Articles tagged with: Induslaw

Indus, Bathiya act on DigiHealth $15m buy of Pharmarack

“Digital health firm ABCD Technologies LLP, which counts top Indian drug makers as investors, has agreed to fully acquire Pharmarack, a healthtech platform that lets businesses automate sales and operations.”, reported the VC Circle . ABCD, now to be renamed as IndoHealth Services, is set to acquire...

Zero sum games: Indus gamble pays off, crushes into mega $1.1bn Zomato IPO for banks with CAM, JSA, Lathams

IndusLaw’s capital markets team, which had been poached nearly lock-stock-and-barrel from L&L Partners in 2019, has won its highest-profile mandate to date in its role for the banks on the upcoming and eagerly-awaited Zomato initial public offering (IPO).

Indus hits 50 partner mark: Hires Praveen Kumar Thodupunuri from Tatva Hyd real estate

IndusLaw has hired Tatva Legal principal associate Praveen Kumar Thodupunuri as a partner in Hyderabad.

JSA (re)hires Indus Bangalore corporate partner Karthik BM

IndusLaw Bangalore-based partner Karthik B M has rejoined J Sagar Associates (JSA) as a partner from today.

Indus sells Cleartrip to Khaitan’s Flipkart with foreign involvement

E-commerce player Flipkart […] said it will acquire Cleartrip, a leading online travel and technology company. — Business Standard IndusLaw advised Cleartrip Private Limited led by a team of senior partner Srinivas Katta , partner Rashi Saraf , senior associate Stuti Agarwal , and associate Shreyas ...

Indus leads for ShareChat on $502m unicorn round with AZB, KCo, Gunderson, Cooley, Skadden

Mohalla Tech, the parent company behind India’s leading short video app Moj and Indic language social media platform ShareChat has become the latest entrant to the Unicorn Club. The company has raised US$502 million in its latest round. With the new rounds of investment, the valuation stands a littl...

Indus promotes 3 to partner: Minhaz Lokhandwala, Shreya Suri, Sowmya Kumar • +30 other promos

IndusLaw has promoted three of its fee-earners to partnership across three offices.

Indus acts on $10.6m Garware Technical Fibres buyback

The board of Garware Technical Fibres … approved a proposal for buyback of up to 3.17 lakh shares from all shareholders, including promoters and members of the promoter group, at ₹2,300 a share for an aggregate amount of about ₹73 crore. The buyback will be through the tender offer route, on a propo...

Indus sells Housing/PropTiger/Makaan.com owner for $116m to Australians with Trilegal, D&D, Quillon, KWM

Melbourne based real estate advertising company REA Group Ltd has entered into a binding agreement to acquire a controlling interest in Elara Technologies Pte. Ltd. owner of Housing.com, PropTiger.com and Makaan.com. — Hindu Business Line Australia-based REA Group Ltd will hike its stake to take con...

Indus sells Housing/PropTiger/Makaan.com owner for $116m to Australians with Trilegal, D&D, Quillon, KWM

Melbourne based real estate advertising company REA Group Ltd has entered into a binding agreement to acquire a controlling interest in Elara Technologies Pte. Ltd. owner of Housing.com, PropTiger.com and Makaan.com. — Hindu Business Line Australia-based REA Group Ltd will hike its stake to take con...

Indus, TSMP, Collyer act on Hyundai-Juniten JV to manufacture Li-ion batteries in India, Korea, Oman

Juniten Pte Ltd entered into a joint venture with Hyundai for manufacturing lithium-ion batteries; electric vehicles; and energy storage systems. The deal involved setting up and capitalisation of the joint venture entities in India, Republic of Korea, and Oman. INDUSLAW advised Juniten Pte Ltd led ...

Indus, TSMP, Collyer act on Hyundai-Juniten JV to manufacture Li-ion batteries in India, Korea, Oman

Juniten Pte Ltd entered into a joint venture with Hyundai for manufacturing lithium-ion batteries; electric vehicles; and energy storage systems. The deal involved setting up and capitalisation of the joint venture entities in India, Republic of Korea, and Oman. INDUSLAW advised Juniten Pte Ltd led ...

Pioneer, Indus act on $3m Zephyr Peacock investment in Ripplr

Intelligent Retail Pvt Ltd, which operates distribution and logistics startup Ripplr, has raised $3 million (around Rs 22 crore) in a Series A funding round. — VCCircle Pioneer Legal advised Zephyr Peacock India Growth Fund led by a team of partner Mayank Mehta , senior associate Sameer Raina and as...

Touchstone, Indus, Quillon, Desai fire up $20m pre-IPO BBQ Nation stake by Jubilant, others

Jubilant (the lead investor), Xponentia (the new investor) along with certain other investors invested in the pre-IPO fundraising of Barbeque Nation and acquired around 17% of equity stake in the Barbeque Nation out of which Jubilant acquired 10.76 % equity stake. Jubilant FoodWorks Ltd (JFL) … said...

Indus, US firms act on India’s cure.fit US-acquisition of Onyx

New Delhi: Healthtech startup cure.fit has acquired California, US-based fitness company Onyx at an undisclosed valuation, as part of global expansion plans.The acquisition is also a step towards cure.fit improving its computer-vision technology for its at-home fitness product, according to a statem...

Indus, US firms act on India’s cure.fit US-acquisition of Onyx

New Delhi: Healthtech startup cure.fit has acquired California, US-based fitness company Onyx at an undisclosed valuation, as part of global expansion plans.The acquisition is also a step towards cure.fit improving its computer-vision technology for its at-home fitness product, according to a statem...

IndusLaw CAM-lateral partner Manishi Pathak resigns

Delhi-based IndusLaw partner Manishi Pathak has resigned early last week.

Indus, Bharucha, NDA act on Unacademy $50m stake increase

Bengaluru: Unacademy has concluded a secondary transaction round that saw Tiger Global, Dragoneer Investment Group, Steadview Capital and General Atlantic purchase $50 million-worth of shares from existing investors to increase their stake in the edtech startup. — The Economic Times IndusLaw advised...

Khaitan hires Indus partner Tanu Banerjee for TMT push in Mumbai

Khaitan & Co has ramped up its technology, media and telecoms (TMT) practice in Mumbai with the hire of IndusLaw partner Tanu Banerjee.

IndusLaw hires Link Legal AP Pratyush Khurana

IndusLaw has hired Link Legal India Law Services associate partner Pratyush Khurana as a partner in its Delhi-based corporate team, according to a press release from the firm.