Skin and hair care brand mCaffeine … said it had raised $2 million as a part of its Series A funding led by RP-SG Ventures. Other key investors who participated in this round include Apurva Salarpuria, LV Angel Fund, KRS Jamwal, and Telama Investments. — Yourstory Veeksha Law advised Lets Venture Fu...

Lokal provides local news, information and classifieds for India. Since launching the app 10 months ago, Lokal has grown to 260,000 daily active users and is growing at 27% month over month. “The existing apps only focus on national and state level news,” the founder said. Otherwise, in order to get...

Poovayya & Co has promoted Bangalore-based Pallavi Smriti to partner in its litigation practice, with effect from this year.

Skin and hair care brand mCaffeine on Tuesday said it had raised $2 million as a part of its Series A funding led by RP-SG Ventures. Other key investors who participated in this round include Apurva Salarpuria, LV Angel Fund, KRS Jamwal, and Telama Investments. — Yourstory Poovayya & Co advised...

Metro Bikes, a rental start-up for scooters and motorcycles, has raised $12.2 million in a Series A funding round led by Sequoia Capital India and Accel Partners, which will help the start-up develop technologies and expand into newer markets. — Mint Link Legal India Law Services advised Wickedride ...

“Arnab Goswami has repurchased Republic TV shares from Asianet, putting it on track to become an Editor-run news channel. The two-year old broadcaster is now valued at a whopping Rs 1,200 crore. Since its launch in May 2017, Republic TV has retained the leadership position among English News channel...

Leading investment and financial services firm, Jupiter Capital has recently completed the acquisition of up to 33 lakh shares amounting to nearly 66% of BSE-listed non-banking financial company TRC Financial Services, by way of an open offer to the shareholders and contractual arrangements for an aggregate transaction value of Rs 5.92 crores (around $924,000). The offer price of the fully paid shares of TRC Financial Services was quoted at Rs 18 per share.

Acadgild, the Bengaluru-based online education startup operated by Edvista Education Services has recently been acquired by Aeon Learning in an all-stock deal amounting to Rs 64 crores ($10m) as reported by VC Circle and Mint. Acadgild focuses on online degrees and skill development programmes in big data, deep learning and UI/UX design web development, among others and had raised initial investment from venture capital firm Jupiter Capital and K. Ganesh of GrowthStory.

Listed company and product engineering solutions provider, AXISCADES Engineering Technologies has recently closed the initial phase of its acquisition of Bengaluru-based defence electronics firm Mistral Solutions for an aggregate transaction value of Rs 175 crore (approximately $27.24 million) as re...

P&C Legal, the Mumbai-based close friend alliance firm of Bangalore’s Poovayya & Co, has rebranded to become Jerome Merchant + Partners.

Khaitan & Co’s Bangalore office has hired Nalina Mayegowda as a disputes partner from local Bangalore-headquartered Poovayya & Co, where she was also a partner.

“Internet giants YouTube and Google are in a bind. The Madras high court has directed them to disclose details of a user (Marupakkam Seithigal) who posted a video that a private company (Lebara Foundation) termed defamatory,” reported the Times of India.

Cyril Amarchand Mangaldas (CAM) can now file for clients in the Supreme Court, having registered its own Advocate-on-Record (AOR) firm after the shared AOR firm of the erstwhile Amarchand Mangaldas was reconstituted.

P&C Legal advised Mahindra group’s real estate arm Mahindra Lifespace Developers on its Rs 1,000 crore ($164m) joint venture (JV) with Standard Chartered Bank’s investment arm SCM Real Estate. StanChart was advised by Amarchand Mangaldas. P&C Legal partner Vishnu Jerome, whose part of Mumb...

Alliance Legal co-founder and AZB & Partners alumnus Vishnu Jerome has rebranded his practice to P&C Legal after merging his practice into Bangalore headquartered firm Poovayya & Co.

Exclusive: Alliance Legal, which was set up in Mumbai 15 months ago by partners and a senior lawyer from AZB & Partners, J Sagar Associates (JSA) and Talwar Thakore Associates (TTA), is breaking up, and co-founder Vishnu Jerome is in advanced talks to start a Mumbai office for Bangalore firm Poovayya & Co.