Private equity / VC
Private equity / VC Young private equity boutique Sand Hill Counsel has closed two private equity (PE) deals in the education sector for US-based venture capital firm Foundation Capital opposite AZB & Partners, J Sagar Associates (JSA) and Wadia Ghandy.
Private equity / VC AZB & Partners and Simpson Thacher & Bartlett have reprised their joint roles for private equity house KKR in its Rs 750 crore ($166m) investment in Amarchand Mangaldas-advised Dalmia Cement.
Private equity / VC Universal Legal has advised two microfinance institutions in Chennai and Hyderabad on private equity capital raisings with AZB & Partners and Trilegal acting for the investor companies.
Private equity / VC Khaitan & Co scooped another Blackstone mandate in the private equity house's Rs 225 crore ($51m) investment in newspaper publisher Jagran Media, which was advised by Luthra & Luthra. Simpson Thacher was the international legal counsel to Blackstone.
Private equity / VC Induslaw and Amarchand Mangaldas represented three funds that investing $10m into Azure Power's solar power technology project.
Private equity / VC Desai & Diwanji has acted as sole legal adviser on Rs 93.4 crores ($20m) investment by Templeton Strategic Emerging Markets Fund III (TSEMF III) in Shiv-Vani Oil & Gas Exploration Services for a 5.3 per cent stake in the company.
Private equity / VC
Davis Polk, J Sagar Associates (JSA), Lexygen and a raft of overseas firms have advised on the Morgan Stanley-led consortium's $425m (Rs 1,900 crore) investment in Indian power company Asian Genco.
Private equity / VC Amarchand Mangaldas Mumbai office and AZB & Partners Delhi have advised on Goldman Sachs's private equity arm $115m investment in conglomerate Max India.
Private equity / VC Nishith Desai Associates and J Sagar Associates (JSA) have acted for Orbit Corporation and the investors respectively in a Rs 165 crore private equity (PE) investment in Orbit for a township development.
Private equity / VC Desai & Diwanji and Rajani Associates have advised Motilal Oswal Private Equity Advisers on its Rs 40 crore investment in automobile component maker Minda Industries.
Private equity / VC
Khaitan & Co has picked up the Indian mandate to advise private equity group Intermediate Capital Group (ICG) on the $440m purchase of legal process outsourcing company CPA Global, alongside a raft of international firms.
Private equity / VC
Argus Partners and Nishith Desai Associates have advised on the Rs 200 crore ($43m) sale of Ravin Cables to an Italian cable manufacturer, while ALMT Legal has scored its first mandate for a Reliance fund, which was one of Ravin's shareholders.
Private equity / VC
Mumbai boutique firm Sand Hill Counsel and the Bangalore offices of Induslaw Advocates and Nishith Desai & Associates (NDA) have assisted IT customer support services provider iYogi in raising $15m of venture capital (VC) funding to expand its team of global tech experts.
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.