Induslaw advises India unicorn Mohalla Tech on $502 mln funding round

BY Aparna Sai |

IndusLaw has counselled Indian company Mohalla Tech, which owns social media platform ShareChat and short video app Mo, on its $502 million fundraising round. The funding values Mohalla Tech at $2.1 billion.

India’s JSA snaps up cap markets partner from AZB

BY Aparna Sai |

Indian law firm J. Sagar Associates (JSA) has added Niruphama Ramakrishnan as a partner in Gurugram from rival AZB & Partners.

Mumbai: Former Flipkart GC joins Pernod Ricard

BY Aparna Sai |

Bijoya Roy, formerly vice president and group general counsel at Indian e-commerce company Flipkart, has joined French alcoholic beverage producer Pernod Ricard as South Asia general counsel in Mumbai.

SAM, Khaitan act on $1 bln Indian education deal

BY Aparna Sai |

Shardul Amarchand Mangaldas has advised Indian online learning platform Byju’s on its $1 billion acquisition of Blackstone-backed Indian tutor Aakash Educational Services, which was represented by Khaitan & Co. Trilegal counselled Blackstone.

Mumbai: JSA corporate partner heads to Veritas Legal

BY Aparna Sai |

India’s Veritas Legal has hired Manav Raheja as corporate partner in Mumbai from J Sagar Associates.

Former NDA duo launch boutique in Mumbai

BY Aparna Sai |

M&A specialist Simone Reis and international tax expert Rajesh Simhan, who both left Nishith Desai Associates (NDA) after more than 12 years at the firm’s Mumbai office, have set up a boutique firm called Anagram Partners in Mumbai.

AZB acts on Wipro’s $1.45 bln acquisition of UK firm

BY Aparna Sai |

AZB & Partners has counselled Indian software giant Wipro on its $1.45 billion acquisition of UK consultancy Capco.

CAM, Sidley, Trilegal act on Godrej Properties’ $518 mln QIP

BY Aparna Sai |

Cyril Amarchand Mangaldas has advised Godrej Properties on its 37.5-billion-rupee ($518 million) qualified institutional placement (QIP), with Sidley Austin and Trilegal representing the bookrunning lead managers.

Indian boutique hires ex-cop to lead white-collar practice

BY Aparna Sai |

Lalit Maheshwari, formerly a deputy inspector of the anti-corruption bureau of the Indian state of Rajasthan, has joined law firm Capstone Legal as the head of its white-

Latham, NDA, CAM, Skadden act on ReNew’s planned $8 bln SPAC listing

BY Aparna Sai |

Latham & Watkins, Nishith Desai Associates and Cyril Amarchand Mangaldas have advised India’s ReNew Power on its planned $8 billion listing on the NASDAQ via merger with special purpose acquisition company (SPAC) RMG Acquisition, which was represented by Skadden, Arps, Slate, Meagher & Flom and Khaitan & Co.

India files appeal in $1.2 billion Cairn arbitration case

BY Reuters |

India has appealed against an order by an international tribunal to pay $1.2 billion in damages, plus other costs, to Cairn Energy in a long-running tax dispute, two sources with direct knowledge of the matter told Reuters.

SPB, Crawford, CAM, Khaitan act in $762 mln India telecom deal

BY Aparna Sai |

Squire Patton Boggs and Crawford Bayley & Co have represented India on the $762 million sale of its stake in Tata Communications (TCL), which was advised by Cyril Amarchand Mangaldas. Khaitan & Co counselled the brokers.