Private equity / VC

Indus, SB Partners on Conscient Hines $75m real estate investment

IndusLaw advised real estate developer Conscient Infrastructure, and SB Partners advised Hines and its global pool of investors, on their joint investment of Rs 400-500 crore to build a residential project in Gurgaon. Indus Delhi partners Gaurav Dani and Nishant Singh, senior associate Anubha Sital ...

Clove Legal, Platinum on Access Asset PE buyout of Teleysia

Clove Legal advised the promoters of Ahmedabad-based Teleysia Networks on selling a controlling stake in it to private equity firm Access Asset Managers which was advised by Platinum Partners. Clove co-founding partners Dharmesh Kotadia and Amit Sirsikar and associate Nupur Rustagi acted for the pro...

Samvad, Tatva on Aasaanjobs $5m infusion by Aspada

Samvad Partners advised Aasaanjobs and its existing investors Inventus Capital Partners Fund II, IDG Ventures India Fund II and Pandara Trust Scheme I on its $5m fundraising from Aspada Investment Company which was advised by Tatva Legal, and from the existing investors. Samvad Mumbai partner Apurva...

CAM, SAM, AZB, Lathams, Allen Gledhill on $172m Blackstone buy in IBS

Latham & Watkins and Cyril Amarchand Mangaldas (CAM) advised travel logistics firm IBS Software on the $172m sale of its minority stake to global private equity firm Blackstone which was advised by Allen & Gledhill and Shardul Amarchand Mangaldas (SAM). Latham partners Rajiv Gupta and Sin ...

Vaish, Bharucha on $2m Reliance investment in luxury e-tailer Radiant Hues

Vaish Associates advised luxury merchandise e-tailer Radiant Hues on the $2m (Rs 13.8 crore) sale of stake in it to the Anil-Ambani controlled Reliance Capital which was advised by Bharucha & Partners. Vaish Delhi partner Satwinder Singh and senior associate Varnika Sharma acted for Radiant. Bh...

Samvad, PDS and 3 foreign law firms help POPxo raise $2m from 4 funds

Samvad and Head Partnership advised IDG Ventures India Fund, Pandara Trust Scheme and Kalaari Capital Partners on their $2m investment, alongside investor 500 Startups, in digital media platform POPxo which was advised by PDS Legal and Gordon Dadds. 500 was advised by Penningtons Manches. Samvad par...

Ola’s $500m, 15-investor funding round draws in Indus, NDA, CAM [+Trilegal] with 5 foreign law firms [UPDATE-1]

IndusLaw advised Olacabs on raising $500m (Rs 3,320 crore) from 15 investors, some of which were advised by Nishith Desai Associates (NDA), Cyril Amarchand Mangaldas (CAM) and foreign law firms Goodwin Proctor, Gunderson Dettemer, Morrison & Foerster, Ropes & Gray and Fangda Partners.

Universal, Indus on $10m Qualcomm, Norwest PE in Attune Tech

Indus Law advised Qualcomm Ventures and Themis Law Associates advised Norwest Venture Partners on infusing $10m (Rs 65 crore) in Chennai based health tech start-up, Attune Technologies. Attune Technologies was advised by Universal Legal Chennai. Universal partner Sameena Chatrapathy and associates S...

Indus, AZB on $37m Healthvista fundraising

IndusLaw advised Accel and AZB & Partners advised International Finance Corporation on their $37m (Rs 247 crore) co-funding of Healthvista alongside investors Qualcomm Asia Pacific and VenturEast which were advised in house. Healthvista runs home healthcare company Portea Medical. Indus Bangalo...

Sarna, MPC book FabIndia, Nilekani for Juggernaut's digital-reading fundraise

Satyajit Sarna & Associates (SSA) advised India’s newest publishing start-up Juggernaut on its fundraising from Fabindia managing director William Bissell who was advised by MPC Legal and German law firm De Giacomo & Associates, and Infosys co-founder Nandan Nilekani who was advised by inv...

