Quantcast
Channel: 50-500cr – Bar & Bench
Viewing all 21 articles
Browse latest View live

Sahai & Co., CAM act on Bessemer’s 165 crore investment in UrbanClap

$
0
0

Online services marketplace UrbanClap has raised a further Rs. 165 crore ($25 million) in funding from Bessemer Venture Partners. This transaction is the third successful deal for UrbanClap in the span of a year. The previous two rounds of funding raised a capital of Rs. 10 crore and Rs. 63 crore respectively, primarily from SAIF Partners and Accel India, along with Snapdeal and OLX. Sahai & Co. advised UrbanClap on all three transactions, through Founding Partner Savyasachi Sahai. A team from Cyril Amarchand Mangaldas comprising Partner Akshay Bhatt, Senior Associate Suvojit Halder and Associate Avani Verma acted for Bessemer, SAIF […]

The post Sahai & Co., CAM act on Bessemer’s 165 crore investment in UrbanClap
appeared first on Bar & Bench.


Desai Diwanji, Platinum, AZB, SAM act on CX Partners acquisition of stake in Mrs Bector’s Food

$
0
0

Private equity funds CX Partners and Gateway Partners have acquired a significant minority stake in Mrs Bector’s Food Specialities Ltd. from Ajay Bector Group and Motilal Oswal Private Equity. According to media reports, the PE funds have invested around Rs. 450 crore ($67.5 million) to acquire a 47% stake. Platinum Partners advised CX Partners with a team led by Partner Ankit Majmudar, along with Senior Associate Yamini Dwarakanath and Associate Jagriti Mohata. AZB & Partners advised Gateway Partners with a team led by Partner Sachin Mehta, along with Vinit Nalavadi. Desai & Diwanji advised Ajay Bector and family members on […]

The post Desai Diwanji, Platinum, AZB, SAM act on CX Partners acquisition of stake in Mrs Bector’s Food
appeared first on Bar & Bench.

AZB, ELP, Khaitan, Trilegal, Jones Day, Clifford on Goldman’s 441 crore investment in SAMHI Hotels

$
0
0

Goldman Sachs has picked up a significant ‘minority stake’ in hotel development and investment start-up SAMHI Hotels for Rs. 441 crore to help fund its growth plans. AZB & Partners acted as domestic legal counsel for Goldman Sachs and Clifford Chance, Hong Kong were the foreign legal advisors. The AZB team included Mumbai Partners Nilanjana Singh and Rinki Ganguly and Associate Vijay Manjrekar. The Clifford Chance team was led by Partner Neeraj Budhwani along with Cheris Wong and John Koshy. Economic Laws Practice acted as domestic legal counsel for SAMHI Hotels while the Singapore office of Jones Day acted as […]

The post AZB, ELP, Khaitan, Trilegal, Jones Day, Clifford on Goldman’s 441 crore investment in SAMHI Hotels
appeared first on Bar & Bench.

NDA, Khaitan act on CX Partners 400 crore investment in NSPIRA

$
0
0

CX Partners Mezzanine has invested Rs. 400 crore ($60 million) in NSPIRA, an Indian management service provider. Khaitan & Co acted for CX Partners with a team led by Delhi Partner Ashwin Bishnoi. Nishith Desai Associate acted for NSPIRA, which currently employs about 11,000 people in the country. The NDA team included Partners Vivek Kathpalia and Nishchal Joshipura along with  Senior Associate Aarushi Jain and Associate Nikhil Joseph. NSPIRA offers customized services to organizations that aim for professional excellence. This is a landmark transaction in the education management services space, as reported in ET.

The post NDA, Khaitan act on CX Partners 400 crore investment in NSPIRA
appeared first on Bar & Bench.

BMR, Khaitan, Cuatrecasas act on Minda Group’s acquisition of Rinder’s lighting business

$
0
0

Indian auto component manufacturer Minda Industries Limited has acquired the global lighting business of Spain-based Rinder Group for 20 million euro (around 150 crore). BMR Legal advised Minda, through a team comprising Partner Amit Khansaheb, Managing Associate Abhishek Dubey, Senior Associate Rahul Chugh and Associates Minal Madan and Nikita Arora. Khaitan & Co acted as Indian counsel for Rinder. The team included Associate Partner Surbhi Kejriwal, Senior Associate Kaushik Rajan and Associate Abhinav Bhatia. Spanish firm Cuatrecasas Goncalves Pereira acted as international counsel for Rinder. The lawyers involved were Partners Inge Zubiaur Mirantes and Iñaki Irigoyen and Associate Leire Aguirre […]

The post BMR, Khaitan, Cuatrecasas act on Minda Group’s acquisition of Rinder’s lighting business
appeared first on Bar & Bench.

