Cyril Amarchand Mangaldas (CAM) has hired AZB & Partners partner Vivaik Sharma as a funds partner in Mumbai.

Home-grown payments solution provider Pine Labs, on Monday, announced that it has raised close to $100 million from Lone Pine Capital as part of secondary and primary share sale. This investment round has taken the company’s valuation from $1.6 billion to $2 billion within a year. — Mint Phoenix Leg...

Senvion GmbH, Senvion Netherlands, SWTPL, SIPL sold their stake in SWTPL, Senvion LLP, and SIPL to Global Renewable Energy Development Holding Company Limited, owing to the bankruptcy of Senvion GmbH. This transaction involved complex structuring given that the purchaser and the sellers are non-resi...

The quick service restaurant chain’s IPO performance almost matched state-run Mazagon Dock Shipbuilders’ share sale in October which was subscribed more than 157.41 times. Burger King’s ₹810 crore IPO received bids of 11.67 billion shares, against the 74.49 million on offer, showed data received til...

Private equity major Blackstone has signed a deal to acquire Piramal Group’s Piramal Glass for around $1 billion. The deal contour includes an upfront payment of $850 million while Piramal Group will get approximately $150 million on achieving certain milestones, to be paid over 2 years. — Cnbctv18 ...

SBI Mutual Fund invested, by way of a preferential allotment, of Rs. 150 crore in Tube Investments of India Limited (“TIIL”), a listed public limited company which is part of the Murugappa Group. The board of Tube Investment of India (TIIL) has approved raising Rs 350 crore from Azim Premji Trust an...

In line with its strategy to invest in Indian real estate, American private equity major Blackstone has struck agreed to buy nearly 0.7 million sqft of office space in One BKC from the city-based developer Radius, for a reported Rs 2,500 crore, making it the largest deal in the country’s office spac...

Billionaire Mukesh Ambani-led Reliance Industries’ retail arm Reliance Retail Ventures has bought a 96 per cent stake in online furniture retailer Urban Ladder for Rs 182.12 crore ($24.4 million), in an attempt to expand its presence in India’s online retail market. — Ndtv IndusLaw advised Urban Lad...

Mumbai-based Pep Technologies Pvt Ltd, which owns caffeine-based skin and hair care brand mCaffeine, on Monday said it has raised Rs 42 crore in a Series B funding round from a consortium of investors led by Amicus Capital along with RPSG Ventures and existing investor Telama Investments. Pep Techno...

CreditAccess Grameen, is one of the largest microfinance institutions in the country. Headquartered in Bengaluru, it is focused on providing micro-loans to women predominantly in rural areas across India. It operates in 13 states, including Karnataka, Maharashtra, Tamil Nadu, Chhattisgarh and Madhya...

Avataar.me, a 3D and Augmented Reality software that helps enterprise customers create immersive shopping experiences for end-users, has raised $7 million from Sequoia Capital India. Avataar’s technology aims to bridge the gap between offline and online experiences by replacing the current 2D visual...

Three private equity funds Investcorp, Norwest Venture Partners and Gaja Capital together invested about Rs 800 crore ($110 million) to acquire about 31% stake in Xpressbees, the E-commerce focused end-to-end supply chain solutions provider. — The Economic Times IndusLaw advised Busybees Logistics S...

HR Food Processing Private Limited operating under the brand name ‘OSAM Dairy’ has raised approximately INR 75 crores from CDC Group Plc. and Lok Capital Growth Fund HR Food Processing Private Limited which is in the business of processing and marketing dairy products in Eastern India has raised app...

NEW DELHI: FarEye, a logistics SaaS (software-as-a-service) platform, announced a Series D investment of $25 million led by M12 (Microsoft’s venture fund), Eight Roads Ventures and Honeywell Ventures. Existing investor SAIF Partners also participated in the round. — Mint Algo Legal advised Robotic W...

Paytm knows the art of fundraising a little better than any other Indian unicorn. Despite losing momentum in payments and commerce businesses, Vijay Shekhar Sharma comfortably in November raised a whopping $1 billion in Series G round at a towering valuation of $16 billion. This was over a 45% jump ...

Cyril Amarchand Mangaldas (CAM) has postponed the opening of its physical offices until 31 March 2021 “pending the resolution of the health crisis”, from when it will introduce a policy that will allow staff to work from home (WFH) and more flexibly, according to a press release from the firm earlier today.

The rights issue of Mahindra & Mahindra Financial Services (Mahindra Finance) has been subscribed nearly 1.3 times. The issue saw a demand for over Rs 4,000 crore worth of shares against its offer size of Rs 3,088.82 crore. — Moneycontrol Khaitan & Co advised Mahindra & Mahindra Finan...

J Sagar Associates (JSA) has announced that its Gurgaon office would be open for optional business again, though there would be no compulsion on fee-earners to return. Dear Colleagues: After many months of enduring a difficult lockdown, we are glad to share that we are finally re-opening our office ...

Cyril Amarchand Mangaldas has internally announced that the firm “hoped” that staff would “start coming back to work gradually, in a staggered manner” from 19 October.

Former AZB & Partners partner Anu Tiwari has joined Cyril Amarchand Mangaldas today in Mumbai.