•  •  Dark Mode

Your Interests & Preferences

I am a...

law firm lawyer
in-house company lawyer
litigation lawyer
law student
aspiring student
other

Website Look & Feel

 •  •  Dark Mode
Blog Layout

Save preferences
05 August 2015
Private equity / VC

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 Siddharth Nair.

S&R partners Rajat Sethi and Rachael Israel and associate Raya Hazarika acted for Bertelsmann.

Nishith Desai Associates Mumbai M&A practice co-head Simone Reis acted for Goldmans.

Khaitan & Co partner Siddharth Shah, associate partner Surbhi Kejriwal, senior associate Abhiraj Krishna and associate Aayush Tainwala acted for Zodius. They were assisted by partner Bijal Ajinkya and senior associate Aditi Mukundan on tax issues.

13 July 2015
Private equity / VC

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, senior associates Ashraf Lala and Rumma Panchmatia and associate Kumar Yashaswi acted for DMG Information.

DMH partner Anil Harish and associate Sohini Banerjee acted for Liases Foras.

DMG Information made its first strategic investment in May, in Chinese property information company Funcent, followed by investment of $3m in Propstack, reported Business Standard.

Last month Legally India reported that Desai & Diwanji had acted for DMG on its Rs 19 crore investment in commercial real estate company Propstack Services.

10 July 2015
Private equity / VC

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 Capital].

Goodwin Proctor Hong Kong partner Yash Rana advised Hillhouse.

09 July 2015
Private equity / VC

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 Rajesh Begur and Gunderson Dettmer New-York based senior partner Steven L Baglio.

Sequoia in-house lawyers Tanmay Amar and Sandeep Kapoor briefed Bangalore-based Themis Associates, led by partner Chetan Nagendra, principal associate Ashwani Verma and senior associate Dheeraj Khanna.

Shardul Amarchand partners Prashant Gupta and Puja Sondhi, with principal associate designate Aayush Kapoor, and senior associates Sumeet Singh and Sushrut Biswal acted for the fast-growing e-commerce start-up.

07 July 2015
Private equity / VC

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 partner Anshuman Jaiswal advised Ixigo’’s existing investors SAIF Partners and MakeMyTrip.

JSA Bangalore partner Vivek K Chandy and senior associate Siddharth K Vedula acted for Ixigo.

Indus Delhi partner Gaurav Dani, senior associate Divya Varghese and associate Chitvan Bakshi acted for Micromax.

Micromax plans to invest between $500,000 and $20m in over 20 start-ups this year with the help of its newly installed mergers and acquisitions (M&As) team, reported Mint.

04 June 2015
Private equity / VC

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 associate Ashraf Lala and associates Manav Shah and Santosh Vijay acted for DMG Information.

Hariani & Co senior associate Abhijeet Sonawane and associate Bhanudey Kanwar acted for Propstack and the existing investors.

The online real estate market has recieved significant investment recently from funds, for example, online property classifieds companies Housing.com and Commonfloor.com have collectively raised over $130m since September 2014, reported Mint.

29 May 2015
Private equity / VC

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 manager Salma Curmally acted for Incessant.

The deal was worth around Rs 250 crore, reported Mint.

29 April 2015
Private equity / VC

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