ARA Law
IC Universal Legal has hired ARA Law private equity and M&A partner Rowena De Sousa as a Mumbai-based partner in corporate, while also making two internal partner promotions in its corporate team - Nitesh Tiwari and Kavita Pancholi - and eight associate promotions.
ARA Law has hired K Law Bangalore-based associate partner Subharekha Ravi as co-head of its private equity (PE) and venture capital (VC) practice.
"Green Visor Capital announces follow-on investments in Flutterwave and Simpl, two emerging payments companies targeting commerce in Africa and India, respectively," according to News Wire.
ARA Law acted for customer support firm Freshdesk in it’s acquisition of Konotor, a mobile based user engagement platform developed by software company Demach who were advised by Agama law Associates.
ARA Bengaluru partner Avik Karmakar acted for Freshdesk.
Agama Mumbai partner Archana Balasubramanian led the team for Demach.
Konotor, founded in 2012 by Srikrishnan Ganesan, Deepak Balasubramanyam and Vignesh Girishankar claims to serve more than 40 million users through it’s app and boasts of customers including Zomato, BankBazaar.com and food-delivery service Faasos reported Mint. Konotor will continue to exist independently and serve its existing customers after the deal, it was reported.
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.
Juris Corp, I&S Associates, Indus Law, MDP & Partners, along with Amarchand Mangaldas, AZB & Partners, Khaitan & Co, Luthra & Luthra, Trilegal and others kept busy on 15 selected deals.
M&As and capital markets transactions take a marginal lead over litigation, competition and private equity and venture capital deals, in our three-week roundup.
Finsec Law Advisors has taken on its first lateral partner, with ARA Law senior associate Indrajit Mishra coming on board to build the transactional private equity practice at the financial sector advisory boutique.
Economic Laws Practice (ELP) has boosted its private equity and corporate practice with the hire of ARA Law partner Darshan Upadhyay under the new associate partner designation, which reduces the size of ARA’s partnership to one.
Mumbai private equity (PE) boutique ARA Law is mulling opening a Hyderabad office and expanding in Bangalore, having most recently advised on a Rs 60 crore Hyderabad hospital investment by private equity house Milestone Religare Investment Advisors.