Trilegal Mumbai-based counsel Arun Joshi has joined Morgan Stanley’s India legal team as vice president legal.

Ramky Enviro Engineers, the KKR-backed environment management services company, has hired Parexel International India senior director legal Shujath Bin Ali as its general counsel (GC) and chief compliance officer in Hyderabad.

Premium tea brand Teabox-Asian Tea Xpress Pte Ltd saw a post-Series B investment round from Singapore-based RB Investments along with existing investors Accel Partners and NB Ventures. Spice Route Legal advised Teabox-Asian Tea Xpress Pte Ltd led by a team of managing partner Mathew Chacko , associa...

Pest Control India, the shareholder of Thailand-based Canon Pest Management, sold its shares in Canon Pest Management in a 100% acquisition by global pest control major Rentokil. Spice Route Legal advised Pest Control India led by a team of managing partner Praveen Raju and associate Renuka Abraham ...

Ronin Wines Pvt Ltd, Asia’s first meadery, took an investments from various investors including Titan Capital. Spice Route Legal advised Ronin Wines Pvt Ltd led by a team of managing partner Mathew Chacko , senior associate Samrat Roy , associate Aadya Misra and associate Nikita Swamy . GameChanger ...

Larsen & Toubro Infotech on Thurday acquired Ruletronics, a pure-play Pega consulting and implementation company with offices in the UK, USA, and India for $7.48 million (Rs 53 crore). — Hindu Business Line Spice Route Legal advised Ruletronics Systems Pvt. Ltd. led by a team of managing partne...

Adani Ports and Special Economic Zone Limited (“APSEZ”) completed the listing of unsecured senior notes aggregating to USD 750 million by on the Singapore Exchange, according to stock exchange filings . L&L Partners advised Joint lead managers , Barclays, Citi, DBS, Emirates NBD, JP Morgan, Mer...

Healthcare delivery startup Pristyn Care has raised $4 million in Series A funding led by Sequoia India.The company plans to use the funds raised to improve its medical capabilities, invest in technology and expand its team of medical professionals.Started in late 2018 by Harsimarbir Singh, Dr Vaibh...

Sydney-based infrastructure asset management group Macquarie Group Ltd is looking to acquire the solar power assets of Canadian Solar in India, said two people close to the development, requesting anonymity. Macquarie’s decision comes at a time when access to funds for renewable energy is drying up ...

The National Company Law Tribunal (NCLT) has approved the resolution plan submitted by of Embassy Property Developments to acquire debt-ridden Chennai-based mining company Tiffins Barytes Asbestos for around Rs 89.4 crore. Under the resolution plan, Embassy Property Developments will offer an upfron...

Grocery and milk delivery startup MilkBasket has raised $7 million in a Series A round of funding led by Kalaari Capital, along with BeeNext and existing investors Unilever Ventures and Blume Ventures. This is the latest funding in the milk and grocery delivery space, with players such as DailyNinja...

Kota-based healthtech startup MedCords has raised an undisclosed amount of funds from New Delhi-based venture capital firm WaterBridge Ventures, along with Info Edge, the company that operates Naukri.com. — Theindianwire JoyceLaw advised Waterbridge Ventures, Info Edge led by a team of partner Deepa...

GRUH Finance Limited, a listed housing finance company, by its promoter, Housing Development Finance Corporation Limited, has made a ₹8.99 billion bulk deal sale of 31 million equity shares representing 4.22% of the equity share capital on the BSE and the NSE. The sale was conducted in connection wi...

Milkbasket, owned and operated by Doorstep Retail Solutions Pvt. Ltd, has raised $10.5 million in a round led by Unilever Ventures, the daily grocery delivery services startup said on Tuesday. Mayfield India, Kalaari Capital and Blume Ventures, besides a few Indian family offices also participated i...

Just weeks after Milkbasket’s ₹20-crore debt funding deal with Sachin Bansal-led BACQ fell through, the Delhi-based grocery delivery startup today announced that it had raised fresh funds worth ₹15 crore from venture debt firm InnoVen Capital. — Mint JoyceLaw advised Milkbasket led by a team of part...

mValu Technology Services Private Limited, InCred’s FinTech arm, has raised $5m in its Series A funding round from Elevar Equity, according to Trilegal. Trilegal advised mValu Technology Services Private Limited , InCred’s FinTech arm, led by a team of partner Kunal Chandra and senior associates Deb...

Property fund Ascendas India Trust has agreed to buy IT-focused special economic zone BlueRidge phase III with total leasable space of 1.8 million sq ft in Pune’s Hinjewadi area. Initially and during the construction period, a-iTrust’s investment will be through debt to be used towards repayment of ...

Siddharth Raja, Aditya Narayan and Megha Malhotra Narayan, partners who left Argus Partners earlier this week, have started up their Bangalore-based firm Saakshya Law.

eClerx Services Ltd bought back 17,46,666 fully paid-up equity shares at a price of Rs 1,500 per equity share for an aggregate amount of Rs. 262,00,00,000 (Rupees two hundred and sixty-two crores), according to Stock Exchange filings. The buy back was undertaken on a proportionate basis from eligibl...

Bellatrix Aerospace, an Indian Institute of Science incubated space-tech startup, has raised $3 million in a pre-Series A round led by IDFC-Parampara, StartupXseed, Karsemven Fund and Survam Partners (Suman Kant Munjal family office). — Hindu Business Line Desai & Diwanji advised IDFC Parampara...