New Lane Trading LLP made a minority co-investment in the share capital of FirstMeridian Business Services Private Limited, a staffing service provider, co-owned by Samara Capital, Goldman Sachs, and Janchor Partners, according to reports.

Beijing-based TAL Education Group, an education and technology enterprise, has invested $5 million (close to Rs 35 crore) in Vedantu, a live online tutoring company. — Business Standard Link Legal India Law services advised TAL Education Group led by a team of partner Manish Gupta ), senior associat...

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 ...

“GMR Infrastructure Ltd (GIL) on Monday said it has settled an ongoing arbitration with the private equity (PE) investors in its airport business GMR Airports Ltd (GAL), a move that is expected to clear the decks for GAL’s initial public offer (IPO),” reported Mint . Link Legal India Law Services ad...

Udaan, “founded by three former senior executives of Flipkart, is in advanced talks to raise $225 million from existing investors DST Global and Lightspeed Venture Partners’ global fund, according to two people familiar with the development,” reported The Economic Times . Link Legal India Law servic...

“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...

“Online payment service PayU has acquired California-based financial technology company Wibmo for $70 million (Rs 483 crore). PayU, which is the fintech arm of South Africa’s Naspers would combine its merchant network and Wibmo’s digital transaction security solutions to offer payments solutions to ...

“Managed IT services provider Claranet has announced the purchase of NotSoSecure, experts in ethical hacking training and penetration testing for networks, web and mobile apps,” reported Infosecurity Magazine . Link Legal India Law services advised Claranet Group Limited led by a team of managing pa...

“Omni-channel nutrition platform HealthKart has raised USD 25 million (over Rs 174 crore) from investment firm Sofina in a fresh round of funding. The company will use the funds to expand its offline store network, develop additional direct-to-consumer nutrition brands and strengthen its vertical in...

“Edtech startup Classplus has raised $1.6 million in its pre-series A funding round led by Times Internet and GREE Ventures. Times Internet is owned by BCCL, which publishes this newspaper,” reported The Economic Times . Link Legal India Law Services advised Classplus (owned by Bunch Microtechnologi...

“The Ramky Group, which last fortnight sold a controlling stake in a group company to global private-equity major KKR in a landmark deal, has agreed to sell it’s access-controlled road asset NAM Expressway in favour of the Singapore-based toll roads operator Cube Highways for Rs 1,669 crore. The sal...

“Elara Technologies, which owns Housing.com, PropTiger, and Makaan.com, has acquired Gurugam-based rental brokerage platform FastFox to foray into online-to-offline home rentals. FastFox was valued at just under Rs 100 crores at the time of the transaction, the company said in a statement,” reported...

“Amazon Pay has acquired personal assistant platform Tapzo, its first such deal in India, in a bid to build on and widen the scope of its payment offering. The part-stock and part-cash deal is valued at $40-45 million and will see Tapzo’s investors exit with a cash payout, according to two people aw...

“In its first asset sale since going bust last year, Infrastructure Leasing and Financial Services Ltd (IL&FS) on Monday said it has agreed to sell its 874 megawatts (MW) operational wind energy portfolio to state-run gas utility GAIL (India) Ltd for ₹4,800 crore. The sale will close in three w...

Link Legal India Law Services associate partner Darshika Singh has joined Japanese conglomerate Mitsui & Co’s India subsidiary in-house, in its Delhi legal team in mid-January.

Link Legal India Law Services banking and finance partner Anurag Dwivedi has joined Shardul Amarchand Mangaldas as a partner in Delhi.

“Sagarmala Dev invests Rs 125 cr in Krishnapatnam Railway Co for rail corridor: Krishnapatnam Railway Company Ltd (KRCL) said […] it has received an investment of Rs 125 crore from Sagarmala Development Co,” reported The Times of India . Link Legal India Law Services advised Sagarmala Development Co...

Link Legal team led by Partner Anuj Trivedi and Senior Associate Sanya Haider advised Kwang Yang Motor Co. Ltd, or Kymco on its entry into Indian market. KYMCO is one of the global leading powersports brands and pioneers the industry’s first smart energy bay. Twenty Two Motors is an electric scooter...

Vishakhapatnam Port Trust, Paradeep Port Trust, Jawahar Lal Nehru Port Trust and Deendayal Port Trust have in principle agreed to acquire 100% of the Government of India’s shares in Dredging Corporation of India Limited for a 73.47% of total shareholding. “Four major ports sign MoU to buy government...

“Cygni Energy raises $6.4 million through debt and equity: The funds will help the startup in expanding capacity, strengthening R&D capabilities and increasing market reach,” reported The Economic Times . Link Legal India Law Services advised Endiya Partners led by a team of partner Manish Gupt...