Corporate
S&R appoints Simran Dhir as comp head, promotes litigators Abhishek Tewari, Shahezad Kazi to counsel
S&R Associates has appointed two lawyers as counsel and Simran Dhir as the head of its competition practice, according to a press release by the firm.
Samvad, IndusLaw, Khaitan on Nandan Nilekani-backed Fundamentum’s $12m Series C in travel startup TravelTriangle
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.
Khaitan assists Creative Polypack with sale of majority stake to Austrian Co Constantia Flexibles
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.
Samvad, IndusLaw on MoveInSync’s $8m Series B raise from Nexus Venture Partners, others
“Office commute automation platform MoveInSync has raised $8 million (Rs 52 crore) in a Series B round of funding led by homegrown venture capital firm Nexus Venture Partners, a company statement said.”, reported VC Circle. The funding also saw participation from the existing investors Inventus Capital Partners, Saama Capital and Qualcomm Ventures.
Khaitan advises Nashik-based water management firm Kimplas Piping Systems on acquisition by Germany’s Norma Group
Germany-based machine joining components manufacturer NORMA Group SE have acquired 100% stake in Indian water management firm Kimplas Piping Systems for an undisclosed amount, as reported by VC Circle and The Hindu Business Line. The deal was closed on July 5, 2018 reported Business Insider.
Legalogic, NDA on Bangalore based Silicon and Beyond’s acquisition by Synopsys US
Bangalore-based Silicon and Beyond, leading provider of high-speed SerDes technology used in data intensive applications such as machine learning, cloud computing, and networking, has been acquired by US-headquarterd Synopsys for an undisclosed amount, as per the press release by Synopsys.
AZB Mumbai corp partner Bhavi Sanghvi leaves fee-earning behind to become KM partner
Many Indian firms have been looking to do more of knowledge management (KM) for many years, with an eye on their foreign counterparts, but the immediate pressures of earning revenues and servicing clients often get in the way. At AZB & Partners, Bhavi Sanghvi, has now transitioned from corporate, M&A and private equity partner to full-time knowledge management, heading up its KM function for the past month-and-a-half.
5th, 6th Link Legal partners go this Q: Durgesh Singh joins DMI, Ashutosh Narang exits for Cap In Fin
Delhi Link Legal India Law Services partner Durgesh Singh has joined DMI Finance as its group chief legal officer.
Citi Hong Kong’s Padmaja Chakravarty to succeed Pramod Rao as Mumbai GC
SAM, CAM on TPG buy in Sai Lifesciences
Cal firm Aquilaw forays into Mumbai 3 years after Kolkata and Delhi
Aquilaw has opened two offices in Mumbai today after absorbing JKB Legal and adding its managing attorney Jay Bhatia as partner in the firm.
Noojie, ex-AMSS Abhishek Kolay joins Kirkland NY as partner from Davis Polk
Ex-Amarchand Mangaldas lawyer and NUJS Kolkata 2006 graduate Abhishek Kolay has joined Kirkland & Ellis in New York as a partner, making him one of the first (if not the first) alumnus from NUJS to make it to partnership at a top international law firm.
Shardul Amarchand Mangaldas promotes 6 to equity, all in Delhi
Shardul Amarchand Mangaldas has promoted six to its equity partnership, reported Bar & Bench.
Wadia Ghandy ‘highly experienced’ Mumbai lit head Farid Karachiwala moves to JSA equity with team of 5
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 corporate team partner Sourav De Biswas (NUJS 05) resigns
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 re-hires Apurbalal Mallik as associate partner in Hyderabad from Fox
Link Legal India Law Services has hired Apurbalal Mallik as associate partner for its Hyderabad office from Fox Mandal & Associates.
Advaita principal Satyajit Gupta joins Star as VP Legal, post Ghosh departure
Advaita Legal principal Satyajit Gupta has joined Star TV Network as its vice president legal, according to his LinkedIn page.
Cyril Amarchand hires Shardul Akila team PA Mukul Sharma (NLS 08) as corporate partner
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.
DLF senior VP legal Himanshu Goswami starts up Treya Legal
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.