Trilegal advises on CLP India, Suzlon Energy joint venture

$
0
0

CLP India, one of the largest foreign investors in the Indian power sector, has entered into a joint venture with Suzlon Energy Limited to develop a 100 MW solar project at Veltoor, Telangana. Trilegal advised CLP, through a team comprising Partners Neeraj Menon and Delano Furtado, Counsel Amar Narula and Naresh Pareek, and Associates Astha Srivastava and Gavin Pereira. Suzlon was advised by its in-house team. CLP acquired a 49% stake in SE Solar Limited, an SPV set up by Suzlon. CLP has the option to acquire the remaining 51% stake in the future. The project is expected to be commissioned by May […]

The post Trilegal advises on CLP India, Suzlon Energy joint venture
appeared first on Bar & Bench.

SAM, Trilegal act on IFC’s 134 crore investment in Future Consumer Enterprises

$
0
0

International Finance Corporation (IFC) has invested Rs. 134 crore in FMCG manufacturer Future Consumer Enterprises Limited (FCEL). Shardul Amarchand Mangaldas advised FCEL on the transaction. The team was led by Partner Kalpataru Tripathy and also included Senior Associate Aditya Mehra and Associate Roma Das. Trilegal, led by Partners Ravindra Bandhakavi and Vaibhav Kothari, were the advisors for IFC. The other team members include Counsel Moksha Bhat, Senior Associate Pooja Singhania, and Associates Adhideb Bhattacharya, Srishti Goyal and Antara Priya. Earlier this year, Shardul Amarchand Mangaldas had also advised on the Rs. 300 crore investment in FCEL, by Black River Food.

The post SAM, Trilegal act on IFC’s 134 crore investment in Future Consumer Enterprises
appeared first on Bar & Bench.

Vertices Partners, CAM help Five Star Business Credits raise 114 crore from Morgan Stanley PE

$
0
0

Five Star Business Credits, which provides loans to micro entrepreneurs, has raised fresh funding of Rs. 114 crore from investment firm Morgan Stanley Private Equity Asia. Vertices Partners, set up by 3 ELP lawyers in March this year, advised Five Star Business Credits with a team led by Partners Vinayak Burman and Archana Khosla, along with Associate Tanvi Pande. Cyril Amarchand Mangaldas acted for Morgan Stanley PE with a team led by Partner Nivedita Tiwari, along with Senior Associate Shivani Kabra and Associates Aditya Dayal and Vartika Mishra. The existing investor Matrix Partner was advised by its in-house team. Five Star plans […]

The post Vertices Partners, CAM help Five Star Business Credits raise 114 crore from Morgan Stanley PE
appeared first on Bar & Bench.


Trilegal, CAM act on Prism Cements sale of 23% stake in Raheja QBE General Insurance to QBE

$
0
0

After the recent liberalisation of foreign investment in the insurance sector, Prism Cement Limited has sold 23% out of its 74% stake in Raheja QBE General Insurance Company Limited to QBE Asia Pacific Holdings Limited. The transaction was valued at more than 21 million Australian Dollars. Trilegal advised Prism Cements on the transaction, whereas Cyril Amarchand Mangaldas acted for QBE. The Trilegal team was led by Partner Ashwyn Misra, along with Counsel Shamin Shah, Senior Associates Saswat Subasit and Gautam Chawla (Competition Law) and Associate Jeet Chaudhuri. The team from Cyril Amarchand was led by Partner Leena Chacko, Principal Associate Tirthankar […]

The post Trilegal, CAM act on Prism Cements sale of 23% stake in Raheja QBE General Insurance to QBE
appeared first on Bar & Bench.

SAM, Nishith Desai act on TPG’s acquisition of majority stake in Rhea Healthcare

$
0
0

TPG has acquired a majority stake in Rhea Healthcare for a value of around $35 million. Shardul Amarchand Mangaldas advised TPG on the transaction. The Private Equity team was led by Partner Iqbal Khan, and included Senior Associate Shahin Umani and Associates Ranjini Ramesh and Tanavi Mohanty. The Tax counsels to the transaction were Partner Abhay Sharma and Principal Associate Oscar D’Sa. The Real Estate counsels to the transaction were Partner Ashoo Gupta and Principal Associate – Designate Daryush Marfatia. The Intellectual Property counsels to the transaction were Partner Dev Robinson and Associate Madhur Chopra. The Litigation counsels to the […]

The post SAM, Nishith Desai act on TPG’s acquisition of majority stake in Rhea Healthcare
appeared first on Bar & Bench.

