Publishing house Leadstart Publishing has raised Rs 3 crore ($429,800) in a funding round led by Mumbai Angels Network. — VCCircle Vertices Partners advised Leadstart Publishing Private Limited led by a team of partner Founder associate partner Archana Khosla Vishal Mehta and associate Manager Ankit...

Acquisition by Vision India Fund of Deccan Chronicle Holdings Limited pursuant to a resolution plan approved by the NCLT, according to icle/articleshow/69641903.cms reports : “HYDERABAD: Ending nearly two years-long suspense over resolution for ailing media house Deccan Chronicle Holdings Ltd, the N...

West Coast Paper Mills (WCPM) has entered into a share-purchase agreement to acquire about 51-60 per cent stake in NYSE-listed International Paper’s (IP) Indian unit, International Paper APPM Ltd. — Hindu Business Line AZB & Partners advised International Paper APPM Limited led by a team of par...

NephroPlus, a city-based dialysis network and a trailblazer on Tuesday said it acquired majority stake in Royal Care Dialysis Centers Inc (RCDC), a reputed dialysis network in the Philippines with deep focus in delivering high quality care. According to a press release by NephroPlus, through this st...

Link Legal has successfully represented GMR Hyderabad Aerotropolis Limited (“GHAL”), in setting up a 30:70 ;joint venture company in India, GMR Logistics Park Private Limited (“JV Company”) with ESR Hyderabad 1 Pte. Limited, a Singapore based entity (“ESR”). GHAL and ESR set up the JV Company to joi...

NEW DELHI: FarEye, a logistics SaaS (software-as-a-service) platform, announced a Series D investment of $25 million led by M12 (Microsoft’s venture fund), Eight Roads Ventures and Honeywell Ventures. Existing investor SAIF Partners also participated in the round. — Mint Algo Legal advised Robotic W...

Info Edge on Thursday said its investee company Zomato has raised $160 million (about ₹1,173 crore) in funding from Tiger Global and Temasek Holdings subsidiary MacRitchie Investments, valuing the online food ordering platform at $3.3 billion. — Thehindu Food delivery company Zomato Media Pvt. Ltd h...

Paytm knows the art of fundraising a little better than any other Indian unicorn. Despite losing momentum in payments and commerce businesses, Vijay Shekhar Sharma comfortably in November raised a whopping $1 billion in Series G round at a towering valuation of $16 billion. This was over a 45% jump ...

Business-to-business (B2B) manufacturing platform Zetwerk has raised $21 million ( ₹160 crore) as part of its Series C round, led by existing investor US-based Greenoaks Capital. Existing investors including Accel, Kae Capital, Lightspeed and Sequoia India also participated in this round. — Mint Sam...

The transaction involved Series A fund-raise by the Uniorbit Technologies Private Limited (Uni), which was led by Lightspeed and Accel and co-participated by Acorn Heavy Industries Worldwide LLC. This is one of the largest seed financing rounds in India in recent times, according to Tech Crunch . In...

Gamot, an investment platform formed by private equity (PE) firm PAG along with PE funds CX Partners and Samara Capital has acquired a controlling stake in Chennai-based API manufacturer Anjan Drug. — The Times of India AZB & Partners advised PAG Asia Capital HK Limited led by a team of partner...

Cyril Amarchand Mangaldas (CAM) has postponed the opening of its physical offices until 31 March 2021 “pending the resolution of the health crisis”, from when it will introduce a policy that will allow staff to work from home (WFH) and more flexibly, according to a press release from the firm earlier today.

Shonali Choudhry to join Luthras L&L Partners has hired Advani & Co partner Shonali Choudhry in Mumbai, we understand from two sources and as first reported by Bar & Bench . The 1999 NLSIU Bangalore graduate has spent just under a year at Luthra & Luthra in Mumbai in 2006 as a se...

Axis Asset Management Company’s Rs 400-crore real estate fund, Axia RERA Opportunities Fund –I, has inked a deal to invest Rs 60 crore in Chennai-based property developer Akshaya Group’s township project along Chennai’s IT corridor. — The Economic Times AZB & Partners advised Axis RERA Opportun...

Omnivore Partners, an early-stage venture investment firm, has raised $97 million for its second fund, higher than the targeted $75 million, signalling rising interest by global investors in backing impact investment funds out of India. — The Economic Times AZB & Partners advised BASF Venture C...

Indian Hotels Co. (IHCL) and Singapore’s sovereign wealth fund GIC will set up a three-year, Rs 4,000-crore investment platform to acquire hotels in the luxury, upper-upscale and upscale segments, the company said on Friday. — The Economic Times AZB & Partners advised Reco Altius Private Limite...

Insurtech provider Vertafore has announced that it has acquired VUE Software. The acquisition will complement Vertafore’s Sircon products, the company said. — Insurancebusinessmag AZB & Partners advised Vertafore Inc led by a team of partners Ashwath Rau and Anu Tiwari . 2019-04-03 Deal value: ...

Mumbai-based fintech lending startup Eduvanz Financing has raised $2 million (about Rs 13 crore) from Unitus Ventures and the Michael and Susan Dell Foundation. — The Economic Times AZB & Partners advised Michael & Susan Dell Foundation led by a team of partners Hardeep Sachdeva and Priyam...

The Sunil Mittal-led telecom major Bharti Airtel and Hughes Communications India (HCIL) on Tuesday have decided to combine their VSAT (Very Small Aperture Terminal) satellite communications operations in India. The transaction is subject to approvals by relevant authorities. — Business Standard AZB ...

Acquisition by Quona Capital, Reinventure Group, Ribbit Capital, Omidyar Network and PayU of certain equity stake in excess of 10% in Camden Town Technologies Private Limited, according to reports . AZB & Partners advised Camden Town Technologies Private Limited led by a team of partner Anu Tiw...