Private equity / VC
Indus helps 2015-founded Xpressbees on $110m investment with NDA, SAM, CAM
Three private equity funds Investcorp, Norwest Venture Partners and Gaja Capital together invested about Rs 800 crore ($110 million) to acquire about 31% stake in Xpressbees, the E-commerce focused end-to-end supply chain solutions provider. — The Economic Times IndusLaw advised Busybees Logistics S...
AZB acts for Mankekar fam on $19m MyGlamm beauty investment (Jun ‘19);
Bengaluru: Silicon Valley-based venture capital firm Bessemer Venture Partners, early backer of companies like Pinterest and LinkedIn, is leading a Rs 130-crore round of investment in online direct-to-consumer cosmetics brand MyGlamm, as investor interest in the beauty market picks up. The round has...
JMP, CAM, Vertices do $10m fundraise for OSAM Dairy (Jun ‘19)
HR Food Processing Private Limited operating under the brand name ‘OSAM Dairy’ has raised approximately INR 75 crores from CDC Group Plc. and Lok Capital Growth Fund HR Food Processing Private Limited which is in the business of processing and marketing dairy products in Eastern India has raised app...
Algo, AP Partners act for Sequoia, InfoEdge on $8.7m round into Bulbulive Shopping
Info Edge (India) Ltd on Tuesday said it has invested about USD 6.33 million (about Rs 47.3 crore) in Bulbulive Shopping Network Pte Ltd. — Outlookindia Sequioa, Leo Capital and Info Edge invested into Bulbulive Shopping Network Pte Ltd in a round of USD 8.7 M. Algo Legal advised Sequoia Capital Ind...
Rajaram acts for Tictok Skill Games on $0.25m angel round (Apr ‘19)
Tictok Skill Games Private Limited raised money in their Series A1 - equity fund raise round from angel investors. Rajaram Legal advised Tictok Skill Games Private Limited led by a team of senior associate Nikita Rajwade . Burgeon Law represented the angel investors. This deal has not been reported ...
Rajaram gets $13m Series B for deal for biz travel SAAS start-up Itilite Tech with Gunderson, Goodwin
Itilite Technologies Pvt. Ltd, a software-as-a-service company focussed on business travel, has raised $13 million (Rs 99.45 crore at current exchange rates) in a Series B funding round. — VCCircle Rajaram Legal advised Itilite Technologies Private Limited and Matrix Partners India led by a team of ...
$150m Softbank, GA cash makes Indus client Unacademy a unicorn, with Khaitan, Bharucha
SoftBank Group Corp. is leading a round of venture investment in India’s education startup Unacademy, boosting its valuation to $1.45 billion as online learning surges during the coronavirus pandemic. — Mint IndusLaw advised Sorting Hat Technologies Private Limited ( Unacademy ) led by a team of par...
JM+P, Universal, Indus do $1.2m pre-Series A in GrayQuest fintech player
“Education-focused fintech company, GrayQuest has secured $1.2 million in pre-Series A funding led by Foundation Holdings. Mahansaria Family Office, Jeejeebhoy Family Office, Ashok Wadhwa’s Family Office, Samir Bhatia, and Rohit Dhoot amongst others also participated,” reported Entrackr . GrayQuest,...
Vertices acts on $0.4m Leadstart Publishing angel fundraise (Apr ‘19)
Publishing house Leadstart Publishing has raised Rs 3 crore ($429,800) in a funding round led by Mumbai Angels Network. — VCCircle Vertices Partners advised Leadstart Publishing Private Limited led by a team of partner Founder associate partner Archana Khosla Vishal Mehta and associate Manager Ankit...
Algo for FarEye robotics in $25m JSA-Microsoft, CAM-8 Roads, OMM-Honeywell Series D
NEW DELHI: FarEye, a logistics SaaS (software-as-a-service) platform, announced a Series D investment of $25 million led by M12 (Microsoft’s venture fund), Eight Roads Ventures and Honeywell Ventures. Existing investor SAIF Partners also participated in the round. — Mint Algo Legal advised Robotic W...
