VC firm DSG Consumer Partners has made a partial exit in food processing industry company Veeba Fine Foods (founded in 1983, making sauces, dips, emulsions and dessert toppings) to Brussels-headquartered Verlinvest Asia, which was created by several families of the Anheuser-Busch InBev empire to make investments in the food and beverage space.

Legasis Partners advised deals and discounts website Nearbuy in raising Rs 15 crore ($2.25m) from non-banking financial company Blacksoil which was advised by IndusLaw.

“Third-party administrator Vidal Healthcare Services Pvt. Ltd Monday said Ambit Pragma Ventures Pvt. Ltd, the private equity arm of Ambit Holdings Pvt. Ltd, has invested about $10 million in the firm to buy a significant minority stake,” reported Mint.

Cyril Amarchand Mangaldas (CAM) advised Prime Focus Technologies and Prime Focus whereby on Ambit Pragma Fund II’s investment into Prime Focus Technologies. Ambit was advised by Nishit Desai Associates. CAM Mumbai corporate partner Ravi Kumar acted for Prime. NDA’s Huzefa Tavawalla and Nikhil Joseph...

“India has a new tech unicorn. Hike, a four-year-old messaging app, today announced that it has closed $175 million in funding led by new investors Chinese internet giant Tencent and manufacturing firm Foxconn. The Series D round values the company at $1.4 billion, founder and CEO Kavin Bharti Mittal confirmed to TechCrunch,” reported Techcrunch.

“P C Jeweller will raise up to Rs 257 crore through issue of preferential shares to US-based investment firm Fidelity for business expansion,” reported the Economic Times.

Nishith Desai Associates Mumbai acted for Tiger Global and DST Global, which invested $30m (Rs 200 crore) in a series C round in home rental company NestAway, which was advised by K Law.

K Law acted for Capital Float, the online lending platform for small and medium-sized enterprises (SMEs), in its $25m (Rs 170 crores) fundraising round led by Creation Investments, which was advised by J Sagar Associates (JSA) Delhi partner Lalit Kumar along with senior associate Bharti Joshi.

Khaitan & Khaitan advised Cremica Food Industries on Rabo Equity Advisors’ Rs 100 crore ($15m) investment in Cremica. Rabo was advised by Cyril Amarchand Mangaldas.

Clove Legal advised Indian equipment rental company Rent Alpha on investment in it by Hong Kong based investor Bravia Capital which was advised by Khaitan & Co.

Clove Legal advised queue management app Sminq on raising $1m from various venture funds led by Saama Capital and Blume Ventures. Saama was advised by Samvad.

Economic Laws Practice advised Edelweiss’ private equity arm Ecap Equities on its investment in BRIDGEi2i Analytics Solutions (BAS) which was advised by Nuvo Juris.

Link Legal advised digital healthcare platform 1MG Technologies on raising Rs 100 crore ($15m) from Maverick Capital Ventures which was advised by Shardul Amarchand Mangaldas (SAM) and Jones Day. Existing investors also participating in the round were Sequoia Capital which was advised by Themis Associates, Omidyar Network which was advised by Trilegal, and Dumac.

Khaitan & Co advised US procurement intelligence and analytics firm Beroe’s Indian arm on raising $10m from private equity firm Access Asset Managers which was advised by Platinum Partners. Khaitan associate partner Vineet Shingal, senior associate Kinshuk Jhunjhunwala and associate Shreya Dua ...

IC Legal advised the Puranik Group on raising Rs 300 crore ($46m) from Kohlberg Kravis Roberts which was advised by Cyril Amarchand Mangaldas. IC Legal partner Sambhav Ranka and senior associate Souvik Roy acted for Puranik. CAM Mumbai partner Pranav Sharma acted for KKR KKR, through this investment...

Shardul Amarchand Mangaldas advised Future Consumer Enterprise on Black River Food’s $45m investment in it. Black River Food was advised by Trilegal. SAM partners Kalpataru Tripathy and Abhishek Guha, senior associate Aditya Mehra and associates Roma A Das and Aditi Tralshawala acted for Future Cons...

Indian Law Partners (ILP) advised French beauty products maker L’Occitane International on leading a $6m funding round in on-demand beauty services startup MyGlamm which was advised by ALMT Legal. ILP partner Gopika Pant, counsel Vineet Gupta, senior associate Rakshika Kaul and associate Abhimanyu K...

Legasis Partners advised IndiaNivesh Venture Capital Fund on its Rs 10 crore ($1.5m) investment in Treo Engineering which was advised in house. Legasis managing partner Suhas Tuljapurkar, Mumbai principal associate Aashutosh Sampat, Pune partner Apurv Sardeshmukh and associates Mugdha Joshi and Hard...

Trilegal advised online entertainment content aggregator Hungama Digital Media Entertainment on its fundraising round which was led by smart device maker Xiaomi Singapore advised by Cyril Amarchand Mangaldas. The round also included infusions from existing investors Bessemer Venture Partners which w...

Economic Laws Practice advised Google Capital on leading a funding round in GirnarSoft’s auto classified ads website CarDekho. GirnarSoft was advised by Bharucha & Partners. Themis Associates advised Sequoia, BMR Legal advised Times Internet and Goodwin Proctor advised Hillhouse Capital and Tyb...