“Apax Funds invests $200 million in Fractal Analytics: The investment from Apax Funds values Fractal Analytics, a data analytics firm, at about $500 million,” reported Mint . Shardul Amarchand Mangaldas advised Fractal Analytics Private Limited, a provider of artificial intelligence and analytics so...

“Byju’s raises $540 million from Naspers and CPPIB: Education startup Byju’s has raised $540 million in a round led by Naspers, with participation from Canada Pension Plan Investment Board (CPPIB),” reported Medianama . Shardul Amarchand Mangaldas & Co advised Byju (Think and Learn Pvt. Ltd) le...

Trilegal has hired Shardul Amarchand Mangaldas parter Arjun Ghose in Bangalore as the firm’s 44th equity partner, according to its press release.

International Finance Corporation (IFC), a member of the World Bank Group, invested Rs 194 crores in Mahindra World City (Jaipur) Ltd, a subsidiary of Mahindra Lifespace Developers Ltd, the real estate and infrastructure development arm of the Mahindra Group, for the development of an industrial par...

“Denmark-based audio and communications major Jabra has firmed up plans to strengthen its presence in both the enterprise and consumer segment in India. As a first step, it has entered into a strategic joint venture [ JV ] with Innova Telecom, by acquiring an additional 46% of Innova bringing its sh...

Trilegal counsel Arpan Chowdhury has joined financial and investment advisory firm SSG Advisors as vice president legal this month.

“Alibaba’s payment affiliate Ant Financial has pumped in another $210 million in restaurant discovery and food-delivery platform Zomato, as the company ramps of spending for its market leadership battle against rival Swiggy,” reported the Economic Times, about the unicorn’s Series I round of fundraising.

M ukesh Ambani’s Reliance Industries, for its telecoms upstart giant Jio, has agreed to buy a majority 51.3% stake in Hathway Cable & Datacom for Rs 2,940 crore through a preferential issue and an open offer to minority shareholders in Hathway subsidiary GTPL Hathway, according to reports . Cyr...

Black River Food 2 Pte Limited has bought a minority stake in Hyderabad-based edible oils and fats making and marketing company Gemini Edibles & Fats, through a combination of primary and secondary acquisition, with a deal value of RS 640 crores, according to a press release from Shardul Amarch...

Trilegal has promoted its Bangalore-based employment law counsel Swarnima to partner, according to the firm’s press release.

The real estate arm of Japan’s Mitsubishi Corporation, DRI India Company Limited has entered into a definitive agreement to invest around Rs 180 crores ($25.5m) in Bengaluru-based Shriram Properties’ ongoing residential project in Chennai named Shriram Park 63, as reported by Mint and Business Stand...

“Canadian pension fund, Caisse de dépôt et placement du Québec has agreed to acquire a 40% stake in power producer CLP India Pvt. Ltd for Rs 2,640 crore ($365m) in cash”, reported VC Circle . Post the acquisition by CDPQ from the subsidiary CLP GPEC (Mauritius) Holdings, CLP will retain 60% stake in...

Telengana-based Ramagundam Fertilizers & Chemicals, a joint-venture company promoted by NFL, EIL and FCIL, have entered into a shareholders agreement with the HTAS consortium along with GAIL India in relation to a 26% stake acquisition of the total project equity of Rs 1313.57 crores (around $1...

Trilegal Mumbai finance partner Srinivas Parthasarathy has left the firm, reported Bar & Bench, with him apparently “taking a break from law practice”.

Trilegal Mumbai-based counsel Shaswata Dutta has joined Goldman Sachs as executive director, legal, in its Asia special situations group on Monday (17 September).

Varde Partners and Aditya Birla Capital have announced a 50:50 joint venture to invest in distressed assets in India, reported Mint and others, initially investing Rs 100 crore of capital in the company. Trilegal acted for Varde Partners , led by partner Yogesh Singh , counsel Ankush Goyal , senior ...

“Safecrop Holdings Pvt Ltd, a consortium of investors, including WestBridge AIF, Rakesh Jhunjhunwala and Madison Capital, has signed a definitive agreement with the shareholders of Chennai-based Star Health & Allied Insurance Company Ltd to acquire their shares. While the company and investors ...

Swiss-based leading energy storage solution company, Leclanche have entered into a joint-venture agreement with India’s largest manufacturer of lead acid storage batteries and power storage solutions provider, Exide Industries to make lithium-ion batteries and provide energy storage systems for Indi...

Further to our report last week, Trilegal has today voted to admit former partners of AZB & Partners, Ganesh Rao and Aditya Jha, as partners in its asset management and funds practice in Mumbai, growing its partnership to 44.

Fortis Healthcare Limited was aquired by Malaysian-Singaporean healthcare group IHH Healthcare Berhad (through its wholly owned subsidiary, Northern TK Venture Pte Ltd), through a preferential issue of equity shares of Fortis for a consideration of Rs 4,000 crores at a price of Rs 170 per Equity Share amounting to 31.1% of Fortis’ share capital, as reported by Mint and others.