“Private equity firm Everstone Group-backed industrial real estate company IndoSpace and modern logistics and technology-led solutions provider GLP have entered into a long-term strategic partnership. As part of the joint venture (JV), GLP will co-invest in IndoSpace’s managed investment vehicles,” ...

Acquisition by Axis New Opportunities AIF – I and PI Opportunities Fund – I and Premji Invest of approximately 4% stake in SBI General from State Bank of India, as reported by NDTV and others. AZB & Partners advised Axis New Opportunities AIF – I, a scheme of Axis Alternative Investment Fund - ...

Acquisition by Ascent Health and Wellness Solutions, Bessemer India Capital Holdings, The Fundamentum Partnership Fund, Eight Roads India Ventures, F-Prime Capital Partners healthcare fund, TIMF, Medi Assist Healthcare Services Limited (“Medi Assist”) and others of 30.14% of the share capital of 91S...

Khaitan & Co has hired NLSIU Bangalore associate professor and chair of the undergraduate council Rahul Singh as a partner for its competition practice.

“The Hinjewadi-Shivajinagar metro route on Wednesday received a major push after the Pune metropolitan region development authority (PMRDA), which is executing the project, awarded the contract for this Pune route to a joint venture of Tata Realty Infra and Siemens.” reported The Hindustan Times . H...

Milk and grocery delivery startup DailyNinja has raised an estimated 20 crores (around $2.7m) in a Series A round of funding from Matrix Partners India, with participation from existing investors Sequoia India and Saama Capital. reported The Economic Times . The current investment comes a few months...

IndusLaw_ has promoted principal associate and Devi Ahilya Indore 2006 alumnus Aditi Verma Thakur to partner in Bangalore.

Talwar Thakore Associates (TTA) managing associate and NUJS 2010 alumnus Raghuveer Parthsarathy has joined financial services provider JP Morgan Chase as vice president legal.

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...

NUJS Kolkata 2005 alumnus Deepa Christopher was promoted to counsel at Talwar Thakore & Associates (TTA) effective 1 October.

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

AZB & Partners has promoted banking counsel Hufriz Wadia and insolvency consultant Suharsh Sinha as partners in its Mumbai office.

Hostel and paying guest accommodation startup, Stanza Living has raised an estimated Rs 73 crores (around $10m) in a Series A round of funding led by Sequoia Capital, along with participation from existing investors Matrix Partners and California-headquartered Accel Partners, as reported by VC Circl...

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...

US-headquartered legal process outsourcing (LPO) provider UnitedLex, which has significant operations in India and must have recruited at least hundreds of graduates from Indian law schools since its founding in 2006, has been sold in entirety to CVC Capital Partners, reported VCCircle . The deal am...

Pune-based facility management business CLR Facility Services has bought a majority stake in Mumbai-based Hindustan Facilities, reported VC Circle . CLR is backed by the domestic investment firm, IndiaNivesh Fund. Clove Legal acted as the legal advisors to Hindustan Facilities and was led by partner...

Mohalla Tech owned vernacular social networking platform, Sharechat has raised Ra 720 crores ($100m) in a new funding round led by existing investors Shunwei Capital and Xiaomi together with Hong Kong-based Morningside Ventures, DST Global, Lightspeed, SAIF Partners, India Quotient and Venture Highw...

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...

Indian food-tech startup Faasos has raised Rs 86.2 crores ($12m) in its Series C round of funding from an investor consortium including Singapore based venture capital fund Sistema Asia Fund, Ru-Net, an international fund led by Russian venture magnate Leonid Boguslavsky, as well as Sequoia Capital ...