Samvad Partners

Samvad Partners has promoted corporate senior associate Junaira Rahman to partner in Delhi, according to the firm, growing its total partnership to 14 (with 75 fee-earners)

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

“Japan’s NTT Data buys 55% stake in Atom Tech for $9 million: Atom Technologies is a payments services firm owned by 63 Moons Technologies, formerly known as FTIL that was founded by Jignesh Shah,” reported Mint.

“Alibaba’s payment affiliate Ant Financial has pumped in another $210 million in restaurant discovery and food-delivery platform Zomato, as the company ramps of spending for its market leadership battle against rival Swiggy,” reported the Economic Times, about the unicorn’s Series I round of fundraising.

Samvad Partners Mumbai corporate partner Sudipta Routh has joined IndusLaw as a partner.

“Bonfleet Solutions Pvt. Ltd, which runs fintech startup Bon, has raised a seed round of funding led by impact investment firm Omidyar Network. The company has received Rs 7.8 crore ($1.03 million) from investors that also include early-stage investment firm Axilor Ventures and Better Capital’s AngelList India Syndicate,” reported VC Circle.

Gurgaon-headquartered online travel marketplace, TravelTriangle has raised around Rs 78 crores ($12m) in a Series C round of funding led by Nandan Nilekani and Sanjeev Aggarwal backed growth-capital fund, Fundamentum, along with existing investors SAIF Partners, Bessemer Venture Partners, RB investments and a clutch of angel investors, as reported by The Economic Times and Money Control. The deal marks the first investment by Fundamentum, and with this. partner at Fundamentum, Ashish Kumar will join the TravelTriangle board.

“Office commute automation platform MoveInSync has raised $8 million (Rs 52 crore) in a Series B round of funding led by homegrown venture capital firm Nexus Venture Partners, a company statement said.”, reported VC Circle. The funding also saw participation from the existing investors Inventus Capital Partners, Saama Capital and Qualcomm Ventures.

Samvad Partners has promoted counsel Aparna Ravi in Bangalore and Khyati Sanghvi in Mumbai to partner, increasing its partnership strength to 14.