Private equity / VC
Private equity / VC
Bangalore private equity (PE) boutique Lexygen and the Mumbai and Gurgaon offices of Vaish Associates have acted in the Rs 22.5 crore ($4.5m) investment by Zephyr Peacock India Fund in a telecom service company called Metro Wireless Engineering India (Metro Telworks).
Private equity / VC
Kolkata Amarchand spin-off Argus Partners and AZB & Partners have scooped roles on the $124m private equity placement and open offer by Bain Capital in coal tar manufacturer Himadri Chemicals & Industries.
Private equity / VC
Bharucha & Partners and Khaitan & Co have led on The Blackstone Group's Rs 300 crore ($64m) investment in logistics company Gateway Rail Freight.
Private equity / VC
Desai & Diwanji, DSK Legal and Wadia Ghandy have triple-teamed on the $100m private equity investment into Hyderabad power company Ind-Barath Power Infra.
Private equity / VC
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.
Private equity / VC
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.
Private equity / VC
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.