Private equity / VC

JSA, Themis help Info Edge, Sequoia review $36m Zomato investment

Zomato
Zomato
J Sagar Associates (JSA) advised Info Edge on Rs 57 crore, Themis Associates Sequoia on Rs 170.6 crore investments in Zomato.

Tatva & Luthra birth $16m Sequoia, Matrix PE investment into Cloudnine

Tatva Legal advised Bangalore-based post natal clinic Cloudnine in raising Rs 100 crore ($16m) from Sequoia Capital and Matrix Partners. Sequoia was advised by Luthra & Luthra. Tatva Bangalore partner Manav Nagaraj and senior associate Bhargava KS acted for Cloudnine, which is owned by Kids Cli...

Tatva, DSK land Gurgaon Orris’ $33m Xander financing

Tatva Legal advised Xander Finance in investing Rs 200 crore ($33m) in Gurgaon-based realty company Orris, which was advised by DSK Legal. Tatva Delhi partner Simran Singh and managers Neha Chhabra and Seher Ali acted for Xander, which structured its investment as a senior secured non-convertible de...

Desai Diwanji, Platinum buff steroid-maker Symbiotec with $48m Actis funds

Steroids
Steroids
Desai & Diwanji advised Indore-based steroids manufacturer Symbiotec Pharmalab and shareholders in the Rs 292 crore ($48m) PE investment by Actis Medal Sports, advised by Platinum Partners.

Amarchand, NDA inject IDFC’s Rs 125 cr investment in Medi Healthcare

Amarchand Mangaldas advised IDFC Alternatives – the alternate investment arm of infrastructure financier IDFC Private Equity Fund - in its Rs 125 crore investment ($20m) in Bangalore-based health insurer Medi Assist Healthcare. Medi Assist was advised by Nishith Desai Associates. Amarchand Mumbai pa...

Khaitan assists Kirkland in Apax $420m GlobalLogic buy alongside HogLov

Kirkland & Ellis with Khaitan & Co have acted for private equity firm Apax Partners in its $420m purchase of California-headquartered offshore software services provider GlobalLogic. Khaitan partners Haigreve Khaitan and Aakash Choubey acted for Apax, assisted by competition law partner Av...

Khaitan for Baring with AZB, JSA in $440m PE buyout of Hexaware

AZB & Partners, J Sagar Associates (JSA) and Khaitan & Co have advised on the Baring Private Equity Asia buy-out and open offer of IT and BPO firm Hexaware Technologies for a total of around Rs 2,745 crore ($440m). AZB Mumbai partners Abhijit Joshi and Essaji Vahanvati acted for Hexaware a...

Link Legal, UU Argus drive $35m GMR equity to IDFC

Link Legal advised GMR whose road development arm GMR Highways sold 74 per cent stake in its special purpose vehicle GMR Ulundurpet Expressways to IDFC’s India Infrastructure Fund for Rs 222 crore ($35m). IDFC was advised by Udwadia Udeshi & Argus Partners.

PXV, Kochhar act for Glocal Hospitals in $4m SIDBI investment

PXV Law Partners Mumbai partner Deepto Roy acted for long-time client Glocal Hospitals in its Rs 25 crore ($4m) investment by SIDBI Venture Capital. Kochhar & Co Gurgaon-based partner Anjuli Sivaramakrishnan acted for SIDBI.

Trilegal, Wadia G, AZB Mum & Bgl on largest microfinance investment in 3 years

Trilegal advised Morgan Stanley Private Equity Asia, AZB & Partners Mumbai advised Alpha TC Holdings, and Wadia Ghandy advised the CVCI Group in picking up a minority stake in Bangalore-based microfinance institution Janalakshmi for, according to the Economic Times , Rs 350 crore ($55m). Janala...

Universal Legal, Wadia Ghandy on $16m healthcare PE

Universal Legal advised Andhra Pradesh-based Rainbow Hospitals, in which the UK-government owned CDC and private equity investor Abraaj Group invested Rs 100 crore ($16m). Wadia Ghandy advised the CDC and Abraaj Group. Universal Legal Chennai-based partner Kavitha Vijay and senior associate Sameena ...

Tatva, Trilegal bring $10m ASK Pravi PE care to Omni hospitals

Tatva Legal advised the ASK Group’s joint venture fund ASK Pravi in investing Rs 60 crore ($9.8m) in Hyderabad-based Omni hospitals, which was advised by Trilegal. Tatva Bangalore partner Manav Nagaraj, Hyderabad partner Rajeev Reddy, senior associates Pratyush Singh and Bhargava KS and associate Kr...

AZB, Indus, Samvad, Tatva top a PE volume league table

AZB & Partners came out on top of a 2013 first-half-year league table released by corporate analytics company Venture Intelligence, recording 19 deals. Induslaw and Samvad Partners – previously known as Narasappa Doraswamy & Raja – and Tatva Legal recorded eight deals each in the rankings....

Bharucha, Luthra act on Rs 80 cr Shree Shubham agri-logistics PE structure

Luthra & Luthra Mumbai acted for private equity house Tano Capital, which invested Rs 80 crore ($13.4m) in agri-logistics company Shree Shubham Logistics, a subsidiary of Kalpataru Power Transmission, which was advised by Bharucha & Partners. Luthra Mumbai partner Deepak THM and associates...

HSA for micro pension in German KfW stake; AZB for Dell foundation

HSA Advocates advised Invest India Micro Pension Services (IIMPS) and its promoters in raising funds from German promotional bank KfW for a 30 per cent stake in IIMPS. KfW was advised by its in house legal team. AZB & Partners partner Hardeep Sachdeva advised the Michael & Susan Dell Found...

Lexygen, Bharucha on Norwest’s $10.5m investment in Snowman

Lexygen acted for private equity firm Norwest Venture Partners in investing Rs 60 crore ($10.5m) in Bangalore-based cold chain logistics firm Snowman Logistics, which was advised by Bharucha & Partners. Lexygen founding partner Vijay Sambamurthi with associate Neelima Kumar acted for Norwest, w...

DSK, NDA, Goodwin on $25m PE to Fractal Analytics

DSK Legal advised Fortune 500 companies’ analytics provider Fractal Analytics in the Rs 150 crore ($25m) cash injection by private equity (PE) firm TA Associates, which was advised by Nishith Desai Associates (NDA) and Goodwin Procter. DSK Legal Mumbai partner Tushar Ajinkya acted for Fractal. NDA B...

Dua, ELP raise $5m for Amagi ad sellers from Mayfield

Dua Associates advised advertisement seller Amagi Media Labs in its second fundraising round of Rs 27.5 crore ($4.7m) from global venture capital (VC) fund Mayfield FVCI, which was advised by Economic Laws Practice (ELP). Dua Associates Mumbai partner Vinod Joseph with senior associate Sugandha Kama...

JSA, Khaitan, Dua Bangalore sell Rs 250cr Milltec equity to Multiples PE

J Sagar Associates (JSA) advised Bangalore-based milling machine maker Milltec Group in Mauritian fund Multiples’ buy-out of half its equity for Rs 250 crores ($43.3m). Multiples was advised by Khaitan & Co Bangalore. JSA partners Sajai Singh and Gerald Manoharan, senior associate Prashant Kuma...

Amarchand, JSA, Herbies hook up $110m Goldman Sachs-Den TV investment

Television investment
Television investment
Three law firms structure preferential allotment of shares in BSE/NSE-listed company.