“SuperMarket Grocery Supplies Pvt. Ltd, which owns online grocer BigBasket, is raising $150 million (about Rs 1,040 crore) in a fresh round of funding led by South Korean firm Mirae Asset,” reported VCCircle , which also included Alibaba and CDC. Cyril Amarchand Mangaldas advised Supermarket Grocery...

“Varun Beverages Ltd (VBL) on Monday said that its board has approved plans to acquire franchise rights from PepsiCo in the South and West regions,” reported Hindu Business Line about the business transfer.

“Suryoday Small Finance Bank, a scheduled commercial bank, has raised ₹248 crore in equity funding through private placement, which the company intends to use for expansion plans,” reported Hindu Business Line . Jerome Merchant + Partners advised the existing investor of Suryodaya Small Bank, Evolve...

“New age technology-led NBFC InCred has raised Rs 600 crore from a group of global investors in a move that will raise its equity capital. The latest funding round will increase the total equity capital of the company to over 1,000 crore,” reported The Economic Times , with funding from Alpha Capita...

“In what would seem to be Mastercard’s plan B in the recent tug of war with Visa over the acquisition of Earthport, the company announced that it will acquire Transfast, a New York based mature fintech that specializes in cross border remittances. The article is posted on Zachs and does not disclose...

“Quess Corp is acquiring majority stake in Chennai-headquartered business solutions provider and listed enterprise Allsec Technologies in a transaction worth around Rs 270 crore. The deal, undertaken through Quess’ subsidiary Conneqt Business Solutions, will see Conneqt purchasing 35.35% holding fro...

J Sagar Associates (JSA) has hired Rishabh Gupta as a retained partner in its private equity, corporate and securities practices.

It is well known that nearly every Supreme Court case is in want of an advocate-on-record (AOR), and several lawyers and law firms have made this a core part of their Supreme Court practice. After analysing more than 120,000 of the Supreme Court’s daily orders from 2018, we have now compiled a list of the busiest advocate-on-record (AOR) firms in the apex court, according to the number of orders mentioning their names.

The Oman India Joint Investment Fund has proposed acquiring shares of PnB Metlife India Insurance Company Limited (“PNB Metlife”) from The J&K Bank Limited. Oman India Joint Investment Fund is a private equity firm being a joint venture of Oman’s State General Reserve Fund and State Bank of Ind...

Prestige Estates Projects Limited, a company listed on the Bombay Stock Exchange, acquired Babji Realtors Private Limited, by its wholly owned subsidiary, Prestige Retail Ventures Limited (“PRVL”). Babji Realtors is in the business of real estate development and owns the ‘Forum Sujana Mall’ in Hyder...

Private equity player HIG Capital has invested in US-headquartered company Medusind, which provides revenue cycle management services (including billing, coding, collections, payment posting and eligibility verification) to healthcare providers, health plans or other healthcare players, third party ...

“Suryoday Small Finance Bank raises fresh funding from new and existing investors: Mumbai-based Suryoday Small Finance Bank Ltd on Wednesday said it has raised Rs 248 crore ($35.8 million) from three promoters and a clutch of existing and two new investors,” reported VCCircle . J Sagar Associates (J...

Baring Private Equity Asia has acquired for $700m (around Rs 4800 crores), IT and ITES provider NIIT Technologies from NIIT Limited and its founders, at Rs 1394 per share, followed by a mandatory open offer for 26 per cent shares of NIIT Technologies, according to reports . J Sagar Associates (JSA) ...

J Sagar Associates (JSA) has announced the promotion of 12 of its lawyers to associate partner level.

Samvad Partners has hired ex J Sagar Associates (JSA) Mumbai partner Srabonee Roy as a partner in its Mumbai office.

“Samara buys majority in skin-care brand Nature’s Essence: Established in 1998, NEPL is among the leaders in the skin-whitening market, competing with companies such as Dabur, VLCC and Patanjali,” reported The Economic Times , about the deal by way of subscription and transfer of equity shares of NE...

“Aspire Systems, a Chennai-based global technology services provider, has acquired UAE-based Oracle Fusion Cloud specialist iApps, and the Oracle business unit of Bengaluru-based Valforma Technology Services, a provider of SMAC (Social, Mobile, Analytics and Cloud) solutions,” reported the Times of ...

“Non-banking financial company Northern Arc Capital Ltd said on Tuesday that it has secured a fresh investment of Rs 910 crore (around $130 million) from a clutch of institutional investors,” reported VCCircle . Investors include IIFL Special Opportunities Fund and its Series managed by IIFL Asset M...

“Realty developer Shriram Properties has entered into partnership with Kotak India Affordable Housing Fund-I (KIAHF) for development of next phase of its affordable housing project Shriram Grand 2, as part of Shriram Grand City at Uttarpara in Kolkata,” reported the Economic Times . Kanga & Co ...

At least seven law firms advised on the giant deal. “With the shared mobility concept gaining traction in India and other markets, South Korean automobile manufacturer Hyundai Motor Group on Tuesday announced an investment of $300 million in India’s biggest cab aggregator Ola Cabs, as part of a stra...