IndusLaw
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.
IndusLaw advised the founders of Redbus and its early investors Helion, Inventus and Seed Fund, in selling out the online bus-ticketing service for $100m (Rs 597 crore) to the Ibibo Group, which is a joint venture of South African Media giant Naspers and Chinese internet company Tencent.
Amarchand Mumbai partners Vandana Shroff and Ajay Joseph acted for the Ibibo Group, which owns online travel aggregators Goibibo and TravelBoutiqueOnline.
IndusLaw Bangalore partner Suneeth Katarki with associates Basava Rao, Rashi Saraf, and Sherill Pal acted for the Bangalore-based Pilani Softlabs’ founders Phanindra Sama and Charan Padmaraju and the other investors in the buy-out of the seven-year old company.
In 2012 RedBus earned Rs 350 crore selling tickets over Rs 600 crore on more than 10,000 bus routes, according to Mint.
Pramod Rao, the founder partner of IndusLaw’s Mumbai office and former general counsel (GC) of ICICI Bank, will join Citibank India as its GC in July.
IndusLaw’s Hyderabad office advised Kaizen Private Equity, which with German publishing giant Bertelsmann invested $4m (Rs 22 crore) in AuthorGen Technologies, that was advised by Dua Associates in Mumbai.
AuthorGen’s majority shareholder Educomp, which will become a minority shareholder after the sale, was represented by Amarchand Mangaldas Delhi partner Kalpataru Tripathy and senior associate Promode Murugavelu.
Dua Mumbai partner Vinod Joseph, senior associate Sugandha Kamal and associate Dhrupad Vaghani assisted AuthorGen and its founder Harman Singh.
IndusLaw Hyderabad partner Satya Sree Akella and associates Basava Rao and Kaustuv Banerjee acted for Kaizen.
AuthorGen is involved in providing online classes to teachers with its flagship product WizIQ, reported Mint.
Alliance Legal co-founding partner and J Sagar Associates (JSA) alumni Priyanka Roy has joined IndusLaw as its second Mumbai equity partner to bolster former ICICI general counsel (GC) Pramod Rao who set up the office in April 2012.
Supporting cast: Yash Raj Films, Gruner+Jahr, MakeMytrip, DLF, Tata, Fidelity, CESC, IFC, Bharat Petroleum, Indian Oil, Wells Fargo, Newscorp, CEAT, Dhunseri, Everstone, Mayfield, Linde, GTL, Sintex, Mahindra & Mahindra, DISA. Starring: Amarchand Mangaldas, JSA, AZB, Indus, HSA, Naik, Khaitan & Co and international talent.