L&L Partners’ corporate partner Vishwanath Pratap Singh, whom we had first reported to have left in April, will be joining Cyril Amarchand Mangaldas (CAM) in the coming days, coinciding with Trilegal corporate partner Ravindra Bandhakavi’s move that will also complete in the next few days.

Financial Services focused Edelweiss Group … said US-based Kora Management will invest up to $125 million (around ₹875 crore) in the group. Kora Management, an investment firm focused on financial and technology sectors across emerging markets, is already an investor in Edelweiss. Kora has committed...

A91 Partners, a venture capital firm floated by three former Sequoia executives, Gautam Mago, VT Bharadwaj and Abhay Pandey has held its first and only closing earlier this week. The fund raised approximately $350 million from a large number of investors, which includes development finance instituti...

Trilegal Mumbai-based counsel Arun Joshi has joined Morgan Stanley’s India legal team as vice president legal.

mValu Technology Services Private Limited, InCred’s FinTech arm, has raised $5m in its Series A funding round from Elevar Equity, according to Trilegal. Trilegal advised mValu Technology Services Private Limited , InCred’s FinTech arm, led by a team of partner Kunal Chandra and senior associates Deb...

Trilegal Mumbai counsel Shamin Shah has joined South African media and global investment giant Naspers as M&A legal counsel in India.

Trilegal has confirmed its vote to admit AZB & Partners Mumbai partner Harsh Maggon into its partnership and corporate practice.

Trilegal counsel Tanya Mehta has joined Brookfield Asset Management in its investment team as vice president in a legal role.

Trilegal counsel Padmaja Kaul, who’d been with the firm since 2012, has joined IndusLaw in Delhi as its second litigation partner in the city.

Sahajanand Medical Technologies (SMT), a manufacturer of cardiac stents, on Wednesday said it has raised Rs230 crore in a funding round led by Morgan Stanley Private Equity Asia. — Mint Economic Laws Practice (ELP) advised previous investor Samara Capital , which also joined the round, led by a team...

Future Consumer Ltd, part of Kishore Biyani-led Future Group, plans to raise around Rs 280 crore through issuance of debentures to Verlinvest SA and the International Finance Corporation (IFC) on a preferential basis. The company has sought shareholders’ nod on the proposal to issue compulsorily con...

Jerome Merchant + Partners represented Crestline Direct Finance, as Indian counsel, in connection with a $50m acquisition finance loan facility provided for the acquisition of a multinational software company with operations in India and the US. Jerome Merchant + Partners advised Crestline Direct Fi...

Jerome Merchant + Partners represented Crestline Direct Finance, as Indian counsel, in connection with a $100m acquisition finance loan facility provided for the acquisition of a multinational healthcare company with operations in India and the US. Jerome Merchant + Partners advised Crestline Direct...

International Finance Corporation (IFC) has proposed to invest up to $8 million in equity in Mintifi, a tech-driven distributor/dealer financing platform. The company also has an impact investment fund as an investor. — Business Standard L&L Partners advised Mintifi Private Limited led by a tra...

Blackboard Inc. … announced that the company has completed the sale of its Blackboard Transact business unit (“Transact”) to Reverence Capital Partners, LP (“Reverence”). The completion of the transaction will allow Blackboard to remain focused on and continue to deliver market-leading innovation in...

GMR Infrastructure said a consortium comprising the Tata Group, an affiliate of Singapore sovereign wealth fund GIC and Hong Kong-based SSG Capital Management would invest Rs 8,000 crore ($1.16 billion) in its airports unit. GMR will use the entire fund to bring down its debt to Rs 12,000 crore from...

Kishore Biyani-promoted Future Retail has bought Foodworld, a supermarket chain that is popular in Bangalore, for Rs 40.79 cr in cash. — Ultra.News Desai & Diwanji advised Future Retail Limited led by a team of partner Siddharth Mody , senior associate Rahul Deodhar , and associates Prerana Cha...

Japanese heating, ventilation, and air conditioning (HVAC) major Shinryo Corporation Wednesday announced the acquisition of Suvidha Engineers India Pvt Ltd for an undisclosed sum. The deal has been concluded and signed recently. — The Economic Times Trilegal advised Shinryo Corporation led by a team...

Crowdanalytix raised raised $40 million in a strategic investment from Macnica, a subsidiary of Tokyo electronics firm Macnica Fuji Electronics Holdings, according to reports . Trilegal advised Macnica Inc led by a team of partner Charandeep Kaur ; counsel Clarence Anthony ; senior associate Harshit...

Homegrown private equity firm Carpediem Advisors Pvt. Ltd has led a Series A investment round of $7 million (Rs 51 crore) in online fashion jewellery brand Sukkhi Online Pvt. Ltd. — VCCircle Lex Consult advised Sukkhi Online Private Limited led by a team of partners Naresh Pareek and Majid Siddiqi ....