TMT, NDA, Gunderson fashion Roposo's $15m fundraising from Tiger Global and others

TMT Law Practice advised Relevant E-Solutions in raising $15m from Tiger Global, India Quotient and Flipkart co-founder Binny Bansal. Tiger Global was advised by Nishith Desai Associates and Gunderson Dettmer. TMT partner Kaushik Moitra with associate Aditya K Singh advised Relevant which runs fashi...

Indus, CAM, Tatva act on $25m IFMR infusion

IndusLaw advised IFMR Holdings on its $25m (Rs 162.5 crore) fundraising from Accion Africa-Asia Investment Company which was advised by Tatva Legal, Leapfrog Financial Inclusion India (II) which was advised by Cyril Amarchand Mangaldas and impact investment fund Lok Capital which was advised in hous...

NDA, CAM, SAM, Sullivan on $150m infusion II by Goldmans in Piramal Realty

Nishith Desai Associates (NDA) and Sullivan & Cromwell advised Wall Street investment bank Goldman Sachs on its $150m (Rs 900 crore) infusion in Piramal Realty which had less than a month ago received Rs 1800 crore from Warburg Pincus. Piramal was advised by Cyril Amarchand Mangaldas (CAM). NDA...

CA best friend, 3 law firms deliver $100m Pepperfry e-commerce investment

Bertelsmann India Investments did a follow-on investment with Goldman Sachs, Zodius Capital and Norwest Venture Partners in the operator of Indian furniture online shop Pepperfry.com, which saw a $100m financing round, reported Mint and others. Pepperfry was advised by BMR Legal Bangalore partner Si...

Cyril Amarchand for KKR $150m investment in JBF polyester with Crawford Bayley

Private equity giant KKR invested $150m for a minority share via preferential allotment in Mumbai-based polyester maker JBF Industries, reported the Economic Times . Cyril Amarchand Mangaldas acted for KKR, with Mumbai based managing partner Cyril Shroff, Bangalore-based corporate partner Nivedita R...

Advani acts on $2m Oliphans PE in Indian toy-making start up

Advani & Co advised on early-stage venture capital firm Oliphans Capital’s $2m (Rs 12.8 crore) investment in toy maker Prothom Industries. Advani partner Kshitij Sancheti acted for Oliphans. He commented in Advani’s press release: “The Make in India campaign has certainly picked up momentum. We...

Desai Diwanji does 2nd India deal for UK's Daily Mail investment arm with DM Harish

Desai & Diwanji advised British media conglomerate Daily Mail & General Trust’s investment arm DMG Information on its Rs 12.7 crore ($2m) infusion in Mumbai-based, non-brokerage, real estate company Liases Foras which was advised by DM Harish & Co. D&D partner Siddharth Mody, sen...

AZB Delhi helps fill fast-growing Paper Boat softdrinks maker with $17m investment package

AZB & Partners Delhi partner Gautam Saha with senior associate Heena Singh has advised Hector Beverages, which has found big success in selling traditional Indian soft drinks in trendy and hygienic packaging and [ has raised Rs 107 crore ($17m) from Belgium’s Sofina and China’s Hillhouse Capita...

Shardul Amarchand BAGS Grofers dotcom grocery investment by Tiger, Sequoia with ARA, Themis

Shardul Amarchand Mangaldas had advised the Grofers Group - a start-up that delivers groceries and other sundry items to homes from nearby shops - on its $36m investment by Tiger Global, Sequoia Capital and Apoletto Asia, which closed this week . Tiger Global was advised by ARA Law managing partner ...

JSA checks-out $40m Amazon investment in BankBazaar.com

J Sagar Associates (JSA) and Perkins Coie advised global e-commerce giant Amazon in buying for $40m - a 20 per cent stake - in bankbazaar.com-owner A&A Dukaan Financial Services, which was advised by Bangalore-based firm Themis Associates. JSA also advised Fidelity Growth Partners in buying a 2...