South Asia- and Africa-focused healthcare delivery platform Evercare, a portfolio company of TPG’s The Rise Fund, has acquired Bangladesh-based Apollo Hospitals Dhaka for BDT10b (approximately USD118m). — Empea Desai & Diwanji advised STS Holding Ltd. (Promoter of Apollo Hospitals-Dhaka) led by...

Exclusive: The future is bright at Trilegal, despite virus, according to its new MPs*

Trilegal has promoted two of its corporate lawyers - Ankush Goyal and Tejas Adiga - to its all-equity partnership, growing to 55 now.

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.

Trilegal’s founding partners are to take a step back from management, albeit gradually, with the firm’s partnership having decided to appoint a new management committee (MC) of partner Nishant Parikh and as well as co-founding partner Sridhar Gorthi.

Reliance Industries Ltd (RIL) today announced a consolidation of its media and distribution businesses spread across multiple entities into Network18. — Mint Trilegal advised Reliance Industries Limited (RIL) in the restructuring as the sole legal advisor on the deal, according to the firm’s release...

Exclusive: 10+ year Trilegal partner leaves to look for solutions outside of the law to help make his city more sustainable and resilient%%

Food delivery and restaurant discovery startup Zomato has raised Rs 353.58 crore from Antfin Singapore Holding Pte. Ltd, an existing shareholder in the company. The Gurugram-based firm allotted 11,777 class J compulsorily convertible preference shares for this funding, according to financial data ac...

Uber will get a 10% stake in Zomato in a deal that values Uber Eats at $300-350 million, a person familiar with the matter said on condition of anonymity. In January, Zomato raised $150 million in fresh capital at a valuation of $3 billion from existing investor Ant Financial. — Mint AZB & Part...

Syncsort, the global leader in Big Iron to Big Data software, today announced it has signed a definitive agreement to acquire Pitney Bowes’ Software Solutions business. Together, Syncsort and the Pitney Bowes software & data business becomes one of the largest data management software companies...

NEW DELHI: Attracted by India’s green energy trajectory, LGT Lightstone Aspada plans to invest up to $50 million in Canadian firm AMP Solar Group’s India unit, said four people aware of the development. — Mint IndusLaw advised long-standing AMPSolar India and its management team led by a team of par...

LivFin, an SME-focused supply chain Fintech startup has raised a $5 million round of funding led by German development finance institution DEG. The funds will be used for expansion of operations and to reach the startup’s AUM target of $40 million by March 2020. — The Economic Times S&R Associa...

Japan’s Mitsubishi Corp. is set to increase its 3% stake in TVS Automobile Solutions Pvt. Ltd (TASL) to 25%, the companies announced on Monday in Chennai. — Mint TVS Automobile Solutions Private Limited (TASL), one of India’s leading independent aftermarket players and part of the $8.5 bn TVS group,...

The all-equity partnership of Trilegal has elected to hire Cyril Amarchand Mangaldas partner Joseph Jimmy as a partner in banking and finance in Mumbai, growing its partnership to 54.

Private equity firm Blackstone Group LP will invest in omni-channel education and test preparation firm Aakash Educational Services Ltd, the PE firm said… The PE firm is expected to pick up a 36.5% stake in Aakash for ₹1,350 crore at a valuation of over $500 million… Aakash is one of India’s largest...

Much like nearly every other industry, technology has been threatening to eat the world, if not lawyers’ lunches, though most action has been happening overseas.

Embassy Office Parks acting general counsel Clarence Anthony, who had been on secondment to the real estate developer from Trilegal since April, has returned to the law firm in Bangalore with a promotion into its equity partnership, in news that was first reported by Bar & Bench.

Trilegal has hired Cyril Amarchand Mangaldas (CAM) partner Kunal Gupta as a partner in white-collar crime investigations in Delhi.

Ebay has picked up a 5.5% stake in Paytm Mall, as the San Jose-based online marketplace makes another attempt to get a slice of the Indian e-commerce market. Ebay said its global inventory will be available to over 130 million active users on Paytm Mall and Paytm’s app ecosystem as part of the deal....

After almost a year of negotiations, global e-commerce and technology giant Amazon.com is acquiring a 49 per cent stake in Future Coupons, the promoter entity of Future Retail. According to sources in the know, the size of the deal is between Rs 1,500 crore and Rs 2,000 crore. Through this transacti...