Organic products company Suminter India Organics Pvt. Ltd, which has previously raised funds from venture capital firm Nexus Venture Partners, has raised an undisclosed sum from responsAbility Investments AG’s private equity arm. The terms of the latest deal were not disclosed, but responsAbility ty...

RP-Sanjiv Group’s retail arm Spencer’s Retail has acquired Grodrej group’s premium food retailing venture, Natures Basket, for around Rs 300 crore in an all-cash deal. Nature’s Basket operates 36 stores in Mumbai, Pune and Bengaluru. Nature’s Basket is a wholly-owned subsidiary of Godrej Industries....

Women-centric social network Healofy on Wednesday said it has raised $8 million (about Rs 55 crore) from China’s maternity and child-focused community platform BabyTree Group, BAce Capital, a fund anchored by Ant Financial Services Group, and existing investor Omidyar Network India. — Hindu Business...

“Ebix Inc, a US-listed supplier of software and e-commerce services to finance and insurance companies, on Tuesday said that it has acquired Miles Software, an asset and wealth-management services provider, for at least $19 million dollars,” reported Mint . Universal Legal Advocates advised Miles So...

“SuperMarket Grocery Supplies Pvt. Ltd, which owns online grocer BigBasket, is raising $150 million (about Rs 1,040 crore) in a fresh round of funding led by South Korean firm Mirae Asset,” reported VCCircle , which also included Alibaba and CDC. Cyril Amarchand Mangaldas advised Supermarket Grocery...

“Bengaluru-headquartered car and bike-pooling startup Quick Ride has raised INR 100.78 Cr ($14.4 Mn) in Series B funding from its existing investors Sequoia, Naspers and Venture Highway,” reported Inc42 . Chennai-based law firm AK Law Chambers advised the company Quick Ride , owned by iDisha Info La...

“Retail-focused non-banking financial company Kogta Financial has secured 154 crore in a financing round led by a fund managed by Morgan Stanley Private Equity Asia and existing backer IIFL Seed Ventures. The Morgan Stanley Private Equity Asia-managed fund invested about 114 crore for a minority sta...

“Mahindra Lifespaces Developers and Mahindra World City (Jaipur), a subsidiary of the company and a joint venture between the company and Rajasthan State Industrial Development and Investment Corporation have executed an agreement on 19 June 2018 with International Finance Corporation, a member of t...

“New age technology-led NBFC InCred has raised Rs 600 crore from a group of global investors in a move that will raise its equity capital. The latest funding round will increase the total equity capital of the company to over 1,000 crore,” reported The Economic Times , with funding from Alpha Capita...

“China’s largest online travel agency now owns nearly half of India’s largest travel e-portal, MakeMyTrip, after a share-swap deal with South African internet giant Naspers Ltd,” reported Mint . Trilegal advised Naspers led by partner Yogesh Singh . National competition practice head and partner Nis...

US private equity major Blackstone has proposed acquiring a majority stake in Indian packaging company Essel Propack Ltd (EPL) for an amount up-to ?3,211 crore (approximately $462 million), according to Bloomberg . Trilegal advised Blackstone led by a team of partners Nishant Parikh and Anirudh Agar...

It is well known that nearly every Supreme Court case is in want of an advocate-on-record (AOR), and several lawyers and law firms have made this a core part of their Supreme Court practice. After analysing more than 120,000 of the Supreme Court’s daily orders from 2018, we have now compiled a list of the busiest advocate-on-record (AOR) firms in the apex court, according to the number of orders mentioning their names.

Private equity player HIG Capital has invested in US-headquartered company Medusind, which provides revenue cycle management services (including billing, coding, collections, payment posting and eligibility verification) to healthcare providers, health plans or other healthcare players, third party ...

“Suryoday Small Finance Bank raises fresh funding from new and existing investors: Mumbai-based Suryoday Small Finance Bank Ltd on Wednesday said it has raised Rs 248 crore ($35.8 million) from three promoters and a clutch of existing and two new investors,” reported VCCircle . J Sagar Associates (J...

“Sprng buys Shapoorji Pallonji’s solar assets: Actis’ renewable energy arm buys 194MW of solar assets for $200 million. With this deal, the total operating and under construction capacity of Sprng will increase to 1.65GW,” reported Mint . Khaitan & Co advised Shapoorji Pallonji Infrastructure C...

LetsTransport, a tech-enabled logistics marketplace for intra-city deliveries, has raised Rs 100 crore (around $13.5 million) in a fresh funding round jointly led by Chinese conglomerate Fosun RZ Capital and strategic investment firm Bertelsmann India Investments, as reported by VC Circle . Desai &#...

Trilegal has promoted six of its lawyers to its equity partnership, more than at any point in its history, growing to a total partnership size of 50.*

Mumbai-based Trilegal co-founder Karan Singh will relocate to Bangalore within the next four months.

Neha Sinha, who was made partner at L&L Partners (formerly Luthra & Luthra) in 2017, has joined Shardul Amarchand Mangaldas in a boost to its corporate practice, together with Trilegal counsel Karun Prakash, who is joining as a partner designate.

“DSG Consumer, Blume lead investment in higher education platform Leverage Edu: Higher-education and career-growth platform Leverage Edu said it has raised over $1 million (Rs 7 crore) in its pre-Series A round,” reported VCCircle . GameChanger Law Advisors advised Leverage Ed-Tech Private Limited l...