•  •  Dark Mode

Your Interests & Preferences

I am a...

law firm lawyer
in-house company lawyer
litigation lawyer
law student
aspiring student
other

Website Look & Feel

 •  •  Dark Mode
Blog Layout

Save preferences

IndusLaw

24 April 2018

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.

09 April 2018

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

18 January 2018

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.

30 November 2017

“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.

27 November 2017

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).

07 November 2017

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.

13 September 2017

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.

31 July 2017

"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.

30 May 2017

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.

25 May 2017

IndusLaw has moved from its Noida office to Delhi, to work out of a space that can accommodate 80 people, with an area of around 9,000 sq ft.

15 May 2017

“Media baron Subash Chandra-led Zee Entertainment Enterprises Ltd has decided to acquire an 80% stake in tech startup Margo Networks Pvt. Ltd for Rs 75 crore ($11.5 million),” reported VC Circle.

11 May 2017

IndusLaw added former in-house counsel Karthik BM as partner in Bangalore and former K Law associate partner Deepak Chowdhury as partner in Hyderabad.

26 April 2017

Shardul Amarchand Mangaldas Gurgaon partner Saurav Kumar has joined IndusLaw in Delhi as a partner, after having left the firm earlier this month.

Latest comments