Private equity / VC

GameChanger Law acts on investment in online poker player Pocket52

“Speciale Invest to fund online poker platform Pocket52: The funding is another initiative to promote the gaming industry in India. The estimated value of the online poker space in India is $7 million,” reported Moneycontrol . GameChanger Law Advisors advised Speciale Invest Fund led by a team of fo...

Inventus, Jerome Merchant act on $50m investment in Meesho

“Meesho Raises $50 Mn, Shunwei Capital, Kabir Misra Join As New Investors: The company plans to use the funding to build a stronger product, scale its technology team while expanding into more categories and scaling domestic and international supply base,” reported Inc42 . Jerome Merchant and Partne...

Jerome Merchant acts on new minority investor VH Capital in $19m round in health tech co SigTuple

“SigTuple raises $19 million from Accel, IDG, others: Bengaluru-based start-up SigTuple raises $19 million in its Series B round led by Accel Partners and IDG Ventures,” reported Mint . Jerome Merchant and Partners advised new investor VH Capital led by a team of The team was led by partner Vishnu J...

Jerome Merchant, Dua Bangalore act on $13.5m India Infoline investment in Kadaieshwar HomeFin

IIFL India Private Equity Fund, an investment arm of India Infoline Limited, has acquired a majority stake in Kadaeishwar HomeFin Private Limited.Jerome Merchant + Partners advised IIFL. “IIFL buys majority stake in mortgage lender; KKR mulls buying IL&FS road projects: IIFL India Private Equit...

MNSA, Indus act on $3.5m Nexus investment into Goals101

“Fintech Startup Goals101 Raises $3.5 Mn Partner From Nexus Venture s: Goals101 used the fresh funding to improve its technology and data science capabilities and expand its geographical reach,” reported Inc42 . MNSA Legal advised Goals101 Data Solutions Private Limited led by a team of partner Mani...

MNSA Legal helps Scale Labs raise $1m from GPA

“Scale Labs raises ₹6.8 crores in seed funding: Scale Labs raised about ₹6.8 crores in seed funding led by GPA Group. This money will be used to develop tech products and expand its business,” reported Theindianwire . MNSA Legal advised Scale Labs Multi Channel Private Limited and the investors, GPA...

Khaitan, Themis help Bira raise $50m from Sequoia, Sofina

“Sequoia-backed B9 beverages raises $50 million from Sofina: Sofinas investment in Bira is the latest by the Belgian investment firm which has backed a number of leading Indian consumer and consumer technology ventures,” reported The Economic Times . Themis Associates advised Sequoia Capital and Sof...

Themis, Samvad get BlackBuck logistics another $27.4m from Sequoia in C1 round

Advised Sequoia on a Series C1 funding round of Zinka Logistics Solutions Private Limited, which operates business to business technology enabled logistics start-up, ‘BlackBuck’. Existing investors, Accel Partners and Sands Capital also participated in the round. This transaction was a bridge round ...

Themis acts on Prataap Snacks $20m Gujarat Avadh buy

“Prataap Snacks to foray into Gujarat with Avadh Snacks acquisition: The Avadh Snacks acquisition will help Prataap Snacks foray into Gujarat, the largest snacks market in the country,” reported Mint . Themis Associates advised Prataap Snacks Limited led by a team of associate partner Siddharth Manc...

Argus acts for Ecotrail Personal Care in $3m Addvantis investment

“Iba Halal care gets $3 mn from Addvantis: Iba Halal Care raises $3 million in Series-A funding from Addvantis Enterprises, a Bengaluru-based startup selling herbal cosmetics under the Vedaearth brand,” reported The Economic Times . Argus Partners advised Ecotrail Personal Care Private Limited led b...

Shardul Amarchand acts on Avenue Capital 27% buy of Arcil

“US-based Avenue Capital to acquire 27% stake in Arcil: Six investors of Asset Reconstruction Company of India (Arcil) have agreed to sell their stakes to Avenue Capital, says Arcil CEO Vinayak Bahuguna,” reported Mint . Shardul Amarchand Mangaldas & Co advised Avenue Capital (Avenue India Resu...

SAM acts on $100m Ola stake sale to Temasek, founders

“Ola founders, Temasek to acquire 10% stake in ride-hailing firm: Ola’s co-founders, along with Singapore’s state investment arm Temasek, are in the process of buying out a less than 10% stake in the cab-hailing firm’s parent company ANI Technologies,” reported Techcircle . Shardul Amarchand Mangald...

Swiggy eats $1bn more cash: SAM, NDA, Luthra + foreign firms enjoy feast

“Swiggy raises mega $1 billion round, valuation swells to $3.3 billion: Existing backer Naspers to lead the round which has seen the entry of new investors Tencent, Hillhouse Capital and Wellington Management,” reported The Economic Times . Shardul Amarchand and Nishith Desai had also acted on the f...

Samisti Legal, K Law act on $3m fundraise for Healthplix from IDG

“Healthtech startup HealthPlix raises $3M from IDG Ventures and Kalaari Capital: HealthPlix will use the funds to strengthen its technology and expand its team and services in other geographical markets. Bengaluru-based healthtech startup HealthPlix raised $3 million from IDG,” reported Yourstory.

Khaitan enters with Japan’s Nichirei into yet another quick $25m round for meat-dot-com Licious, with Rajaram, S&R

“Japan’s Nichirei Corp leads Series D investment in meat ordering platform Licious: Delightful Gourmet Pvt Ltd, the Bengaluru-based startup that owns online meat and fish ordering platform Licious, has raised $25m,” reported VCCircle . In October 2018, Licious had also raised $25m in its Series C, b...

Solomon for Rubix Data Sciences, Vertices for angels in $1.4m round

Rubix Data Sciences has raised an angel investment round of around Rs 9.98 crores, according to Solomon & Co. Solomon & Co Advocates & Solicitors advised Rubix Data Sciences Private Limited led by a team of partner Aaron Solomon , associate partner Anagha Subramaniam , and associates ...

DSK acts for RP-SG in $3m investment in Souled Store

“The Souled Store raises $3 million funding from RP-SG Ventures, others: The Souled Store plans to use the funding from RP-SG Ventures to bolster its backend and for marketing needs,” reported Mint . RP-SG acquired approximately 8% shareholding in the company through subscription of preference share...

Link Legal acts on $6.4m investment in Cygni Energy by Endiya Partners

“Cygni Energy raises $6.4 million through debt and equity: The funds will help the startup in expanding capacity, strengthening R&D capabilities and increasing market reach,” reported The Economic Times . Link Legal India Law Services advised Endiya Partners led by a team of partner Manish Gupt...

Link Legal for Xiaomi in $13.4m investment in ZestMoney with Gunderson

“ZestMoney raises $13.4 million in a round led by Xiaomi: ZestMoney will strengthen its technology and data science capabilities as well as expand use cases for the core ZestMoney Affordability Product,” reported The Economic Times . Existing investors Omidyar Network, Ribbit Capital and PayU also p...

Link Legal, KNM gamble on $3.8m WaterBridge Series A investment in online poker site 9stacks

“WaterBridge Ventures bets on online poker startup 9stacks: SparSkills Technologies Pvt. Ltd, which owns online poker platform 9stacks, has raised Rs 28 crore (around $3.8 million at current,” reported VCCircle . Link Legal India Law Services advised WaterBridge Ventures led by a team of partner Man...