Ebay has picked up a 5.5% stake in Paytm Mall, as the San Jose-based online marketplace makes another attempt to get a slice of the Indian e-commerce market. Ebay said its global inventory will be available to over 130 million active users on Paytm Mall and Paytm’s app ecosystem as part of the deal....

US-based private equity firm Advent International Corporation is set to acquire a controlling stake in home-grown snacks maker DFM Foods Pvt Ltd that owns brands such as Crax and Natkhat. — Hindu Business Line J Sagar Associates (JSA) advised Advent International led by a team of partners Vikram Rag...

Chennai-based Sri Kauvery Medical Care, which runs the Kauvery Hospital chain healthcare centres in Tamil Nadu, has raised Rs 140 crore equity capital from India-focused impact investment platform LGT Lightstone Aspada, said a release. Mid-market investment advisory Veda Corporate Advisors, which ha...

Adani Power … said it has received the Letter of Intent (LoI) to acquire the insolvent Korba West Power Company (KWPCL) after the latter’s Committee of Creditors (CoC) approved Adani’s resolution plan for KWPCL. — Business Standard The insolvency was approved on 24 June 2019. L&L Partners advis...

Social commerce startup Meesho has raised $125 million, led by South African media and internet group Naspers, with participation from US technology company Facebook and existing investors SAIF Partners, Sequoia Capital, Shunwei Capital, RPS and Venture Highway. Former Vodafone Group CEO Arun Sarin ...

The Hain Celestial Group, Inc. (Nasdaq: HAIN) …, a leading organic and natural products company with operations in North America, Europe, Asia and the Middle East providing consumers with A Healthier Way of Life™, today announced that it has completed the strategic sale of Tilda®, a premium basmati ...

IndusLaw has hired J Sagar Associates (JSA) principal associate Revathy Muralidharan as a corporate transactional partner in Mumbai, as well as opened a new Mumbai litigation office near the high court.

Avalara Inc, a leading provider of tax compliance automation software for businesses of all sizes, … announced it has acquired the business of Portway International Inc., a Canadian company that provides customers with Harmonized System classifications and outsourced customs brokerage services. — Av...

JSA, Ikigai advise on co-working operator CoWrks’ acquisition of The UnCube, according to reports . Coworking operator CoWrks … announced the acquisition of The UnCube, which provides on-demand workspace solution… After the acquisition, CoWrks will rename the combined entity to CoWrks Go. At present...

Reliance Industries said its Reliance Industrial Investments & Holdings subsidiary has agreed to invest Rs 295.25 crore in Mumbai-based Fynd, in a deal that would see early backers Google, Venture Catalysts and Kae Capital exiting the retail-focused startup. In a filing with the Bombay Stock Ex...

Bizongo, a business-to-business marketplace for packaging materials, is raising $15 million from existing investors, including global technology fund B Capital and International Finance Corporation (IFC). The funding is expected to be part of the company’s Series C round, which may also see particip...

Greater Pacific Capital (GPC) has bought a $100 million stake in Enzen, a consulting and engineering company set up by former Wipro executives a decade ago that boasts of top-tier clients such as London’s main water suppler and electricity distribution company. This is the first investment from the ...

Lok Capital, IIFL Wealth invest ₹130 cr in digital insurer RenewBuy.com. The digital insurance disruptor has raised ₹130 crore ($19 million) in a Series B funding round led by venture capital firm Lok Capital and IIFL Asset Management. — The Economic Times PDS Legal advised RenewBuy.com , led by par...

metadesc: J Sagar Associates advised IndInfravit Trust led by partners Bir Bahadur Sachar , Aditya Rathi , Arka Mookerjee and Jamshed Bhumgara , senior associate Kaustubh Verma ; associates Parshva Doshi and Kinjal Shah ; partners Anish Mashruwala , principal associate Pallavi Banerjee and associate...

Two-wheeler rental startup Bounce raised $72 million in its series C funding round led by global technology fund B Capital Group and Falcon Edge Capital, a New York-based hedge fund. Accel Partners India, Accel Partners USA, Chiratae Ventures, Maverick Ventures, Omidyar Network India, Sequoia Capita...

IT services company Hexaware Technologies Ltd has acquired US-based digital services firm Mobiquity for $182 million in an all-cash deal, the company said in an exchange filing on Friday. — Mint J Sagar Associates advised the Indian acquirer parent company, Hexaware Technologies Limited , led by a t...

“Hema Engineering Industries Limited, an automotive parts manufacturing company, has successfully acquired two automotive manufacturing units of Omax Autos Limited, located at Haryana, on asset purchase basis, for an aggregate consideration of INR 130 crores. Hema, as a series of expanding its busin...

US-based electronic payments company ACI Worldwide … announced strategic investment in Mumbai-based digital payments firm Mindgate Solutions. — Business Standard HSA Advocates advised Mindgate Solutions Private Limited led by a team of partner Rachika A Sahay , along with associate Meghna Mishra and...

Electric scooter maker Ather Energy Pvt. Ltd said … that it has raised $51 million in its latest investment round, led by existing investor Sachin Bansal who chipped in with $32 million ( ₹220 crore)… In addition to the equity round, Ather Energy said it has also raised $8 million in debt from ventu...

ACI Worldwide, a global provider of real-time electronic payment and banking solutions has made an undisclosed investment in Mumbai based Mindgate Solutions. The digital payments firm is a market leader in processing Unified Payment Interface (UPI) transactions, with almost 70% of all UPI transactio...