Private equity / VC

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 and associates Revathi Muralidharan, Sahana Raghunathan and Bharath Sridhar and AZB Mumbai partner Essaji Vahanvati and associate Manan Mehta acted for the promoters.

Khaitan Bangalore partner Ganesh Prasad and associates Vineet Shingal and Mukund Thirumalai Srikanth together Themis senior associate Ashwani Verma and Dheeraj Khanna and associate Hardik Bhatia acted for Sequoia.

Sequoia has made 12 healthcare investments in India, including this deal, spread across verticals such as diagnostic services, healthcare IT, patient services, pharmaceuticals, and product development services, reported the Times of India.

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.

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.

IndusLaw advised Snapdeal again on its largest round of investment to date with 12 other law firm teams.

AZB & Partners came out on top of a 2014 first-half-year league table released by corporate analytics company Venture Intelligence, recording 22 deals worth more than $2bn.

BMR Legal has continued advising online ticketing website BookMyShow in its latest fundraising round of Rs 150 crore by existing venture capital investors SAIF Partners and Accel Partners, who have continued relying on Indus Law.