Ltd raised $18.5 million of primary capital from Think Investments and other investors, an...

Private equity (PE) giant Blackstone Group is investing ₹380 crore to buy a majority stake in the warehousing business of Mumbai-based Allcargo Logistics Ltd for developing logistics parks in key consumption hubs across India. — Mint Khaitan & Co advised The Blackstone Group led by a team inclu...

JSW Bengaluru Football Club Private Limited has entered into a club partnership with Rangers Football Club, one of the oldest football clubs in the world and the current leaders of the Scottish Premiership, to share expertise, facilities, goodwill, knowledge and resources to enhance the quality of f...

Indian Railway Finance Corp, the market borrowing arm of the Indian Railways, has filed a draft prospectus with the Securities and Exchange Board of India (SEBI) to float an initial public offering. — VCCircle Khaitan & Co advised Indian Railway Finance Corporation Limited , via the Government ...

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...

Tanglin Venture Partners, a $50-million fund floated by former Tiger Global executives Ravi Venkatesh and Edwina Yeo, has invested around ₹40 crore in home appliances brand Lifelong Online, its first funding in India. The round includes a mix of primary and secondary infusion, people familiar with t...

Global private equity firm Blackstone Group Inc has formed a joint venture with Greenbase, a Hiranandani group firm, to develop warehousing and logistics parks across the country. This marks the entry of Blackstone, a US-based company, into the Indian warehousing and logistics sector. — Mint Khaitan...

Apeejay Surrendra Park Hotels Ltd, which owns and operates hotel under the brand name ‘The Park’, has filed a draft prospectus with the Securities and Exchange Board of India for an initial public offering. — VCCircle Khaitan & Co advised the managers , ICICI Securities Limited , Axis Capital L...

Adani Logistics, a wholly-owned subsidiary of Adani Ports on Friday announced its plans to acquire cold-chain operator Snowman Logistics with the latter’s promoter Gateway Distriparks Ltd making a complete exit. The Adani Group company will buy the 40.25% stake of Gateway Distriparks for a considera...

India Business Excellence Fund – III, a fund managed and/or advised by MOPE Investment Advisors Private Limited (“MOPE”), have committed INR 2,500 million to VVDN Technologies Private Limited (“VVDN”/the “Company”), a Gurugram based company engaged in the business of Product Engineering and Electron...

Link Legal India Law Services partner Siddharth Srivastava will be joining Khaitan & Co in its banking and projects practice in Delhi.

ReNew Power Ventures Pvt. Ltd has formed a joint venture with South Korea-based engineering, procurement, and construction (EPC) firm GS E&C to build a 300 megawatt solar power plant in Rajasthan, according to a joint statement released by the companies on Wednesday. NEW DELHI : ReNew Power Ven...

Gateway Distriparks has entered into a share purchase agreement to sell its second CFS - Chandra CFS & Terminal Operators Private Limited - to Team Global Logistics Private Limited (TeamGlobal), for ₹47 crore and an amount equal to earnings before depreciation and amortisation for a period of A...

Mumbai-based financial services group Centrum has acquired the business operations of New Delhi-headquartered microlender Altura Financial Services Ltd through its unit Centrum MicroCredit Ltd. — VCCircle The deal was structured by way of a business transfer arrangement. Post the acquisition, CML wi...

Quadria Capital has invested (via Nile II Investments Holding Pte Ltd) in Asian Institute of Gastroenterology Private Limited, by way of subscription to primary securities and purchase of shares from Samara Capital, aggregating to approximately $52m, according to Khaitan & Co. Khaitan & Co...