Software as a service (SaaS) platform LeadSquared has raised $32 million in a Series-B funding round led by Gaja Capital. Existing investors, Stakeboat Capital and Jyoti Bansal also participated in the round, the largest for the company, demonstrating its strong growth trajectory. — Mint L&L Pa...

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...

Security and Intelligence Services India has signed definitive agreements to acquire initially 80 per cent shareholding in Rare Hospitality and Services Private Limited. The acquisition would help the company increase its market share in facilities management services, and also increase its presence...

Payments startup Pine Labs has acquired Amazon-backed Qwikcilver, a gift card technology startup for $110 million, it said in a statement Tuesday. — Mint MD&T Partners advised Qwikcilver Solutions Private Limited led by a team of partners Mahesh Devaiah , PV Sandhya , senior associate Sridip Su...

Security services provider Security and Intelligence Services (SIS) on Monday announced the acquisition of majority stake of Bengaluru-based Uniq Detective and Security Services. — Business Standard MD&T Partners advised Security And Intelligence Services India Ltd led by a team of partner PV S...

Through its subsidiary SIS Group International Holdings, Security & Intelligence Services India announced that its subsidiary, SIS Group International Holdings, on 25 January 2019 has signed definitive agreements to acquire initially 60% shareholding in Henderson Security Services and Henderson...

“Security & Intelligence Services India announced a strategic partnership with SLV Security Services (SLV), headquartered in Gurgaon, whereby it would take a 51% stake in SLV,” reported Business Standard . Shardul Amarchand Mangaldas & Co advised SLV Security Services Private Limited and i...

“Engineering company Greaves Cotton Ltd said on Wednesday it has signed definitive agreements to acquire a majority stake in electric two-wheeler maker Ampere Vehicles Pvt. Ltd. Mumbai-headquartered Greaves Cotton will initially acquire 67% of Coimbatore-based Ampere for Rs 77 crore. It may buy another 13% for Rs 75.5 crore after three years, it said in a stock-exchange filing.” reported VCCircle.

“Co-working space startup IndiQube, operated by Innovent Spaces Pvt. Ltd, on Monday said it has raised $15 million (close to Rs 100 crore) in a Series A round from WestBridge Capital Partners, a public markets-focused private equity firm. The round also saw participation from Ashish Gupta, co-founder of venture capital firm Helion Ventures, who serves on the advisory board of the company,” reported VCCircle.

Bangalore law firm MD&T Partners merged with litigation firm Equitas Legal on 1 October, to form a six-partner, 17 lawyer firm in the city.

Amarchand on Fortis mammoth internal restructuring, and Alfa Laval delisting; Desai & Diwanji and Seth Dua on two related private equity injections; Khaitan & Co gets close to Raiffeisen; JSA helps Naukri owner expand online reach to Zomato and beyond; MDP gets Cox & Kings out of Maharaja Express pickle for now; JSA and MD&T Partners get Indians to make hoses with Spaniards.

J Sagar Associates (JSA) advised US spice-manufacturer McCormick and Company in its acquisition of a 26 per cent stake in Keralan curry ingredient maker Eastern Condiments for $35m (Rs 162 crores), which was advised by Bangalore firm MD&T Partners with Economic Laws Practice (ELP) Mumbai representing the main selling shareholder.