Belgaum-based digitisation startup Ecobillz has raised an undisclosed amount in a pre-Series A round led by IIM Ahmedabad alumni-backed 92Angels, according to a statement issued by the funding platform. — Techcircle Ecobillz is a platform which leverages artificial intelligence (AI) and machine lear...

Fintech firm Cred has raised $120 million (Rs 862 crore) in a new funding round, founder Kunal Shah tweeted… according to filings with the Ministry of Corporate Affairs, Cred has raised Rs 730.02 crore from a clutch of investors in its Series B funding round. Ribbit Capital, a fintech-focused global...

IIFL Wealth, the wealth management business of IIFL group, on Wednesday said that it has entered into a definitive agreement to acquire 100% equity shares of L&T Capital Markets Ltd (LTCM), a subsidiary of L&T Finance Holdings Ltd, which provides wealth management services for individual a...

The Hain Celestial Group, Inc. (Nasdaq: HAIN) …, a leading organic and natural products company with operations in North America, Europe, Asia and the Middle East providing consumers with A Healthier Way of Life™, today announced that it has completed the strategic sale of Tilda®, a premium basmati ...

DMD Advocates has promoted six of its lawyers to more senior levels, according to its press release. Suman Yadav has been promoted to principal associate in Delhi’s litigation and arbitration team. New senior associates are: Aditya Sarin (Delhi), Nikhita Suri (Delhi), Divay Rastogi (Delhi, corporate...

Vedanta Limited group general counsel (GC) Nitin Banerjee has resigned from the company last week, we understand from authoritative sources.

Khaitan & Co partner and 2006 ILS Pune graduate Abhishek Sinha has resigned from the firm to start-up an a new learning provider for young lawyers and law students.

L&L Partners has begun the process of rebuilding its capital markets practice and is finalising the hire of Jitesh Shahani, currently Allen & Overy (A&O) senior associate in Singapore, as well as Luthra alumnus and Nalsar Hyderabad 2005 graduate.

Google in-houser Sheetal Sawhney Kapur has joined Netflix’s rapidly growing in-house team in India as senior counsel and director legal.

IndusLaw has hired J Sagar Associates (JSA) principal associate Revathy Muralidharan as a corporate transactional partner in Mumbai, as well as opened a new Mumbai litigation office near the high court.

Financial Services focused Edelweiss Group … said US-based Kora Management will invest up to $125 million (around ₹875 crore) in the group. Kora Management, an investment firm focused on financial and technology sectors across emerging markets, is already an investor in Edelweiss. Kora has committed...

ProConnect Supply Chain Solutions Ltd., a third-party logistics (3PL) company and part of Redington Group, has acquired 90% stake in Auroma Logistics Pvt. Ltd. for a cash consideration of ₹45.67 crore. The Chennai-based ProConnect is currently servicing 12 industry verticals through a network of mor...

Student housing startup Stanza Living has raised an undisclosed amount as a part of its ongoing Series C round, led by Falcon Edge Capital. However, sources close to YourStory said that the investment raised as a part of this round is close to $50 million. — Yourstory Ikigai Law advised Stanza Livin...

Billionaire BR Shetty’s Dubai-based group, owner of London-listed NMC Healthcare, has emerged as the highest bidder for debtridden SevenHills Hospital, multiple sources have confirmed to ET. Philanthropic initiative Reliance Foundation, investment bankers JM Financial, private equity player KKR and ...

Akiva Superfoods, a Gurugram-based healthy wellness food products startup, has raised approximately $2 million (Rs 13.7 crore) in Series A funding led by Alkemi Venture Partners. — Yourstory Ikigai Law advised Alkemi Ventures led by a team of senior associate Ishita Shome , associates Sarthak Doshi ...

Avalara Inc, a leading provider of tax compliance automation software for businesses of all sizes, … announced it has acquired the business of Portway International Inc., a Canadian company that provides customers with Harmonized System classifications and outsourced customs brokerage services. — Av...

Cyril Amarchand Mangaldas Delhi-based partner Sourav Kanti De Biswas has joined gazillion-dollar-valued hotel chain Oyo as vice president legal last month.

Cyril Amarchand Mangaldas (CAM) Mumbai-cum-Delhi-based competition partner Bharat Budholia has resigned several weeks ago, we have learned from authoritative sources.

IndusLaw Delhi disputes partner Sandeep Grover has left the firm and started dispute resolution firm Ortis Law Offices with Shardul Amarchand Mangaldas principal associate designate Aditya Nayyar as co-founding partner.

EY India has acquired Mumbai-based C Centric, a provider of CRM solutions and services and will bring on board a team with experience in conceptualizing and implementing CRM solutions. With the acquisition the company will be able to offer solutions in on-premise CRM implementations, that include so...