K Law
The seven K Law partners whom we reported last month to have been negotiating their exits, have jointly started law firm Anoma Legal Advocates, with offices in Mumbai, Delhi and Bangalore.
K Law will be losing five of its partners in Mumbai, and one partner each in Delhi and Bangalore.
K Law partner and Mumbai-based litigation head Karthik Somasundram has joined Bharucha & Partners in Mumbai today, growing its litigation practice to seven partners.
Luthra & Luthra managing associate Abhishek Singh has joined K Law in Delhi as partner in its litigation practice.
Khaitan & Co Delhi principal associate Arjun Rajgopal joined K Law in Bangalore as corporate partner last month.
Mumbai-based online lending startup Kissht, operated by OnEMi Technology Solutions has raised Rs 67 crore (USD 10 million) led by China’s Fosun International along with existing investors, venture capital firm Endiya Partners and early-stage investor Ventureast, as reported by VC Circle.
Chemicals company BASF India has sold its leather chemicals business to Stahl India Private Limited for Rs. 197.63 crores (USD 30.35 million) through a slump sale, as reported by Livemint and Business Standard.
K Law partner Abhishek Shinde has joined AZB & Partners as a corporate partner in Delhi, reported Bar & Bench.
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.
"Green Visor Capital announces follow-on investments in Flutterwave and Simpl, two emerging payments companies targeting commerce in Africa and India, respectively," according to News Wire.
K Law has hired Kumar Abhishek Singh from Mumbai-based chambers Venky’s Chambers as an partner dealing with shipping, oil and gas, international trade and the defense of economic crimes.
K Law has hired HSA Advocates associate partner Nilesh Chandra as a partner in its Delhi banking and project finance practice.
Link Legal India Law Services has re-hired Milind Jha as associate partner in Delhi after he’d spent two years at K Law, most recently as an associate partner.
K Law has promoted three to various partner levels in Mumbai and Bangalore, according to a press release from the firm.
“Bangalore-based Catbus Infolabs Pvt. Ltd, which operates intra-city logistics startup Blowhorn, has raised Rs 25 crore ($3.65 million) in Series A funding from IDG Ventures India, Michael & Susan Dell Foundation, and existing investors Draper Associates and Unitus Seed Fund, it said in a statement,” reported Techcircle. “Blowhorn, whose tech-enabled platform connects customers with mini truck owners for intra-city, sub 2-tonne deliveries, will use the funds to expand operations to eight cities over the next two years.”
Thermal Energy Solutions Pvt Ltd (TESSOL), a company engaged in providing next-generation clean technology cold chain solutions, has raised an undisclosed amount from Infuse Ventures and Ankur Capital. TESSOL, founded by Mr. Rajat Gupta, had raised seed investment from Infuse Ventures in 2014.
"American Express Ventures, the corporate venture investment arm of American Express Co, has led a $4m (Rs 26.6 crore) funding round in fintech startup IndiaLends, its second transaction in the country in as many months,” reported the Economic Times.