IndusLaw competition partners Rahul Goel and Anu Monga are in the process of leaving the firm, we understand from authoritative sources.

In line with its strategy to invest in Indian real estate, American private equity major Blackstone has struck agreed to buy nearly 0.7 million sqft of office space in One BKC from the city-based developer Radius, for a reported Rs 2,500 crore, making it the largest deal in the country’s office spac...

WGC Wealth, the erstwhile wealth management arm of the debt-laden DHFL group, has been taken over by LGT, a private banking and asset management group owned by the princely family of Liechtenstein. The company will be renamed as Validus Wealth after this buyout with employees holding some minority s...

International Finance Corporation (IFC) plans to invest $23 million in Srinivasa Farms, a move that will support the Hyderabad-based firm’s $83-million investment plans. — Business Standard AZB & Partners advised International Finance Corporation (“IFC”) led by a team of partners Gautam Saha an...

Grasim Industries Limited entered into a long-term arrangement with Lubrizol Manufacturing India Pvt Ltd. (Lubrizol) to manufacture and supply Chlorinated Polyvinyl Chloride (CPVC) resin in India, including a Master Project Agreement, Manufacture and Supply Agreement and Technology License Agreement...

Damensch Apparel Private Limited, has raised around INR 50 crore in series A2 funding with participation from Matrix Partners India, Saama Capital, Whiteboard Venture Partners and Alteria Capital, according to reports . Rajaram Legal advised Matrix Partners and Saama Capital led by a team of partner...

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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NSE Academy on Tuesday announced the acquisition of majority stake in deep tech education firm TalentSprint. NSE Academy is wholly-owned subsidiary of National Stock Exchange Ltd… Hyderabad-based TalentSprint offers advanced certification programmes in emerging and deep technologies to professionals...

Propine Technologies, a company engaged in the business of tokenisation, issuance and custody of digital assets along with related ancillary services, raised funds from Woodstock Capital Fund I and Woodstock Capital Fund II and three other venture capital funds. Halder & Associates advised Prop...

New Delhi: Pidilite Industries, the manufacturers of the popular Fevicol brand of adhesives, on Wednesday said it has completed acquisition of the US-based Huntsman Group’s Indian subsidiary for Rs 2,100 crore. — The Economic Times Touchstone Partners , formerly the Delhi-headquartered part of Plati...

DSK Legal has widened its management, appointing Sajit Suvarna as deputy managing partner alongside the firm’s managing partner Anand Desai as the firm has completed over two years in its new equity system.

Amit Prakash (left), Vasu Dev start new firm F ormer Dhir & Dhir principal associate Amit Prakash and Vaish Associates principal associate Vasu Dev have started up Imperial Law Offices together in mid-August of this year. Prakash specialises in banking and finance, while Dev specialises in corp...

Billionaire Mukesh Ambani-led Reliance Industries’ retail arm Reliance Retail Ventures has bought a 96 per cent stake in online furniture retailer Urban Ladder for Rs 182.12 crore ($24.4 million), in an attempt to expand its presence in India’s online retail market. — Ndtv IndusLaw advised Urban Lad...

DMD Advocates has promoted 20 lawyers up the ranks, according to a press release from the firm. Co-founders and co-managing partners Anuradha Dutt, Founder & Managing Partner, Delhi, and Fereshte Sethna, Founder & Managing Partner, Mumbai commented: “The promotions are a testament to the f...

The government’s Rs 12,500 crore Alternate Investment Fund (AIF), which offers last-mile funding to stuck housing projects, has disbursed funds to two housing projects and expects to fully deploy its money in two years. Arun Mehta, MD SBI Capital Markets and Chairman, SBICAP Ventures, told ET in an ...

National Engineering Industries Ltd is buying two companies, one at home and the other in Europe, to expand its product portfolio and increase its geographical presence… It has also sealed a deal to buy to acquire industrial component manufacturer Abok Spring Pvt. Ltd. — VCCircle Khaitan & Co a...

Gurugram-based social tech startup Josh Talks is expanding its vernacular reach in Southern and Northeastern India by launching channels in Kannada and Assamese. Also in the works are plans to go international. The startup, which announced a $1.5 million in pre-Series A funding led by New York-based...

Road developer IRB Infrastructure Developers Ltd … said Singapore’s sovereign wealth fund GIC is investing ₹4,400 crore in its road platform. — Mint The private InvIT is estimated to have a portfolio of INR 22,500 crores (approx. USD 3,191.48 million) at completion of construction. The road assets i...

Automobile classifieds portal CarTrade.com has raised Rs 321 crore ($42.5 million) from two of its existing investors in its Series H round of financing. — VCCircle AZB & Partners advised Highdell Investment Ltd (an affiliate of Warburg Pincus ) led by a team of partners Srinath Dasari and Nand...

Rajaram Legal advised Rupeek Fintech Private Limited in raising funding from series C round, according to reports . The Bengaluru-headquartered startup, which provides loans against gold as collateral, said it will use the proceeds from the latest funding round to further invest in technology and to...