J Sagar Associates (JSA) acted as the Indian legal advisors to the Marvell Technology Group in the transaction and was represented by partner Probir Roy Chowdhury along with principal associate Vishnu Nair.

As reported in a number of publications, Richard Branson’s Virgin Hyperloop One is exploring entering India with the largely untested ultra-fast transportation technology.

Shardul Amarchand Mangaldas managing partner Pallavi Shroff is set to join India’s largest e-payments brand Paytm as a director, reported Business World.

JSA has promoted four to its partnership in Delhi, Mumbai and Bangalore.

The stake sale to the subsidiary of Chinese e-commerce giant Alibaba, values the online food ordering biz Zomato at $1.1bn, and has seen law firms AZB, Trilegal and JSA secure roles. Zomato has raised $150m from Ant Small and Micro Financial Services Group (Ant Financial), which is a payments affili...

Former J Sagar Associates (JSA) Mumbai principal associate Shaswata Dutta joined Trilegal Mumbai as counsel this month.

Ministry of railways operated public sector enterprise, RITES has filed the draft red herring prospectus with SEBI for an initial public offering to raise an estimated Rs 600 crores (approximately $94.5m) by way of an offer for sale by the President of India for a sale of upto 24 million equity shar...

ICICI Venture, the private equity arm of India’s largest private-sector lender ICICI Bank, has entered into a definitive agreement to acquire a minority stake of around 14% in popular women’s legwear brand Go Colors owned by Chennai-based apparel maker, Go Fashion India by investing Rs 100 crores (around $15.6m), through its fourth PE fund – India Advantage Fund Series 4, as reported by VC Circle and The Economic Times. The current investment is the ICICI Ventures’s first retail apparel investment in the past decade and also marks as the second for the women’s apparel brand, pursuant to an initial investment of Rs 60 crores by Sequoia Capital India Investments IV in November, 2014, wherein Sequoia acquired 33.33% stake in Go Fashion India.

Morgan Stanley Private Equity Asia has invested Rs 152 crore in South Health Foods, which makes the Manna Foods range of health food products, reported the The Times of India . Cyril Amarchand Mangaldas advised Morgan Stanley Private Equity led by New Delhi-based partner Nivedita Tiwari and partner ...

Rajasthan-based healthcare provider Karma Primary Healthcare Services has raised an undisclosed amount in a funding round led by early-stage investor and equity crowd-funding platform 1Crowd and its investor community, according to a press release by Legasis Partners. The health-tech startup had ear...

AZB & Partners was the busiest and fastest growing law firm in India this year according to year-end rankings released separately by Bloomberg and Thomson Reuters.

US-based private equity major Carlyle Asia Growth Partners has made an undisclosed but a significant majority stake acquisition in Chennai-headquartered healthcare solutions provider Visionary RCM Infotech (VRCM) through its affiliate Carlyle Growth Investments IV to support its growth and expansion...

J Sagar Associates (JSA) Chennai corporate partner Varun Sriram co-founded corporate law firm VB Legal in Chennai with independent lawyer Bhavya Sriram (no relation) two weeks ago, as first reported by VC Circle.

Mukesh Ambani-promoted 4G telecoms network Reliance Jio has agreed to buy the mobile business assets (including the spectrum, mobile towers and optical fibre network) of his younger brother Anil Ambani-promoted Reliance Communications, reported the PTI in The Hindu Business Line and others. Cyril Am...

Update 30 August 2018: The deal has closed for a total consideration of $2.65bn, as well as $1.95bn has been used to reduce RInfra’s debt. Gautam Adani-promoted infrastructure company Adani Transmission has agreed to buy Anil Ambani-promoted Reliance Infrastructure’s power generation and distributio...

Mswipe Technologies Private Limited, a mobile point of sale (POS) service provider, has raised $10 million with a follow-up funding round led by the B Capital Group, the investment firm from Facebook co-founder Eduardo Saverin backed by BCG, along with existing investor DSG Consumer Partners, aggreg...

J Sagar Associates (JSA) Delhi partner Vishal Anand has died earlier this morning of cardiac arrest following multiple organ failures, after having been admitted to hospital several weeks ago.

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).

Tags: J. Sagar Associates (JSA)PepsiCo India Holdings (PepsiCo) has sold its franchise rights for the State of Odisha and parts of Madhya Pradesh to Varun Beverages Limited (“VBL”), PepsiCo’s largest bottler in India and the flagship company of the R K Jaipuria Group, as reported by Money Control and Business Standard. VBL will now be a franchisee for PepsiCo products across 18 states and 2 union territories in the country.

“Cash management company CMS Info Systems has filed preliminary papers with markets regulator Sebi to raise about Rs1,000-1,200 crore through its initial share-sale offering. The company’s initial public offer (IPO) is a pure offer for sale.” reported Livemint and Moneycontrol. CMS Info Systems, fully owned by Baring Private Equity Asia, provides cash management services, which include ATM services, and cash delivery and pick-up. Existing shareholders would sell 44.4 million equity shares, resulting in a 30% stake dilution on a post-issue basis.