Clove Legal
Japan’s Mitsubishi Chemical Corporation will buy the PVC compound business of Mumbai’s Welset Plast Extrusions, which is engaged in master batch (including PVC master batch) and PVC compound businesses. The transaction will complete in autumn of this year, according to Mitsubishi’s press release.
Mswipe Technologies Private Limited, a mobile point of sale (POS) service provider, is to acquire the offline merchant-acquisition point-of-sale (POS) vertical business of PayU Payments Private Limited, as reported by Medianama and others.
"EcoCentric Management Pvt Ltd (ECMPL), a Mumbai-based e-waste management firm, has raised its first round of growth capital from a couple of high net worth individuals (HNIs). The funding will be utilized to increase capacity and expand its reach pan-India,” reported Enablers Investment.
Clove Legal advised Indian equipment rental company Rent Alpha on investment in it by Hong Kong based investor Bravia Capital which was advised by Khaitan & Co.
Clove Legal advised queue management app Sminq on raising $1m from various venture funds led by Saama Capital and Blume Ventures. Saama was advised by Samvad.