On-demand logistics marketplace Porter has raised Rs 140 crore from Lightstone Global Fund. — Yourstory Verist Law advised the company Porter , led by partner Shristi Ojha along with senior associate Suswagata Roy . Jerome Merchant + Partners advised Lightstone Fund SA led by a team of partner Samee...

“The IPO of Rail Vikas Nigam Ltd (RVNL) was subscribed 1.78 times as of 5:15 pm today, the last day of the issue. The ₹481-crore RVNL IPO opened for subscription on Friday. The state-owned company offered 25.34 crore shares at a price band of ₹17-19 per equity share. RVNL will be the third rail PSU ...

“Tessol, a Mumbai-based start-up in the CleanTech-led cold chain logistics space, has recently raised an undisclosed amount in follow-on equity funding from early stage venture capital firm 1Crowd, and existing investors Infuse Ventures and Ankur Capital,” reported the Hindu Businessline . Legasis P...

In a Rs 65 crore deal, Mahindra & Mahindra is investing into a new merged company that includes its own logistics platform, SmartShift, with the start-up Porter, which allows businesses and individuals to book and rent small trucks and tempos on demand via an app, as reported by TechCircle . Ve...

Thermal Energy Solutions Pvt Ltd (TESSOL), a company engaged in providing next-generation clean technology cold chain solutions, has raised an undisclosed amount from Infuse Ventures and Ankur Capital. TESSOL, founded by Mr. Rajat Gupta, had raised seed investment from Infuse Ventures in 2014.

Verist Law advised Borosil Glass Works and Ambit Corporate Finance on the Rs 175 crore ($26m) buyback of Borosil at BSE, through the tender offer route. Verist founder Srishti Ojha, associate Rahul Mishra and former associate Anubhab Dasgupta acted for Borosil and buyback manager Ambit. The buyback ...