K Law
“Hero MotoCorp, India’s largest two-wheeler manufacturer, is investing up to Rs 205 crore in electric automotive startup Ather Energy for a 26-30% stake in one of the biggest deals in the nascent sector. Ather has received Rs 180 crore of the total investment with the rest due to be released in tranches. The deal values the three-year-old company at Rs 680 - Rs 790 crore.” reported The Economic Times.
India-based language service provider Mayflower Language Services has entered into a joint venture with Polish language services provider Summa Linguae, which will see both companies take 25% minority stakes in each other. to “generate cost and revenue synergies” and “expand their existing range of services in new language pairs” to “cater to clients with more complex needs and higher expectations”, according to a company press release.
K Law has hired Cyril Amarchand Mangaldas Delhi senior associate Sharad Joshi as an associate partner in Mumbai.
K Law has hired as Delhi partners Abhishek Shinde and Atish Kumar Vatts, the two co-founding partners of Citius Law Partners, who did not join HSA Advocates in Bangalore with fellow co-founder Sharath Chandrasekhar in June.
K Law Delhi partner Gautham Srinivas will join Khaitan & Co in Delhi as a capital markets partner.
Nishith Desai Associates Mumbai acted for Tiger Global and DST Global, which invested $30m (Rs 200 crore) in a series C round in home rental company NestAway, which was advised by K Law.
K Law acted for Capital Float, the online lending platform for small and medium-sized enterprises (SMEs), in its $25m (Rs 170 crores) fundraising round led by Creation Investments, which was advised by J Sagar Associates (JSA) Delhi partner Lalit Kumar along with senior associate Bharti Joshi.
Infrastructure Leasing and Financial Services (ILFS) group general counsel Pradeep Ratnam will be joining K Law as senior partner in Delhi.
Ajay Sawhney, outgoing project finance partner at K Law, having joined from Link Legal a year earlier, will join Cyril Amarchand Mangaldas in Delhi by 1 June.
K Law partner Ajay Sawhney, who had joined only a year ago from Link Legal, is leaving the firm
Link Legal partners Ajay Sawhney and Gautham Srinivas and their team of associates will be joining Krishnamurthy and Co with their team, according to three authoritative sources.
Krishnamurthy & Co (K Law) has promoted five associate partners to partners, effective from 1 April, doubling the number of partners at the firm to 10.
J Sagar Associates (JSA) advised Reliance Infra on its Rs 819 crore ($130m) acquisition of 18 per cent stake in Pipavav Defence and Offshore Engineering which was advised by K Law and Crawford Bayley.
Krishnamurthy & Co (K Law) has promoted Gaurav Shrawat in Mumbai to associate partner in its corporate practice.
J Sagar Associates (JSA) Bangalore has bagged the mandate for global e-auction giant eBay, which took a $133.7m stake in Indian online marketplace Snapdeal, advised by IndusLaw.
Krishnamurthy & Co hopes to attract more UK and European clients from London.
K Law has hired Anisha Patnaik, who was formerly a director at seed stage investment fund First Light Accelerator as a partner in Mumbai in its funds practice, according to legal website Bar & Bench.
She was previously legal counsel at Acumen Fund, before which she was the first female lawyer to have been promoted at Thakker & Thakker to salaried partnership, as reported by Legally India in 2009.
Thakker & Thakker closed in 2010, with its founder Bijesh Thakker wanting to focus on philanthropic projects.
Khaitan & Co had picked up a number of lawyers from firm after it closed.
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