$160m Series J: Indus for Zomato, AZB for Tiger, SAM for MacRitchie
Info Edge on Thursday said its investee company Zomato has raised $160 million (about ₹1,173 crore) in funding from Tiger Global and Temasek Holdings subsidiary MacRitchie Investments, valuing the online food ordering platform at $3.3 billion. — Thehindu Food delivery company Zomato Media Pvt. Ltd h...
SAM for PayTM with CAM, S&R on $1bn Series G (Dec ‘19)
Paytm knows the art of fundraising a little better than any other Indian unicorn. Despite losing momentum in payments and commerce businesses, Vijay Shekhar Sharma comfortably in November raised a whopping $1 billion in Series G round at a towering valuation of $16 billion. This was over a 45% jump ...
3rd time Samvad for Zetwerk in $21m Series C with Algo, Gunderson
Business-to-business (B2B) manufacturing platform Zetwerk has raised $21 million ( ₹160 crore) as part of its Series C round, led by existing investor US-based Greenoaks Capital. Existing investors including Accel, Kae Capital, Lightspeed and Sequoia India also participated in this round. — Mint Sam...
Indus, Joyce act on $18.5m Series A seed round into Uni payments start-up
The transaction involved Series A fund-raise by the Uniorbit Technologies Private Limited (Uni), which was led by Lightspeed and Accel and co-participated by Acorn Heavy Industries Worldwide LLC. This is one of the largest seed financing rounds in India in recent times, according to Tech Crunch . In...
AZB acts for Michael & Susan Dell on $2m Eduvanz investment (Apr ‘19)
Mumbai-based fintech lending startup Eduvanz Financing has raised $2 million (about Rs 13 crore) from Unitus Ventures and the Michael and Susan Dell Foundation. — The Economic Times AZB & Partners advised Michael & Susan Dell Foundation led by a team of partners Hardeep Sachdeva and Priyam...
AZB acts on $20m Camden Town Tech VC investment (Apr ‘19)
Acquisition by Quona Capital, Reinventure Group, Ribbit Capital, Omidyar Network and PayU of certain equity stake in excess of 10% in Camden Town Technologies Private Limited, according to reports . AZB & Partners advised Camden Town Technologies Private Limited led by a team of partner Anu Tiw...
JurisCorp acts for Mount Judi Ventures on debut investment of $1.5m in medtech startup InnAccel
Mount Judi Ventures has struck its debut bet by investing in medtech company InnAccel Technologies Pvt Ltd, a top executive of the venture capital firm told VCCircle. — VCCircle Juris Corp advised Mount Judi Ventures led by a team of equity partner Arunabh Choudhary , and senior associate Aditi Josh...
Samvad, AP & Partners act on $8m Series B in The Moms Co
Amishi Consumer Technologies, the parent company that operates mother and baby care brand The Moms Co, has raised $8 million (Rs 58.4 crore at current exchange rates) in a Series B round of funding led by its existing investors Saama Capital and DSG Consumer Partners. — Techcircle Samvad Partners ad...
Legasis acts for ITI on investment in Bgl motion gesture start-up Vicara
Vicara, a Bangalore based motion gesture, and analytics recognition startup, has now secured an undisclosed seed funding backed by the ITI Growth Opportunities Fund. — Techstory Legasis Partners advised ITI Growth Opoortunities Fund led by a team of partner Apurv Sardeshmukh and associate Aanchal La...
Khaitan advises Zolostays on $56m Series C from Investcorp, Mirae
Co-living startup ZoloStays has raised $56 million in a Series C round led by Investcorp, Nexus Ventures Partners, Mirae Assets and existing investor Trifecta Capital among others. — Mint Khaitan & Co advised Co-Living Parent Pte Ltd led by a core transaction team comprising of partner Vineet S...