IndusLaw
Induslaw advised online and app-based taxi booking service Olacabs in raising Rs 1281 crore ($210m) from SoftBank, which was advised by AZB & Partners and Morrison Foerster.
IndusLaw advised Snapdeal again on its largest round of investment to date with 12 other law firm teams.
Read on for the hottest M&As, fundraisings and financings of the fortnight.
AZB & Partners came out on top of a 2014 first-half-year league table released by corporate analytics company Venture Intelligence, recording 22 deals worth more than $2bn.
Ran Chakrabarti, the co-founder of William Chakrabarti & Associates, has joined IndusLaw as a partner in Delhi from 1 August.
UK educated, he began his career in London and Singapore at Ashurst and White & Case and moved to India in 2007 to join Amarchand Mangaldas, moving to legal process outsourcer (LPO) CPA Global in 2010 in the outsourced legal team for Rio Tinto as lead lawyer.
In a press release Indus co-founder Gaurav Dani said that Chakrabarti would add to the firm’s capacity in international debt transactions, infrastructure and project finance.
Chakrabarti commented in the press release: “I’ve known the team at IndusLaw for some time now. It’s great to be joining a vibrant and ambitiouspractice and grow existing synergies.”
Chakrabarti could not be reached for comment at the time of going to press.
BMR Legal has continued advising online ticketing website BookMyShow in its latest fundraising round of Rs 150 crore by existing venture capital investors SAIF Partners and Accel Partners, who have continued relying on Indus Law.
Khaitan & Co Mumbai associate partner Nishant K Singh joined Indus Law in Mumbai as partner in its corporate practice.
Indus Law advised old client and online marketplace Snapdeal’s parent Jasper Infotech in its $100m (Rs 590 crore) second round of funding from US-based BlackRock Financial Management, Singapore’s sovereign wealth fund Temasek, Hong Kong-based Myriad Asset Management and Tybourne Capital Management, and Azim Premji’s Premji invest
IndusLaw partner Avimukt Dar with associates Aakriti Shakdher and Kriti Tannan acted for AM Marketplaces, which runs "social shopping platform" LimeRoad.com and received $15m in Series B funding from Tiger Global, Lightspeed Venture Partners and Matrix Partners VCCircle.
Luthra & Luthra partner Deepak Joyce acted for Matrix and Lightspeed, while Tiger Global drafted in Gunderson Dettmer New York partner Steven L Baglio and associate Eric Cheung.
Indus Law advised textile and apparel retailer Arvind Brands, which bought 49 per cent of the Indian licensee of global fashion giant Calvin Klein (CK) for Rs 100 crore. J Sagar Associates (JSA) advised the previous licensee Premium Garments and Wholesale Trading.
One of IndusLaw's co-founding partners, Tapas Misra, who became an of counsel at the firm 18 months ago and headed up its tax practice, has left with his team of two to start a tax boutique firm in Noida on 1 March.
Litigation, corporate, M&A, capital markets and private equity deals in brief from a cross-section of India’s top law firms.
J Sagar Associates (JSA) Bangalore has bagged the mandate for global e-auction giant eBay, which took a $133.7m stake in Indian online marketplace Snapdeal, advised by IndusLaw.
Deals round-up of more than a dozen recent instructions.