Private equity / VC

JSA, Indus, Cyril Amarchand book Ixigo-Micromax investment

J Sagar Associates (JSA) advised travel met search website Ixigo�’s owner Le Travenues Technology and its promoters Aloke Bajpai and Rajnish Kumar on its fundraising from mobile phone maker Micromax Informatics, which was advised by Indus Law. Cyril Amarchand Mangaldas (CAM) Mumbai-based corporate p...

Desai Diwanji, Hariani help UK tabloid Daily Mail invest $3m in Mumbai real estate dot-com

Desai & Diwanji advised British media conglomerate Daily Mail & General Trust’s investment arm DMG Information on its Rs 19 crore ($3m) infusion in Mumbai-based commercial real company Propstack Services which was advised by Hariani & Co. D&D partner Siddharth Mody, senior associ...

JSA, DSK act on Rs 250 cr NIIT Incessant investment

J Sagar Associates (JSA) advised and assisted NIIT Technologies on investing for 51 per cent stake in Incessant Technologies which was advised by DSK Legal. JSA partner Lalit Kumar, senior associate Bharati Joshi and associate Ritika Arora acted for NIIT Technologies. DSK partner Ajay Shaw and manag...

AZB, Desai & D, Khaitan Cal-Del organise Bandhan Rs 1,020 cr investment by IFC, GIC

AZB & Partners advised International Finance Corporation (IFC) and Desai & Diwanji (D&D) advised GIC in their Rs 1,020 crore equity infusion, alongside Small Industries Development Bank of India (SIDBI), into microfinance institution Bandhan, which was advised by Khaitan & Co. AZ...

Altum, LegaLogic advise on Rs 12 cr cyber security investment

Altum Law advised Exfinity Ventures on infusing Rs 12 crore in cyber security start-up Uniken, which was advised by LegaLogic Consulting. Altum Bangalore-based co-founder and senior partner Anindita Phukan acted for Exfinity, which is backed by ex-Infosys veterans V Balakrishnan and TV Mohandas Pai....

Indus, Luthra, AZB, Themis bed down $24m VC investment into online hotel aggregator OYO Rooms

IndusLaw advised Oravel Stays, which runs budget hotel brand aggregator platform OYO Rooms, on its $24m (Rs 150 crore) funding from Lightspeed Venture Partners IX Mauritius (advised by Luthra & Luthra), Greenoak Capital Partners (advised by AZB & Partners), Sequoia Capital (advised by Them...

Shardul Amarchand, JSA, Khaitan act on Rs 2,000 cr Temasek Avantha buy

J Sagar Associates (JSA) and Khaitan & Co advised Advent International Corporation and Temasek Holdings on their Rs 2,000 crore ($311m) buy of Crompton Greaves’ consumer electrical business from Avantha Holdings which was advised by Amarchand Mangaldas’ Delhi office. JSA partners Somasekhar Sun...

AZB, JSA, BMR top private equity league table for Q1 of 2015

Venture Intelligence, which tracks private equity transactions “involving India-based companies” has published its ranking for the first quarter of 2015.

ELP, Samvad do early-stage ad-tech investment

Economic Laws Practice (ELP) advised IvyCap Trust Fund – I on its infusion into advertising technology and analytics start-up Sokrati Technologies which was advised by Samvad Partners. ELP Mumbai partner Suhail Naithani, associate partner Vinayak Burman, senior associate Archana Khosla and associate...

Another month, another Ola cash transfusion (from Russia): Indus, AZB, foreign firms profit

IndusLaw advised India’s largest taxi aggregator Ola Cabs, backed by Japan’s Softbank Corp, in raising $314m (Rs 1,952 crore) from Russian Yuri Milner’s DST Global which was advised by AZB & Partners and Goodwin Procter. Indus Delhi partner Gaurav Dani, senior associate Divya Varghese and assoc...

