Cyril Amarchand Mangaldas has hired Sameer Chugh as Delhi-based corporate and technology, media & telecommunication (TMT) and regulatory partner.

C yril Amarchand Mangaldas’ Delhi-based legal technology support programme Prarambh, which had been launched in 2019 and had ‘mentored’ four start-ups so far without a direct pecuniary element, has selected another three legal tech startups that it wanted to work with more closely over 16 weeks from...

C yril Amarchand Mangaldas (CAM) has said it had appointed three former banking industry regulators to its financial institutions group (FIG) and an initiative it has dubbed a “regulatory bench”, according to a press release by the firm last week. The initiative was a “critical piece” of CAM’s advic...

On Tuesday, DeHaat, an online platform that offers full-stack agricultural services to farmers, said it has raised $30 million in a new financing round as the Indian firm looks to maintain its accelerated growth despite the pandemic. — Techcrunch Desai & Diwanji advised existing investors Omniv...

C yril Amarchand Mangaldas (CAM) head of international tax and director Daksha Baxi has started up her own firm, SRI Solutions , in Mumbai, according to her LinkedIn profile. She had joined CAM in 2018 from Khaitan & Co. Her daughter, Pooja Baxi-Patel who had joined CAM at the same time as Baxi...

Cyril Amarchand Mangaldas Bengaluru-based equity partner Arjun Lall, who had been with the firm for 20 years since graduating from NLSIU Bengaluru in 2001, has now officially left the firm.

Cyril Amarchand Mangaldas has hired Desai & Diwanji Mumbai partner Ketaki Gor Mehta as a partner in its new office in the Gandhinagar-based office in the Gujarat International Finance Tec-City (GIFT), which it had announced in early May 2021 (alongside IC Universal Legal also opening in the city).

T rilegal and Cyril Amarchand Mangaldas (CAM) have continued the small-scale war of partner attrition, with Mumbai-based banking and finance partners Pranav Sharma and Mallika Chopra in the process of being voted into the Trilegal partnership, Bar & Bench reported. CAM managing partner Cyril Sh...

Murugappa Group firm Tube Investments of India Ltd (TIIL) has agreed to invest Rs 700 crore in CG Power and Industrial Solutions Ltd for a 51 per cent stake, the scam-hit company said on Friday. — Outlookindia The acquisition of the controlling interest in CG Power by the Murugappa Group is to be ex...

In an attempt to step up its game in the Kirana-tech space, American ecommerce giant Amazon has acquired Bengaluru-based retail tech startup Perpule for INR 107.6 Cr (about $14.5 Mn). The overall deal value is pegged at INR 150 Cr ($20 Mn) as Amazon is expected to pay additional remuneration to Perp...

Hospital-focused supply chain platform Aknamed… said it has acquired Vardhman Health Specialties for USD 35 million (over Rs 250 crore). The transaction enables Aknamed to further promote excellence in the delivery of healthcare essentials, with an enhanced pan-India footprint with leadership in the...

Cyril Amarchand Mangaldas has re-hired Rutu Gandhi as a partner in its financial regulatory practice (FRP) in Mumbai.

Dtwelve Spaces Private Limited, operating as Stanza to provide shared living spaces for young people, scored a $100m Series D fundraise from Matrix Partners India, Alpha Wave Incubator and Falcon Edge Capital, and Sequoia Capital (“Sequoia”), according to [ https://entrackr.com/2021/04/exclusive-sta...

Mosaic Wellness, a consumer brands company raised $10 million in its maiden funding round from Matrix Partners India and Sequoia Capital India, along with SAIF Partners, according to reports . Two prominent venture capitalists have come together to launch Mosaic Wellness, a consumer brands company, ...

Online healthcare portal Practo has raised $32 million (Rs 240 crore) in a new round of funding led by Chinese life insurance conglomerate A1A Company and joined by existing investors Tencent, Sequoia Capital, Sofina Ventures, Matrix Partners, G Capital, and RTP Global, The Ken first reported on Fri...

Coimbatore-based Ampere Vehicles, a wholly-owned electric mobility subsidiary of Greaves Cotton, on Monday announced the acquisition of 74% stake in Noida-based Bestway Agencies Pvt Ltd (BAPL) which sells e-rickshaws under the popular ELE brand. — The Financial Express Cyril Amarchand Mangaldas advi...

In the single largest foreign investment in India’s clean energy space, ORIX Corp. is set to invest $980 million in Greenko Energy Holdings; the Japan’ financial services firm said in a statement. The deal will also add 873 MW of Orix’ operating wind assets to Hyderabad-based Greenko’s portfolio, an...

Realty major Macrotech Developers, which recently raised Rs 2,500 crore through a public issue, on … said it will list its shares on stock exchanges on April 19. The Mumbai-based company launched its initial public offer (IPO) on April 7 to raise Rs 2,500 crore through fresh issue of shares. The iss...

Embassy Office Parks, which recently launched India’s first real estate investment trust (REIT), Friday said it will raise Rs 3,000 crore through the allotment of debentures on a private placement basis. — Businesstoday Entities in the Blackstone group have invested an amount of approximately INR 68...

UpGrad on Monday said it has raised $120 million in funding from Singapore-based Temasek. The investment, which the company claims to be its first external funding, reportedly values the ed-tech firm at an estimated $575-$675 million. upGrad did not disclose the valuation. — The Financial Express On...