Shardul Amarchand Mangaldas (SAM) partner Dhruv Dewan is set to go independent as a litigator in Delhi, we understand authoritatively from sources.

E-commerce player Snapdeal has expanded its in-house legal team by 50% to nine members, after hiring three in recent months, with its in-house team closing a fundraising round from Piramal Group executive director Anand Piramal without external legal advisers.

Canadian investment firm Brookfield Asset Management Inc. will invest Rs 25,215 crore ($3.66 billion) in Reliance Industries Ltd’s telecom tower assets in the single-biggest private equity deal ever in India. — VCCircle The funds will be invested in a to-be-issued InvIT by Tower Infrastructure Trust...

Ugam will join Merkle, a leading data-driven, technology-enabled, global performance marketing agency and part of Dentsu Aegis Network. With more than 1,800 employees in India, the United States, and Australia, Ugam represents one of the largest transactions in Merkle’s history. — The Economic Times...

Greater Pacific Capital (GPC) has bought a $100 million stake in Enzen, a consulting and engineering company set up by former Wipro executives a decade ago that boasts of top-tier clients such as London’s main water suppler and electricity distribution company. This is the first investment from the ...

Aditya Birla Fashion and Retail Ltd (ABFRL), which owns brands such as Louis Philippe, Peter England and Van Heusen, […] said it has acquired a 51% stake in Finesse International Design that retails bespoke ceremonial wear and contemporary apparel for men and women under the Shantanu and Nikhil bran...

Interior designing brand, Bonito Designs, has raised $6.3 million in pre-Series A round funding led by Tomorrow Capital, a $100 million early-stage strategic investment fund. — Hindu Business Line Ikigai Law advised Tomorrow Capital led by a team of managing partner Anirudh Rastogi , senior associat...

Global Blockchain company Zebi on Wednesday announced the acquisition of Bengaluru-based start-up Element42 for an undisclosed sum. — Mint Ikigai Law advised Zebi led by a team of managing partner Anirudh Rastogi and associate Sarthak Doshi . King Stubb & Kasiva managing partner Jidesh Kuma and...

Bosch intends to sell its packaging machinery business based in Waiblingen to a newly incorporated entity managed by CVC Capital Partners (CVC), according to a press release. The corporate and its pharma and food units will remain intact. — FMCG Market News Khaitan & Co advised Robert Bosch Gmb...

Larsen & Toubro Infotech (LTI) has signed a definitive agreement to acquire Lymbyc, a specialist AI, machine learning, and advanced analytics company for an enterprise value of Rs 38 crore. The acquisition will help strengthen LTI’s digital and analytics offerings. — The Economic Times Khaitan ...

Bengaluru-based digital banking start-up NiYO Solutions said on Tuesday that it has raised $35 million in a Series B funding round from Hong Kong-based Horizons Ventures Ltd, China’s Tencent Holdings Ltd and existing investor JS Capital of Israel. — Mint Khaitan & Co advised Horizon Ventures le...

Link Legal India Law Services has promoted Samantha Fernandes D’Souza as associate partner in its banking and finance team.

US international law firm Milbank has hired NUJS Kolkata graduate Sarbajeet Nag as a partner in London from Allen & Overy (A&O), where he was a senior associate.

Hammurabi & Solomon Partners has hired PwC associate director Pravesh Khandelwal as a partner in Gurgaon’s indirect tax and GST practice.

Economic Laws Practice (ELP) has beefed up its Mumbai infrastructure practice with the hire of Ravi Jain from AZB & Partners, where he was a senior transactional lawyer.

Advaita Legal principal Gaurav Gupta has set up an independent litigation practice called Vantage Law Chamber (VLC) focusing primarily on servicing consultancy firms with litigation support services.

Trilegal has hired HSA Advocates partner Rahul Arora as a partner in its Energy and Infrastructure practice in Delhi, growing the partnership strength to 52.

BNP Paribas Cardif offloaded another 5.074 per cent stake in SBI Life Insurance through a block deal. — Hindu Business Line AZB & Partners advised BNP Paribas Cardif led by a team of partners Rajendra Barot , Varoon Chandra , Lionel D’ Almeida and Arvind Ramesh , and senior associate Rutunjay S...

Dream11, online gaming firm, […] announced the completion of a secondary investment by Steadview Capital, an Asia-focused alternative asset manager. The investment takes Dream11’s valuation at over $1 billion making it first Indian gaming company to enter the Unicorn club. — Mint L&L Partners a...

GMM Pfaudler, process equipment supplier to pharmaceutical and chemical industries, has acquired the Industrial Mixing Solutions Division of Sudarshan Chemical Industries, Pune, for ₹29 crore. The acquisition would enhance GMM Pfaudler’s industrial mixing business vertical by bringing in new product...