ELP, A&M act in Rs 60 cr Tano Capital microfinance investment

Economic Laws Practice (ELP) advised alternate asset management firm Tano Capital on investing Rs 60 crore in India’s second NBFC microfinance institution Arohan which was advised by A&M Law Offices. ELP partner Suhail Naithani, associate partner Vinayak Burman, senior associate Archana Khosla ...

IndusLaw remains dot-com PE darling with $150m Quikr injection from Tiger, eBay, others

Induslaw advised internet and mobile-based classifieds company Quikr Mauritius Holding in raising $150m (over Rs 900 crore) from existing investors Tiger Global, eBay and Sweden’s Kinnevik, and new investor Steadview Capital Management, LTR and ABG Capital, which were advised by Morgan Lewis and Gun...

Samvad, ARA, NDA, Themis on Tiger Global, Sequoia's $15m PE into Moonfrog

Samvad Partners advised Bengaluru gaming firm Moonfrog Labs in raising $15m (Rs 94 crore) from Tiger Global and Sequoia Capital. Tiger Global was advised by ARA law, Nishith Desai Associates and US firm Gunderson Dettmer. Sequoia was advised by Themis Associates and in house. Samvad partner Harish N...

Samvad + Indus double-team $15m Nexus PE in hotel booking site

Samvad Partners advised venture capital firm Nexus Venture Partners on leading a $15m round of funding in Inasra Technologies – the company that owns hotel booking website Stayzilla.com. Inasra was advised by IndusLaw. Samvad partner Harish Narasappa, senior associate Natasha Mahajan and associates ...

Indus, AZB, Samvad & others sit baby e-tailer FirstCry's $26m funding by Valiant

Induslaw advised baby care products e-tailer FirstCry in raising $26m from San Francisco-based hedge fund Valiant Capital Partners (which was advised by AZB & Partners) and from existing investors IDG Ventures India, Ventex Venture Holdings and SAIF Partners, which were also advised by Indus an...

JSA, Universal Legal, Khaitan, BMR on $33m publishing Carlyle PE

J Sagar Associates (JSA) advised global alternative asset manager The Carlyle Group on its $32.8m buy of a 54.8 per cent stake in Chennai-based publishing and technical services company Newgen Knowledge Works, which was advised by Universal Legal. JSA Chennai partner Aarthi Sivanandh and senior asso...

JSA, AZB, Khaitan, Themis on Curatio's Rs 95 crore sale to Sequoia

J Sagar Associates (JSA) and AZB & Partners advised the promoters of Curatio Health Care on the Rs 95 crore sale of 33.36 per cent of its stake to Sequoia, which was advised by Khaitan & Co and Themis Law Associates. JSA Chennai partner Aarthi Sivanandh, senior associate Tamara Devanandan ...

Amarchand Bom-Del-Chennai advise Warburg on record $200m jewelry investment oppos AZB

All that glitters does not bill (but it helps)
All that glitters does not bill (but it helps)
“)Amarchand Mangaldas together with Al Tamimi advised Warburg Pincus, which invested around Rs 1,200 crore for a 10 per cent stake in Kalyan Jewellers, advised by AZB & Partners.

One lawyer’s secret to making start-ups pay: Indus drives Olacabs to $210m SoftBank fundraising opposite AZB, MoFo

Olacabs: Another Indus start-up client starting to pay for itself?
Olacabs: Another Indus start-up client starting to pay for itself?
Induslaw advised online and app-based taxi booking service Olacabs in raising Rs 1281 crore ($210m) from SoftBank, which was advised by AZB & Partners and Morrison Foerster.

ELP, Samvad on Helion's first $6m infusion into Fresh Foods start-up

Samvad Partners advised Helion Venture Partners in investing Rs 35 crore ($5.7m) in ID Fresh Foods, which was advised by Economic Laws Practice (ELP). ELP partner Suhail Nathani, associate partner Vinayak Burman, senior associate Archana Khosla and associate Trishna Sharma acted for the company, wit...