Flipkart-owned Myntra goes shopping for Jabong; Khaitan, BMR on $70 million deal

$
0
0

Indian e-commerce giant Flipkart has acquired another fashion retail website, beating competitors Snapdeal to the chase. Myntra, owned by Flipkart, has acquired Jabong for $70 million from Global Fashion Group. Khaitan & Co acted for Flipkart, through a team led by Partner Ganesh Prasad and including Senior Associate Rohith Rajendran and Associate H Muralikrishnan. BMR Legal represented Global Fashion Group, which previously owned Jabong. The team was led by Partner Amit Khansaheb and included Principal Vishruta Kaul and Senior Associate Deep Jain. According to Livemint, the sale marks one of the most dramatic declines in India’s online retail business. At […]

The post Flipkart-owned Myntra goes shopping for Jabong; Khaitan, BMR on $70 million deal
appeared first on Bar & Bench.

SAM, Luthra, Dechert on Fidelity’s 257 crore investment in PC Jeweller

$
0
0

US-based investment firm Fidelity has invested Rs. 257 crore in jewellery retail company PC Jeweller. Shardul Amarchand Mangaldas advised PC Jeweller through a team led by Partner Prashant Gupta and also included Principal Associate Apurva Rai. Luthra & Luthra was the legal counsel for Fidelity; the team was led by Partner Dipti Lavya Swain. Dechert LLP acted as international legal counsel for Fidelity. PC Jeweller is one of the established players in the organized jewellery retail sector in India with 63 showrooms across 52 cities and 18 states. Earlier, the national capital-based firm had raised Rs 427 crore from DVI […]

The post SAM, Luthra, Dechert on Fidelity’s 257 crore investment in PC Jeweller
appeared first on Bar & Bench.

BMR, AZB, Khaitan advise on 100 crore NephroPlus fund raise

$
0
0

Dialysis provider NephroPlus has raised 100 crore from SeaLink Capital Partners and existing investor International Finance Corporation in a round of Series C funding. BMR Legal acted for the promotors of NephroPlus, through a team led by Partner Amit Khansaheb, along with Principal Nikhil Sachdeva, Senior Associate Rahul Chugh and Associate Mayank Malhotra. AZB & Partners in Mumbai advised SeaLink, through Partner Ashwin Ramanathan, Senior Associate Meghal Mehta and Associate Gaurav Rohra. The Delhi office of AZB acted for IFC, through Partner Gautam Saha and Senior Associate Dushyant Bagga. According to Business Standard, NephroPlus had earlier received funding of 60 […]

The post BMR, AZB, Khaitan advise on 100 crore NephroPlus fund raise
appeared first on Bar & Bench.

ELP, Khaitan on Ambit Pragma’s $10m investment in Vidal Healthcare

$
0
0

Mid-market private equity firm Ambit Pragma Ventures has invested $10 million in health management company Vidal Healthcare Services. Deal Ambit Pragma Ventures invests in Vidal Healthcare Services Value $10 million Deal Type Private Equity Sector Insurance and third party administration Law Firms ELP – Ambit Pragma  Khaitan & Co – Vidal Healthcare Partners Darshan Upadhyay  (ELP), Ganesh Prasad (Khaitan) Economic Laws Practice acted for Ambit Pragma Ventures with a team led by Partner Darshan Upadhyay along with Senior Associate Amruta Kelkar, Associate Manager Pooja Chatterjee and Associates Sophia Mustafa and Alysha Razvi. Khaitan & Co advised Vidal Healthcare with a team led […]

The post ELP, Khaitan on Ambit Pragma’s $10m investment in Vidal Healthcare
appeared first on Bar & Bench.

PDS Legal, NDA on Motilal Oswal’s 110 crore investment in Dairy Classic Ice Creams

$
0
0

The Private Equity wing of Motilal Oswal has agreed to invest Rs. 110 crore to buy a significant minority stake in Bengaluru-based Dairy Classic Ice Creams. Deal Motilal Oswal invest 110 crore in Dairy Classic Value 110 crore ($16 million) Deal Type PE Sector FMCGs Law Firms PDS Legal – Dairy Classic; Nishith Desai Associates – Motilal Oswal Partners/Heads PDS Legal – Vihang Virkar; Nishith Desai Associates – Ruchir Sinha PDS Legal acted for Dairy Classic Ice Creams with a team led by Partner Vihang Virkar, Executive Director Monika Deshmukh, Senior Associate Shailesh Ayachit and Associate Akhil Shri Shri Mal. Nishith Desai Associates advised Motilal Oswal […]

The post PDS Legal, NDA on Motilal Oswal’s 110 crore investment in Dairy Classic Ice Creams
appeared first on Bar & Bench.


