Law firms

Wadia Ghandy litigation head and partner Farid Karachiwala is joining J Sagar Associates (JSA) as equity partner in Mumbai with his team of five lawyers.

Shardul Amarchand Mangaldas corporate and M&A salaried partner Sourav Kanti De Biswas has resigned, according to authoritative sources. It is understood from sources that he will be taking some time off.

Link Legal India Law Services has hired Apurbalal Mallik as associate partner for its Hyderabad office from Fox Mandal & Associates.

Gurgaon-headquartered online travel marketplace, TravelTriangle has raised around Rs 78 crores ($12m) in a Series C round of funding led by Nandan Nilekani and Sanjeev Aggarwal backed growth-capital fund, Fundamentum, along with existing investors SAIF Partners, Bessemer Venture Partners, RB investments and a clutch of angel investors, as reported by The Economic Times and Money Control. The deal marks the first investment by Fundamentum, and with this. partner at Fundamentum, Ashish Kumar will join the TravelTriangle board.

In one of the largest in-bound investments in eastern India this year, Austrian film-based flexible packaging manufacturer, Constantia Flexibles have completed the acquisition of a majority shareholding in Kolkata-based Creative Polypack for an undisclosed sum, making it India’s third largest flexible packaging company also gaining a stronger footprint in the HPC market, reported The Hindu.

Cyril Amarchand Mangaldas (CAM) has hired Shardul Amarchand Mangaldas principal associate Mukul Sharma as a corporate partner in its Delhi office, according to CAM’s press release.

“Co-working space startup IndiQube, operated by Innovent Spaces Pvt. Ltd, on Monday said it has raised $15 million (close to Rs 100 crore) in a Series A round from WestBridge Capital Partners, a public markets-focused private equity firm. The round also saw participation from Ashish Gupta, co-founder of venture capital firm Helion Ventures, who serves on the advisory board of the company,” reported VCCircle.

Himanshu Goswami, the former senior vice president legal at India’s largest commercial real estate developer DLF Commercial Developers, has started up litigation and transaction law firm Treya Legal in Gurgaon, Chandigarh and Bangalore.

Tatva Legal has promoted Bangalore of counsel Nanjappa Ganapathy to its partnership, in a bid to ramp up its litigation presence in the city.

Veritas Legal has promoted 2015-lateral hire Vineet Nalawalla to partner, growing the firm to tp;;7 partners.

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.