Articles tagged with: Shardul Amarchand Mangaldas

SAM acts for PayTM on Nightstay purchase

“Digital payments company Paytm has launched domestic hotel bookings on its platform and has acquired last-minute hotel bookings app Nightstay to expand its travel business,” reported VCCircle . Shardul Amarchand Mangaldas & Co advised PayTM , owned by One97 Communications Limited , led by a te...

SAM, Indus act on $8m Lok Capital investment in Ummeed Housing Finance

“Delhi-based Ummeed Housing Finance Pvt. Ltd has raised Rs 60 crore ($8.3 million) from Zurich-headquartered LGT Impact and Rs 5 crore ($690,000) from existing social-impact investor Lok Capital in a Series C round,” reported VCCircle . Shardul Amarchand Mangaldas & Co advised Lok Capital Growt...

SAM acts on $8.7m Sumitomo-Mahindra JV

“With an aim to increase farm productivity, Mahindra Agri Solutions Ltd. (MASL), a subsidiary of Mahindra & Mahindra has entered into a 60:40 joint venture agreement with Sumitomo Corporation Group, Japan for the crop care business,” according to ET . Shardul Amarchand Mangaldas & Co advis...

AZB assists RIL in $180m buy of AI edu platform with SAM

“Reliance Industries Limited has agreed to buy majority stake of 72.69% in the artificial intelligence (AI)-based education platform Indiavidual Learning Pvt Ltd (“Embibe”) from existing investors,” reported The Hindu . AZB & Partners advised Reliance Industries Limited led by a team of partner...

SAM acts on $140m Zydus preferential allotment for True North

“The Zydus group firm’s board … approved issuing equity shares of face value of Rs 10 each on a preferential basis to Cadila Healthcare, True North, Pioneer Investment Fund and Zydus Family Trust, Zydus Wellness said in a filing to the BSE,” reported The Times of India . Shardul Amarchand Mangaldas ...

SAM, Luthra act on $21m Tynor Orthotics fundraise from Lighthouse

“Mid-market private equity firm Lighthouse Funds has led a Rs 143 crore (around $21 million) investment in Tynor Orthotics Pvt. Ltd, which makes artificial support devices for various body parts,” reported VCCircle . Shardul Amarchand Mangaldas & Co advised Tynor Orthotics Private Limited and i...

AZB, SAM assist Krishna Institute of Medical Sciences on $130m fundraise from GA

“Krishna Institute of Medical Sciences (KIMS Hospitals) announced today global growth equity firm General Atlantic has invested over USD 130 million, in a combination of primary capital and secondary purchases, to acquire a significant minority stake in the company,” reported Business Standard . AZB...

SAM acts on Philippines’ SPi on buy of Chennai’s Scope e-Knowledge

“SPi Global, a Philippines-based content technology and solutions enterprise on Tuesday, said it has acquired Chennai-headquartered Scope e-Knowledge Center for an undisclosed sum. Scope is one of the five businesses under the umbrella of the Quatrro group of companies, largely focused on services a...

SAM acts for FidelisWorld in investment in Wildcraft

The deal pertains to FW Asset Management’s acquisition of Wildcraft India Private Limited, according to reports . “Asia-focussed technology, media, and entertainment fund FidelisWorld has invested an undisclosed amount in Bengaluru-based Wildcraft, an outdoor gear, apparel, and footwear brand in the...

SAM, AZB actson $100m TPG investment in Five Star Business Finance

“Private equity firm TPG said on Tuesday it has led a $100 million (Rs 685 crore) investment round in Five Star Business Finance Ltd, which makes loans primarily to small and medium businesses,” reported VCCircle . Shardul Amarchand Mangaldas & Co advised Norwest Venture Partners led by a team ...

SAM acts on $64m investment from Rise Fund in Fourth Partner Energy

“Fourth Partner Energy announced a $70 million investment from The Rise Fund, a global impact investment fund managed by TPG Growth,” reported Hindu Business Line . Shardul Amarchand Mangaldas & Co advised Rise Fund SF Pte Ltd led by a team of partner Iqbal Khan ; Ambarish, partner; principal a...

SAM acts for Babilou on buy of Tom & Jerry Bangalore creches

“Amelio Early Education, a corporate daycare provider, and a subsidiary of Babilou Grouphas acquired Tom & Jerry Creche, a Bengaluru-based chain of B2B childcare centres,” reported Hindu Business Line . Shardul Amarchand Mangaldas & Co advised Babilou SAS (acting through its subsidiary Ame...

SAM for Swiggy on buy of Scootsy

“Food ordering and delivery platform Swiggy … acquired Scootsy, an intracity delivery service provider in an all-cash deal. The value of the transaction was not disclosed,” reported Mint . Shardul Amarchand Mangaldas & Co advised Bundl Technologies Private Limited , operating as Swiggy led by a...

SAM for Paytm in $400m Softbank investment with AZB, S&R

“SoftBank Group is investing $400 million (26.05 billion Indian rupees) in India’s Paytm E-Commerce Pvt. Ltd. in a funding round that will value the online retailer at roughly $1.9 billion, a regulatory filing showed on Monday,” reported Reuters . Shardul Amarchand Mangaldas & Co advised Paytm ...

SAM advises Amazon.com on $22m investment in Capital Float

“In April last year, ecommerce giant Amazon had invested Rs 144 crore in Capital Float, a transaction that was an extension of the startup’s Series-C round. The Bengaluru-based company also counts Sequoia India, SAIF Partners, Aspada Investments, Creation Investments Capital Management and Ribbit Ca...

SAM on $297.3m Kinetic road project buy

The transaction pertains to Kinetic Holdings 1 Pte. Ltd. acquisition of 100% of the share capital of Simhapuri Expressway Limited from KMC Infratech Road Holdings Limited, BSCPL Infra Projects Limited, and BSCPL Infrastructure Limited; and approx. 90% of the share capital of Rayalseema Expressway Pr...

SAM for Capillary CRM rpvoider on $15m funding from Warburg Pincus

“Bangalore-based Capillary Technologies Pvt Ltd, a SaaS-based CRM solutions provider, has secured around Rs 300 crore ($45 million) in a fresh round of funding led by private equity firm Warburg Pincus,” reported VCCircle . Shardul Amarchand Mangaldas & Co advised Capillary Technologies led by ...

SAM, JSA, Platinum acts on $27m investment in Veritas Finance

“Marking its third deal in the nonbanking finance company space, multi-stage investment firm Norwest Venture Partners has invested $30 million (Rs 200 crore) in Chennai-based Veritas Finance to acquire about 15% stake,” according to reports . Shardul Amarchand Mangaldas advised Norwest Venture Partn...

SAM on $8m investment in ElasticRun

“Pune-based Ntex Transportation Services Pvt. Ltd, which runs logistics startup ElasticRun, has raised close to Rs 60 crore ($8 million) in a fresh funding round, two people directly in the know told TechCircle,” reported VCCircle . Shardul Amarchand Mangaldas advised Norwest Venture Partners , Kala...

SAM advises exiting shareholders on $24m Ebix buy of Indus Software

“Nasdaq-listed Ebix Inc has acquired Pune-based Indus Software Technologies Pvt Ltd for $29 million, including $5 million of contingent earnout,” reported Hindu Business Line . Shardul Amarchand Mangaldas & Co advised existing shareholder BD Capital Partners Limited led by a team of partner Pro...