Trilegal, Bharucha on Reliance’s 80 crore investment in Square Yards

$
0
0

Anil Ambani led Reliance Group has invested around Rs. 80 crore ($12 million) in Square Yards, an online-to-offline (O2O) technology-enabled transaction and aggregation platform for global real estate. Deal Reliance Group invests in Square Yards Value Around 80 crore ($12 million) Deal Type Private Equity Sector Real Estate Law Firms Trilegal – Square Yards; Bharucha & Partners – Reliance Partners/Heads Trilegal – Kunal Chandra; Bharucha & Partners – Vandana Pai Bharucha Trilegal advised Square Yards and the team was led by Partner Kunal Chandra and supported by Counsel Anjali Menon and associate Aditi Jain. Bharucha & Partners represented Reliance through a team led by Partner Vandana Pai […]

The post Trilegal, Bharucha on Reliance’s 80 crore investment in Square Yards
appeared first on Bar & Bench.

Luthra, CAM on Essel acquisition of two KNR-Patel Engineering projects for 850 crore

$
0
0

Essel Group will acquire two road projects from a joint venture between Hyderabad-based KNR Constructions and Patel Engineering for an enterprise value of Rs 850 crore. Deal Essel acquires two road projects from KNR-Patel Engineering Value Rs. 850 crore Deal Type M&A Sector Infrastructure Law Firms Luthra & Luthra – Essel Group; Cyril Amarchand Mangaldas – KNR, Patel Engineering Partners/Heads Luthra & Luthra – Bikash Jhawar and Aditya Periwal; Cyril Amarchand Mangaldas – Ajay Sawhney The two projects – Patel KNR Infrastructures Limited (PKIL) and Patel KNR Heavy Infrastructures Limited (PKHIL) – are operating annuity based National Highways awarded by National Highways Authority of […]

The post Luthra, CAM on Essel acquisition of two KNR-Patel Engineering projects for 850 crore
appeared first on Bar & Bench.

PDS Legal, IndusLaw on SAIF, Accion 70 crore investment in Aye Finance

$
0
0

Non-banking finance company Aye Finance Private Limited has raised Rs. 70 crore from investors SAIF Partners, Accion and LGT Venture. Deal Aye Finance raises funding from SAIF Partners, Accion and LGT Venture. Value 70 crore Deal Type Private Equity Sector Finance Law Firms PDS Legal – Aye Finance; IndusLaw – SAIF Partners, Accion and LGT Venture Partners/Heads PDS Legal – Probal Bhaduri; IndusLaw – Suneeth Katarki PDS Legal advised Aye Finance through a team led by Partner Probal Bhaduri and also comprising Principal Associate Nidhi Arora and Associate Shilpa Margaret Ekka. IndusLaw acted for the investors; the team consisted of  Partner Suneeth Katarki, Principal Associate […]

The post PDS Legal, IndusLaw on SAIF, Accion 70 crore investment in Aye Finance
appeared first on Bar & Bench.

Link Legal, Nishith Desai on Lightspeed’s $10 million investment in Udaan

$
0
0

Lightspeed Venture Partners has invested $10 million (around Rs. 68 crore) in B2B online marketplace Udaan.com. Deal Lightspeed Venture Partners invests in Udaan.com Value $10 million (around 68 crore) Deal Type Private Equity Sector E-commerce Law Firms Link Legal – Lightspeed Venture Partners; Nishith Desai Associates– Udaan.com Partners/Heads Link Legal – Manish Gupta; Nishith Desai – Vaibhav Parikh Link Legal India Law Services advised Lightspeed through a team led by Partner Manish Gupta and also comprising Associates Suraj Meher, Ashish Ahluwalia and Abhishek Dwivedi. Nishith Desai Associates acted for Udaan, through Partner Vaibhav Parikh and Associate Poonam Sharma. Udaan was founded by three former top executives of […]

The post Link Legal, Nishith Desai on Lightspeed’s $10 million investment in Udaan
appeared first on Bar & Bench.

K Law, JSA on Hero MotoCorp acquisition of 30% stake in Ather Energy for 200 crore

$
0
0

Hero MotoCorp has acquired a 30% stake in electric automotive maker Ather Energy Private Limited for around Rs. 200 crore. Deal Hero MotoCorp acquires 30% stake in Ather Energy Value 200 crore ($30 million) Deal Type M&A Sector Automobile Manufacturing Law Firms K Law – Ather Energy; JSA– Hero MotoCorp Partners/Heads K Law – Abhinav Singh; JSA – Venkatesh Raman Prasad Krishnamurthy & Co (K Law) advised Ather Energy on the deal, through team led by Parnter Abhinav Singh, along with Senior Associate Puneet Parihar and Associates Shria Soundararajan and Unnita Bhattacharya. J Sagar Associates acted for Hero MotoCorp, through a team led by Partner Venkatesh Raman […]

The post K Law, JSA on Hero MotoCorp acquisition of 30% stake in Ather Energy for 200 crore
appeared first on Bar & Bench.

Viewing all 21 articles
Browse latest View live