“Sapphire Foods, the largest franchisee of Yum! Brands Inc. in the Indian subcontinent, has raised ₹ 225 crore in a fresh round of funding led by Edelweiss Private Equity, said a senior executive of the company. Existing investor Goldman Sachs, too, participated in the round, said Sanjay Purohit, gr...

“Bollywood actress Deepika Padukone has invested in Drum Foods International Pvt. Ltd, the maker of flavoured yogurt brand Epigamia, as part of a strategic partnership that will also see her endorse the brand,” reported Mint . Themis Associates advised Epigamia , owned by Drums Food International Pr...

“Storied American venture investor Tiger Global has invested $89.5 million in agri-tech startup NinjaCart, show regulatory filings accessed from registrar of companies (RoC) by paper.vc. NinjaCart is a marketing and delivery platform for agricultural produce,” reported Mint . Khaitan & Co advis...

“IIM-Ahmedabad’s Centre for Innovation, Incubation and Entrepreneurship (CIIE) has launched the Bharat Inclusion Initiative ,with a commitment of $25 million from The Bill and Melinda Gates Foundation, Omidyar Network and Michael and Susan Dell Foundation. The initiative will focus on incubating and...

“Private equity investor Kohlberg Kravis Roberts and Co (KKR) exited Kolkata-based nonbanking finance company Magma Fincorp through a block deal. KKR had sold a large part in April when Magma Fincorp raised funds through a QIP,” reported The Economic Times . AZB & Partners advised KKR led by a ...

“Ola Electric Mobility Pvt Ltd (Ola Electric) today announced that chairman Ratan Tata Emeritus of Tata Sons, has invested in the company as part of its Series A round of funding. Tata is also an early investor in ANI Technologies Pvt Ltd, Ola’s parent company,” reported Olacabs . Khaitan & Co ...

“Mid-market private equity firm Lighthouse Funds has led a Rs 143 crore (around $21 million) investment in Tynor Orthotics Pvt. Ltd, which makes artificial support devices for various body parts,” reported VCCircle . Shardul Amarchand Mangaldas & Co advised Tynor Orthotics Private Limited and i...

“The wealth management arm of IIFL Holdings Ltd has decided to raise Rs 745.71 crore (about $110 million) from a clutch of investors including Hong Kong-based Ward Ferry and existing private equity backer General Atlantic,” reported VCCircle . AZB & Partners advised WF Asian Reconnaissance Fund...

“Krishna Institute of Medical Sciences (KIMS Hospitals) announced today global growth equity firm General Atlantic has invested over USD 130 million, in a combination of primary capital and secondary purchases, to acquire a significant minority stake in the company,” reported Business Standard . AZB...

“Sovereign wealth funds GIC Holdings Pte Ltd and Abu Dhabi Investment Authority (ADIA) will invest a combined $450 million (around Rs3,000 crore) in Greenko Energy Holdings in one of the largest funding rounds by an Indian clean energy producer,” reported Mint . AZB & Partners advised GIC and i...

“Edtech startup Classplus has raised $1.6 million in its pre-series A funding round led by Times Internet and GREE Ventures. Times Internet is owned by BCCL, which publishes this newspaper,” reported The Economic Times . Link Legal India Law Services advised Classplus (owned by Bunch Microtechnologi...

The deal pertains to FW Asset Management’s acquisition of Wildcraft India Private Limited, according to reports . “Asia-focussed technology, media, and entertainment fund FidelisWorld has invested an undisclosed amount in Bengaluru-based Wildcraft, an outdoor gear, apparel, and footwear brand in the...

“Private equity firm TPG said on Tuesday it has led a $100 million (Rs 685 crore) investment round in Five Star Business Finance Ltd, which makes loans primarily to small and medium businesses,” reported VCCircle . Shardul Amarchand Mangaldas & Co advised Norwest Venture Partners led by a team ...

“Fourth Partner Energy announced a $70 million investment from The Rise Fund, a global impact investment fund managed by TPG Growth,” reported Hindu Business Line . Shardul Amarchand Mangaldas & Co advised Rise Fund SF Pte Ltd led by a team of partner Iqbal Khan ; Ambarish, partner; principal a...

“Food ordering and delivery platform Swiggy … acquired Scootsy, an intracity delivery service provider in an all-cash deal. The value of the transaction was not disclosed,” reported Mint . Shardul Amarchand Mangaldas & Co advised Bundl Technologies Private Limited , operating as Swiggy led by a...

“SoftBank Group is investing $400 million (26.05 billion Indian rupees) in India’s Paytm E-Commerce Pvt. Ltd. in a funding round that will value the online retailer at roughly $1.9 billion, a regulatory filing showed on Monday,” reported Reuters . Shardul Amarchand Mangaldas & Co advised Paytm ...

“In April last year, ecommerce giant Amazon had invested Rs 144 crore in Capital Float, a transaction that was an extension of the startup’s Series-C round. The Bengaluru-based company also counts Sequoia India, SAIF Partners, Aspada Investments, Creation Investments Capital Management and Ribbit Ca...

“Marking its third deal in the nonbanking finance company space, multi-stage investment firm Norwest Venture Partners has invested $30 million (Rs 200 crore) in Chennai-based Veritas Finance to acquire about 15% stake,” according to reports . Shardul Amarchand Mangaldas advised Norwest Venture Partn...

“Pune-based Ntex Transportation Services Pvt. Ltd, which runs logistics startup ElasticRun, has raised close to Rs 60 crore ($8 million) in a fresh funding round, two people directly in the know told TechCircle,” reported VCCircle . Shardul Amarchand Mangaldas advised Norwest Venture Partners , Kala...

“Private equity giant Blackstone is in advanced discussions to invest in Gurugram-headquartered auto components maker Sona BLW Precision Forgings Ltd,” reported Dealstreetasia . Shardul Amarchand Mangaldas advised JM Financial led by a team of partner Amit Khansaheb , partner Vishruta Kaul and senio...