Malaysia’s state-run oil and gas company, Petroliam Nasional Bhd or Petronas on Monday said it has acquired Amplus Energy Solutions Pvt. Ltd, one of India’s largest rooftop solar power producers. — Mint L&L Partners advised Petroleum Nasional Berhad led by a core transaction team of senior part...

Board Infinity, an Ed-Tech Startup has recently raised Rs 2.2 crores in an angel round from a clutch of angel investors. Founded in 2017 by Abhay Gupta and Sumesh Nair, Board Infinity provides short skilling courses delivered by industry experts in live classes format across emerging technologies, m...

Lok Capital, IIFL Wealth invest ₹130 cr in digital insurer RenewBuy.com. The digital insurance disruptor has raised ₹130 crore ($19 million) in a Series B funding round led by venture capital firm Lok Capital and IIFL Asset Management. — The Economic Times PDS Legal advised RenewBuy.com , led by par...

BigPhi Technologies received a pre-Series A investment by Shunwei Capital, according to Spice Route Legal. Spice Route Legal advised BigPhi Technologies Pvt Ltd , which owns the “high performance” wearables brand Turms, led by a team of managing partner Mathew Chacko , senior associate Samrat Roy , ...

The Competition Commission of India (CCI) has approved the merger of Indiabulls Housing Finance Limited (IBHFL) and Indiabulls Commercial Credit Limited (ICCL) with Lakshmi Vilas Bank Limited (LVB). — Business Standard The board of Lakshmi Vilas Bank [in April] approved the merger of the private sec...

The ₹390-crore Madhu Jayanti International, which is primarily into the manufacture and export of value-added teas, is looking to ramp up its domestic business with its recent acquisition. The company acquired Eveready’s packet tea business and its brands — including Tez Red, Premium Gold and Jaago ...

metadesc: Khaitan & Co advised Kalpataru Power Transmission Limited (KPTL) led by a team of partner Shivanshu Thaplyal , principal associate Swathy Ramanath , associate Abhinav Mishra and associate Bhagirath Ashiya assisted by principal associate Jhinook Roy , associate Abhinav Rawat and associ...

Hella Infra Market Ltd. (operating under the brand Infra.Market), a company providing materials and solutions to real estate and construction companies with technology as their focal point, has raised Rs. 25 crore in its seed round of funding from Accel partners. Rajaram Legal advised Infra.Market l...

Used car online retailing platform Spinny has raised $13.2 million led by marquee early stage investors Accel Partners and SAIF Partners in a Series A round, the company said in a statement. Its existing investors- Blume Ventures and Similie Ventures also participated. — Mint JoyceLaw acted for Spin...

B2B logistics technology provider Freight Tiger has raised $8 million (around Rs 55 crore) in Series-A funding, led by Lightspeed Venture Partners, along with participation from Dalmia Group’s Alsthom Industries and the Hero Group managing director’s Pawan Munjal Family Trust. — The Economic Times L...

Bengaluru-based B2B agritech startup Ninjacart on Wednesday raised Rs 250 crore funding led by Accel US, Syngenta Ventures, Jo Hirao, Founder of ZIGExN, Neoplux, HR Capital and Trifecta Capital. Existing investors Accel India, Nandan Nilekani, Mistletoe and Qualcomm Ventures also participated in the...

metadesc: J Sagar Associates advised IndInfravit Trust led by partners Bir Bahadur Sachar , Aditya Rathi , Arka Mookerjee and Jamshed Bhumgara , senior associate Kaustubh Verma ; associates Parshva Doshi and Kinjal Shah ; partners Anish Mashruwala , principal associate Pallavi Banerjee and associate...

ARA Law has hired K Law Bangalore-based associate partner Subharekha Ravi as co-head of its private equity (PE) and venture capital (VC) practice.

IFSD BV and Vaalon Capital have invested $7.5m in MyMoneyMantra, according to Khaitan & Co. Khaitan & Co advised MyMoneyMantra led by a team of partner Bharat Anand , associate Suraj Prasad Meher and associate Anubhuti Sinha . 2019-06-21 Deal value: USD 7.5 million This deal has not been r...

A clutch of investors including Beijing-based Asian Infrastructure Investment Bank (AIIB), Germany’s DEG, International Finance Corporation and Indian group HEG have invested in an infrastructure investment trust ( InvIT ) formed by Delhi-based infrastructure firm Oriental Structural Engineering (OS...

Private equity firm General Atlantic will invest $100 million in Rubicon Research Pvt. Ltd, the pharmaceutical product development company in which it acquired a controlling stake [from the Everstone Group]. — Mint Bharucha Singh Mundkur advised General Atlantic led by a team including partner Vanda...

Two-wheeler major TVS Motor Company said that it has picked up 14.142% stake in the US-base IoT company called Altizon Inc through its Singapore-based subsidiary for a consideration of $25,00,000. In addition to this, the company has acquired 10 equity shares of Altizon India. — The Financial Expres...

A91 Partners, a venture capital firm floated by three former Sequoia executives, Gautam Mago, VT Bharadwaj and Abhay Pandey has held its first and only closing earlier this week. The fund raised approximately $350 million from a large number of investors, which includes development finance instituti...

Netcore Solutions Pvt. Ltd, which develops enterprise communication and digital marketing solutions, has acquired for an undisclosed amount Quinto.ai, which provides firms with chatbot services fuelled by artificial intelligence (AI). — VCCircle LegaLogic Consulting advised Quinto Technologies Priva...

ANM Global has hired its first two associate partners in Delhi and Mumbai, and has opened up a media and entertainment office in Andheri, according to a press release.