“Office commute automation platform MoveInSync has raised $8 million (Rs 52 crore) in a Series B round of funding led by homegrown venture capital firm Nexus Venture Partners, a company statement said.”, reported VC Circle. The funding also saw participation from the existing investors Inventus Capital Partners, Saama Capital and Qualcomm Ventures.

“Bigtree Entertainment Pvt. Ltd, which owns and operates BookMyShow, an online entertainment ticketing platform, has raised $100 million in Series D funding from investors led by TPG Growth,” reported Mint . Shardul Amarchand Mangaldas advised Bigtree Entertainment-owned Bookmyshow and its promoters...

“Online travel agency Cleartrip has acquired Saudi Arabian travel start-up Flyin with the deal size pegged at $60-70m by sources close to the development,” reported Mint.

Wadia Ghandy homegrown partner Swapnil Khatri has joined IndusLaw as partner in Mumbai in its disputes practice.

Online payment and e-commerce platform, Paytm has made a strategic investment in the resultant joint entity of hyper local deals discovery platforms Nearbuy and Little Internet by infusing fresh funds of over Rs 162 crores ($25m) and acquiring a majority stake of 51%, reported The Economic Times and Mint. The merged entity expected to be valued over $100m and hold a market share of 88%, is said to have been arranged by Paytm as a strategic move to provide their merchant partners an opportunity to offer deals to acquire new customers and grow their business.

IndusLaw has promoted 3 to salaried partnership, growing its total partnership to 26.

Faridabad-based super-specialty hospital, Asian Institute of Medical Sciences, has raised an investment of Rs 139 crores ($21m) from UK-based development finance institution CDC Group in a frsh round of funding, as reported by VC Circle and Mint . Existing investor Orbimed which backed the healthcar...

Mumbai-based web and mobile browser testing platform, BroswerStack has raised Rs 318 crores (around $50m) in a Series A funding round led by US-based venture capital firm Accel for a minority equity position, as reported by TechCrunch and VC Circle . BrowserStack, with offices in Dublin and its Nort...

Bengaluru-based vernacular social networking app Sharechat, owned by Mohalla Tech has raised Rs 120 crores (around $18m) in a Series B round of funding from Chinese smartphone manufacturer Xiaomi and its founder Lei Jun’s venture capital fund Shunwei Capital along with participation from existing in...

Bengaluru-based microlending startup KrazyBee, operated by Finovation Tech Solutions, has raised Rs 52 crores (around $8m) through a Series A equity and debt financing round led by Xiaomi Technologies and venture capital firm Shunwei Capital, along with participation from Mumbai-based Essel Group’s ...

Chennai-based NBFC Samunnati Financial Intermediation & Services has raised Rs 150 crores ($23.5m) in a Series-C funding round led by Swiss investment firm responsAbility with participation from existing investors Elevar Equity and Accel Partners, as reported by VCCircle and The Hindu. The investment was done by way of subscription to 100 equity shares and 317,423 compulsory convertible preference shares of Samunnati.

Kolkata-based FMCG major Emami has announced the acquisition of a 30% stake in Helios Lifestyle, owners of the premium male grooming brand The Man Company, for an undisclosed amount, as reported by The Economic Times and MoneyControl . The acquisition of the stake is said to be completed by 31 Decem...

“Portea Medical has raised series C funding of $26 million led by new investors Sabre Partners and MEMG CDC. Portea’s existing investors Accel, International Finance Corporation (IFC), and Qualcomm Ventures also participated in this round. Avendus Capital provided financial advisory services to the latest funding round in Portea,” reported MediaNama.

In the latest bi-annual rankings compiled by consultancy RSG India, AZB & Partners has topped the table ahead of Shardul Amarchand Mangaldas (SAM) and Cyril Amarchand Mangaldas (CAM), which had topped the table in 2015 when still united in one firm as Amarchand Mangaldas before their break-up (see full table below).

“Sumant Sinha-led ReNew Power is making a Rs 1,000-crore acquisition of wind power assets of the KC Thapar Group, helping India’s biggest renewable energy player strengthen its position in the rapidly consolidating sector. ReNew Power will acquire three fully operational plants with a total capacity...

Dutch development bank, FMO has raised close to Rs 200 crore (approximately $30.5 million) in debt through subscription of non-convertible debentures issued by renewable energy firm Azure Power India, as reported by Mint.

Visage Holdings and Finance owned NBFC Kinara Capital, has raised Rs 96 crore (USD 15 million approx) in a fresh round of investment by way of primary infusion and purchase of shares from mid-market PE firm Gaja Capital along with Spanish impact investment firm Gawa Capital and existing investors, a...

IndusLaw added former K Law associate partner M Arun Kumar as a partner in its Hyderabad office, to bolster the firm’s local real estate and infrastructure practice.

“Budget hotels chain FabHotels has raised $25 million in a Series B funding round led by Goldman Sachs, a top company executive said. Accel Partners, an existing investor in FabHotels, also participated in the round,” reported Mint.

VPC GmbH has acquired 50% controlling stake in Encotec Energy (India) Pvt. Ltd for an approximate value of Rs. 14.43 crores (€2 million). Encotec offers operation management for power plants, supply of photovoltaic systems and trading of Chinese power plant spare parts.