Sahai & Co., CAM act on Bessemer’s 165 crore investment in UrbanClap
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...
View ArticleDesai Diwanji, Platinum, AZB, SAM act on CX Partners acquisition of stake in...
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....
View ArticleAZB, ELP, Khaitan, Trilegal, Jones Day, Clifford on Goldman’s 441 crore...
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...
View ArticleNDA, Khaitan act on CX Partners 400 crore investment in NSPIRA
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....
View ArticleBMR, Khaitan, Cuatrecasas act on Minda Group’s acquisition of Rinder’s...
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,...
View ArticleTrilegal advises on CLP India, Suzlon Energy joint venture
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...
View ArticleSAM, Trilegal act on IFC’s 134 crore investment in Future Consumer Enterprises
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...
View ArticleVertices Partners, CAM help Five Star Business Credits raise 114 crore from...
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...
View ArticleTrilegal, CAM act on Prism Cements sale of 23% stake in Raheja QBE General...
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...
View ArticleSAM, Nishith Desai act on TPG’s acquisition of majority stake in Rhea...
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...
View ArticleFlipkart-owned Myntra goes shopping for Jabong; Khaitan, BMR on $70 million...
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...
View ArticleSAM, Luthra, Dechert on Fidelity’s 257 crore investment in PC Jeweller
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...
View ArticleBMR, AZB, Khaitan advise on 100 crore NephroPlus fund raise
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...
View ArticleELP, Khaitan on Ambit Pragma’s $10m investment in Vidal Healthcare
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...
View ArticlePDS Legal, NDA on Motilal Oswal’s 110 crore investment in Dairy Classic Ice...
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...
View ArticleTrilegal, Bharucha on Reliance’s 80 crore investment in Square Yards
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....
View ArticleLuthra, CAM on Essel acquisition of two KNR-Patel Engineering projects for...
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...
View ArticlePDS Legal, IndusLaw on SAIF, Accion 70 crore investment in Aye Finance
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...
View ArticleLink Legal, Nishith Desai on Lightspeed’s $10 million investment in Udaan
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)...
View ArticleK Law, JSA on Hero MotoCorp acquisition of 30% stake in Ather Energy for 200...
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...
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