Private equity / VC

Desai & Diwanji seeds Sequoia relationship in PE power deal

sequoia-trees_by-Joi
sequoia-trees_by-Joi
Desai & Diwanji, DSK Legal and Wadia Ghandy have triple-teamed on the $100m private equity investment into Hyderabad power company Ind-Barath Power Infra.

SN Gupta, Hyderabad start-up advise on inbound hotels fund

SN-Gupta-Amit_Aggarwal
SN-Gupta-Amit_Aggarwal
SN Gupta & Co and one-year-old start-up India Legal have advised on Duet India Hotels’ Rs 120 crore ($26m) fund investment in a Hyderabad hotel project with L&T Phoenix Infoparks.

Boutiques advise on new media VC, expect revival of early stage deals

iphone-video
iphone-video
Thakker & Thakker and venture capital (VC) boutique law firms Sand Hill Counsel and Menon Associates have advised on the series A investment into a Hyderabad mobile TV start-up, giving several angel investors a partial exit.

LexCounsel helps set up 'innovative' VC fund

LexCounsel-Seema_Jhingan_crop
LexCounsel-Seema_Jhingan_crop
Delhi firm LexCounsel has advised the LeapStart Trust in setting up a Rs 50 crore ($11m) close-ended venture capital fund, that aims to capitalise on the resurgent market opportunities in India in various sectors.