Private equity / VC

Link Legal, NDA act on $20m Lightspeed Series C investment in MagicPin

“MagicPin parent raises $20 million in round led by Lightspeed US: The latest funding round values three-year-old discovery and rewards platform at $100 million,” reported The Economic Times . Link Legal India Law Services advised Lightspeed India Partners led by a team of partner Manish Gupta , ass...

Veritas, JSA, WongPartnership help on $50m Asia Healthcare fundraise from Temasek

“TPG subsidiary raises $50 million from Temasek: TPG said there are more facilities in the pipeline for both CTSI and Motherhood,” reported The Economic Times . Veritas Legal advised TPG Growth and Asia Healthcare Holdings Pte Ltd led by a team of partner Nandish Vyas and associate Saumya Kakar . Th...

Themis, Rajaram, AZB, CAM, SAM reprise Five Star in TPG-led Series D $100m round

“SME Lender Five Star Business Finance Raises $100M Led by TPG: Five Star Business Finance Limited, a Chennai-based registered non-banking finance company, has raised $100 million led by private equity firm TPG,” reported Inventiva.

Themis advises Genomics-based firm MedGenome Labs on $40m Series C from HDFC, with Argus

“MedGenome Labs, a genomics research and diagnostics start-up, on Monday said it had raised funds from HDFC Ltd, HDFC Standard Life Insurance Co. Ltd and HDFC Asset Management Co. Ltd to complete a series C funding round of $40 million,” reported Mint . Themis Associates advised MedGenome Labs led b...

Themis, GameChanger act on $21m Series C for Unacademy, from Sequoia, SAIF, others

“Ed-tech firm Unacademy raises $21 million from Sequoia, SAIF, Nexus and others: Unacademy plans to utilize the capital to get 10,000 educators on board monthly (from the present 3,000), grow its team and invest heavily in technology,” reported Mint . Themis Associates advised Sequoia Capital , SAIF...

Assentio, K Law, Universal act for i3 Systems, raising $1m from Unitus Ventures

i3 Systems has raised $1m in funding From Unitus Ventures and others, according to Inc42 . Assentio Legal advised i3 Systems . Assentio Legal is an Indian law firm, with offices in Chennai , with 2 total partners, of which 1 is a corporate partners and 1 specialises in disputes. Also advising was K ...

DSK acts on $122m Moraine investment into JM Financial with Goodwin

“Citigroup Inc.’s former chief executive Vikram Pandit, Singapore’s sovereign wealth fund GIC, JM Financial Ltd (JMFL) and other investors have invested ?875 crore in JM Financial Credit Solutions Ltd, a lender to real estate companies,” according to Mint . DSK Legal advised JM Financial Credit Solu...

CAM advises Warburg on $400m exit sale of Continental Warehousing to Hindustan Infralog

“Hindustan Infralog Pvt. Ltd, a joint venture between Dubai-based DP World and the National Infrastructure Investment Fund (NIIF), has agreed to acquire a 90% stake in Warburg Pincus-backed Continental Warehousing Corporation (Nhava Seva) Ltd,” according to VCCircle.

CAM helps Fireside invest $1m in Pipa Bella jewellery e-tailer

“Pipa + Bella, a private label non-precious jewellery e-tailer, has raised $1 million (Rs 6.4 crore) led by Fireside Ventures, early-stage consumer-focussed venture fund, a company statement said,” reported VCCircle.

CAM advises Sistema on $12m Series B in Mumbai’s Seclore Tech

“Mumbai-based enterprise technology firm Seclore Technology Pvt. Ltd has raised $12 million (around Rs 80 crore) in Series B funding from Sistema Asia Fund, Helion Venture, VentureEast and India Alternatives,” VCCircle.

CAM, Luthra advise True North in Federal Bank 26% PE investment for $23.5m

“The Federal Bank board has approved 26% strategic investment by private equity player True North in its wholly owned subsidiary - FedBank Financial Services (FedFina), a move that will help the company to grow its loans,” according to reports.

CAM, DSK, NDA advise BanyanTree on $75m Nspira investment

“Education services provider Nspira Management Services Pvt. Ltd has raised $75 million in a round led by Morgan Stanley Private Equity Asia and Banyan Tree Growth Capital II, the company said,” reported Mint.

CAM acts for 4 parties in $99m Warburg Pincus stake buy in IndiaFirst Life

UK insurance company Legal & General Group Plc sold its 26% stake in IndiaFirst Life Insurance to private equity giant Warburg Pincus for Rs 710.54 crore, reported moneycontrol.

Link Legal, K Law act on $2m pre-Series A into SmartCoin

A China-based venture capital investor and US-based Accion Venture lab, which invests in micro lending start-ups, have invested $2m in a pre-series A investment in SmartCoin Financials, which also saw participation from existing investors, including early stage investor Unicorn India Ventures, ISME ...

Khaitan acts on $22.5m Series A for Cred, new scheme by Freecharge-founder

Dreamplug Technologies and Kunal Shah, who operate credit card reward scheme Cred, received a primary investment via Series A funding by SCI Investments V (Sequoia), Ribbit Capital Mauritius IV, Gemini Investments L.P., Ru-Net Investments Limited, Anxa Holding Pte Ltd and M Vision Limited for $22.5m...

CAM, NDA help GIC invest $150m in Godrej Properties

“GIC is ramping up its exposure to Indian real estate, with an investment firm managed by the Singaporean sovereign wealth fund buying a stake in Mumbai-based developer Godrej Properties Ltd for about Rs 1,000 crore ($150 million),” according to Mingtiandi, giving it a 5% stake in the company, which issued fresh shares for the acquisition.

Ex-SAMer Kalpataru Tripathy acts for Fusion Micro Finance on $75m cash infusion from Warburg, opposite CAM, JSA, Vertices, IC Universal

US-based PE firm Warburg Pincus has acquired an indirect minority stake in Fusion Micro Finance Private Limited, an MFI based out of Delhi, through a primary subscription as well as secondary acquisition from certain early stage investors., according to reports . KT Advisors advised Fusion Micro Fin...

CAM for Premji Invest on $240m 6% stake buy in Future Retail from Bharti Ventures

“PremjiInvest, the family office of Wipro chair Azim Premji, has picked up 6% stake in Future Retail Ltd, the company said. PremjiInvest bought the stake in a bulk deal from Cedar Support Services Ltd, a subsidiary of Bharti Ventures Ltd,” according to Mint.

CAM acts for StanChart Financial on 49.99% Tek Travels investment

Standard Chartered Financial Holdings, Singapore (SCFH) (through, Standard Chartered Private Equity Advisor y (India) Private Limited) invested 49.99% in Tek Travels Private Limited, a B2B travel services company, according to reports . Cyril Amarchand Mangaldas advised Standard Chartered Financial ...

Toppr Technologies raises $2.2m from Alteria with MNSA, NDA

Education technology company Toppr Technologies raised Rs 15.5 crore of venture debt from Alteria Capital. Toppr offers learning programs focused on school curriculum and test preparation for major engineering and medical entrance exams in India and was founded in 2013, and is backed by SAIF Partner...