Bengaluru-based WorkIndia, a geo-positioning app which helps in connecting blue and gray collar workers with employers, has raised funding of Rs 24 crore from BEENEXT, Singapore and Mamoru Taniya, Chairman of Asuka Asset Management, Japan. — Yourstory Universal Legal advised Eloqeunt Info Solutions ...

appScatter Group (LON:APPS) has announced the conditional acquisition of Airpush, subject to certain conditions, including the approval of the Acquisition by shareholders at a General Meeting. — Directorstalkinterviews Universal Legal advised Appscatter Group PLC led by a team of partner Rashi Kapoo...

Startup incubator and accelerator Venture Catalysts has recently led a Rs 8.5 crore investment in STAGE, a dialect based hyper-local OTT platform. — Yourstory Ikigai Law advised Stage led by a team of managing partner Anirudh Rastogi and principal associate Tanya Sadana . Also advising were Burgeon ...

RIB Group acquires a controlling interest in Winjit, according to reports (in German).

Universal Legal advised Winjit Technology Pvt Ltd and its promoters led by a team of partner Rashi Kapoor Mehta and associate Henna Kapadia.

2020-11-18

Deal value: More than $5m

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“Education-focused fintech company, GrayQuest has secured $1.2 million in pre-Series A funding led by Foundation Holdings. Mahansaria Family Office, Jeejeebhoy Family Office, Ashok Wadhwa’s Family Office, Samir Bhatia, and Rohit Dhoot amongst others also participated,” reported Entrackr . GrayQuest,...

Axys Nutrition Products Pvt. Ltd, which makes nutrition and nutraceutical products under the brand name Nutrova … said it has raised funding from consumer-focused venture capital firm DSG Consumer Partners. — VCCircle Universal Legal advised Nutrova , owned by Axys Nutrition Products Pvt Ltd led by ...

US-based Encube Ethicals, which is a wholly-owned subsidiary of Encube India, acquired 100% of Tioga Research to “create one of the largest skin topical manufacturers and service providers”, according to the company’s press release (PDF) . Universal Legal advised Encube Ethicals Inc led by a team of...

Bhagwandas Retail Pvt. Ltd, which operates business-to-business-focussed artisan platform Lal10, has raised $1.1 million (approximately Rs 8.16 crore at current exchange rates) in pre-Series A funding. — VCCircle Universal Legal advised Beyond Capital Fund led by a team of partner Mohit Kapoor &...

Nashik-based software company Winjit Technologies Private Limited, which is active in the IoT, AI, machine learning, product engineering, blockchain and fintech space, has raised funds in a hybrid of a primary and secondary transaction from the RIB Group, which is a provider of iTWO 4.0 Cloud Enterp...

i3 Systems has raised $1m in funding From Unitus Ventures and others, according to Inc42 . Assentio Legal advised i3 Systems . Assentio Legal is an Indian law firm, with offices in Chennai , with 2 total partners, of which 1 is a corporate partners and 1 specialises in disputes. Also advising was K ...

Universal Legal promoted GLC Mumbai 2013 alumnus Shreya Deora to senior associate with effect from 10 June 2017.

“Drug firm Strides Shasun today said it has inked a pact with Vivimed Labs to set up two joint venture firms,” reported PTI.

HLE Engineers made an offer to buy a majority stake in Swiss Glascoat Equipments for $9.4m. Vivro Financial Services is the manager to the open offer, according to the Bombay Stock Exchange announcement.

Universal Legal advised Carlyle-backed Newgen KnowledgeWorks on acquiring a majority stake in Pune-based digital learning and software company Exult Infosolutions which was advised by LegaLogic Consulting.

The details of the transaction has been removed since initial publication at the request of JSA.

Bangalore-headquartered firm Universal Legal, which also has offices in Chennai, Mumbai, Delhi and Chandigarh, has opened up in Ahmedabad under partner in charge Aayush Modi.

Bangalore-headquartered firm Universal Legal, which also has offices in Chennai, Mumbai, Delhi and Chandigarh, has opened up in Ahmedabad under partner in charge Aayush Modi.

Kochhar & Co has hired former associate director legal (South Asia) of the Carlson Rezidor Group, Sumit Phatela, as a partner in its Gurgaon office’s corporate, banking and finance practice. Phatela was previously working with the office of general counsel of Ernst & Young India, and had b...

Universal Legal partner Gaurav Chatterjee has joined Kochhar & Co as partner in Chennai. Chatterjee obtained his LLB from Bangalore University in 2005, had worked at HSB Partners until 2007 and joined Universal Legal in January 2008. Universal Legal managing partner Partha Mandal commented: “Ga...

J Sagar Associates (JSA) advised global alternative asset manager The Carlyle Group on its $32.8m buy of a 54.8 per cent stake in Chennai-based publishing and technical services company Newgen Knowledge Works, which was advised by Universal Legal. JSA Chennai partner Aarthi Sivanandh and senior asso...