Private equity / VC
Khaitan, L&L help Ninjacart on $10m Series C
Bengaluru-based agritech platform Ninjacart has added another $10 Mn to close its ongoing Series C round from a clutch of investors, including company’s existing investors Tiger Global, debt venture fund Trifecta Capital, along with Tanglin Venture Fund, Steadview Capital, and ABG Capital. — Inc42 K...
Link Legal acts on Vir Sanghvi’s investment in product reviews start-up Mishry
Veteran journalist Vir Sanghvi has invested in product review startup Mishry.com. The firm is based out of Gurgaon and is a content destination that reviews products in the Cooking and Dining space… Apart from this, Mishry has also raised undisclosed seed investments from two fintech industry leader...
JSA, AZB, Inventus act on $125m Meesho Series D from Naspers, Arun Sarin
Social commerce startup Meesho has raised $125 million, led by South African media and internet group Naspers, with participation from US technology company Facebook and existing investors SAIF Partners, Sequoia Capital, Shunwei Capital, RPS and Venture Highway. Former Vodafone Group CEO Arun Sarin ...
Anoma, Ikigai act on $4m Series A into Doxper by Alkemi, others
Health-tech startup Doxper … said it has raised $4 million as part of its Series A round, led by healthcare-focused fund Alkemi Venture Partners. Rainforest Venture Network, existing investor growX Ventures and some angel investors also participated in the round. — Mint Ikigai Law advised Alkemi Ven...
Antares Legal, Indus, Khaitan, L&L act in $50m Series C into BharatPe
Digital payments aggregator BharatPe, said … that it has raised $50 million led by US-based fintech fund Ribbit Capital, and hedge fund Steadview Capital. Existing investors - Sequoia Capital, Beenext Capital and Insight Partners also participated in the round. — Mint Update 05 September 2019: Antar...
AAS, DMY acts on pre-Series A angel round into Ecobillz AI documents platform
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...
Themis, Indus, Khaitan, AZB act on $120m Series B investment into fintech Cred
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...
Trilegal, SAM help Kora invest $75m into Edelweiss Financial Services with 6 foreign firms
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...
Ikigai, Rajaram, Goodwins act on $50m Stanza Living Series C from Falcon, Matrix, Accel
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...
Ikigai, Burgeon act on Alkemi Ventures $2m Series A into Akiva Superfoods
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 ...
Rajaram, Khaitan, Indus act on $22m Bertelsmann investment in fintech co Rupeek
Fintech startup Rupeek has raised $30 million, led by Bertelsmann India Investments, with participation from existing investors Accel and Sequoia India. The funding is expected to be completed in two tranches, and will be used for product development and market expansion. Rupeek disburses gold loans...
Khaitan acts for Twitter on rare foray: $100m Series D in Link Legal’s ShareChat
Regional language social networking platform ShareChat has completed a $100 million (about Rs 718 crore) equity financing round led by microblogging site Twitter, with participation from private equity firm TrustBridge Partners, the Bengaluru-headquartered company said… Twitter’s investment in Share...
Khaitan client MyMoneyMantra raises another $15m, Solomon acts for Vaalon Cap
MyMoneyMantra, an omni-channel financial services distributor, has raised $15 million (₹104 crore) of private equity funding from Dutch investment firm IFSD BV, in lieu of 30 per cent stake. — Hindu Business Line Solomon & Co advised Vaalon Capital (GP) No 1 Limited led by a team of managing pa...
S&R, Khaitan, IC Universal funnel $14m Series B Mitsui cash into SmartE electric mobility
Treasure Vase Ventures Pvt. Ltd, the parent of SmartE, one of India’s largest electric mobility service provider, has raised ₹100 crore in series B funding from Japan’s Mitsui and Co. — Mint S&R Associates advised Treasure Vase Ventures , owner and operator of the electric mobility service Smar...
Samvad, JSA act on $15m Series C of Bizongo B2B packaging marketplace
Bizongo, a business-to-business marketplace for packaging materials, is raising $15 million from existing investors, including global technology fund B Capital and International Finance Corporation (IFC). The funding is expected to be part of the company’s Series C round, which may also see particip...
$3.66bn Brookfield buy into RIL towers draws AZB, CAM, Khaitan into largest PE investment ever (Jun ‘19)
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...
JSA acts on $100m deal for Enzen Global Solutions Private Limited
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 ...
Ikigai, Anoma act on $6.8m Bonito Designs pre-Series A
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...
Khaitan acts on $35m Series B of Horizon Ventures
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...
L&L acts for Steadview Cap on $60m Dream11 investment creating a gaming Unicorn
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...