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Legal Era

From Legal Era
Udaan raises $50 million from Lightspeed, Yuri Milner
In a fresh round of funding led by existing investor Lightspeed Venture Partners US, Udaan, an online marketplace for businesses raised $50 million as it seeks to accelerate expansion.Founded by three...
The New Insolvency Regime
The Insolvency & Bankruptcy Code, 2016 and enactments to it, plus rulings of the NCLT, NCLAT, and finally the SC have brought forth a new set of precedents. Read on to know...A year since it was...
Khazanah buys minority stake in Dubai's education group GEMS Menasa
Dubai-based GEMS Education said that Malaysia’s sovereign wealth fund, Khazanah Nasional Berhad, has acquired a 3% stake in the firm—which is the world’s largest operator of K-12 schools. GEMS...
DSK Legal advises Bharat Forge on 45% stake acquisition in TORK Motors
Auto components major Bharat Forge said it will make a strategic investment of up to Rs 30 crore to acquire 45 per cent stake in Pune-based electric vehicle (EV) startup TORK Motors."The investment...
Indiabulls' PE arm and InterGlobe tie up to acquire commercial building
Indiabulls Asset Management Company's private equity arm has acquired an entire commercial building with fully leased 2.35 lakh sq ft office space on NH-8 in Gurgaon for about Rs 200cr from the...
GroupM set to acquire majority stake in Indian digital creative agency The Glitch
WPP Plc.’s media investment arm GroupM is to acquire a majority stake in Mumbai-based creative agency Glitch Media Pvt. Ltd and said that Glitch will continue to operate as an independent brand...
Lendingkart raises Rs565 crore from Fullerton Financial Holdings
On February 12, FinTech company Lendingkart Technologies raised over Rs 565 crore ($87 million) of equity funding in its Series C.The round was led by Singapore's Fullerton Financial Holdings Pte Ltd,...
$3-billion platform set up by NIIF, DP World
On January 22, India’s first sovereign wealth fund, the National Investment and Infrastructure Fund (NIIF) and Dubai-based ports operator DP World Pvt. Ltd, declared the creation of an investment...
Aviom Housing Finance raises Rs 15 crore in Series-A funding
Aviom India Housing Finance, the Delhi-based company has raised Rs 15 crore through a primary infusion from Insitor Impact Asia Fund in its Series-A round of funding. "Affordable housing is a critical...
Net Neutrality Is The Growth Engine That Internet Needs
Legal Era Magazine speaks to TRAI's Chairman RS Sharma about Net Neutrality and why it is the need of the hour for India...Legal Era (LE): Do you think that the impact of Net Neutrality on telecom...
BigBasket raises $300 million from Alibaba, others
BigBasket, a company managed by Supermarket Grocery Supplies Pvt. Ltd, said that it has raised $300 million in a Series E funding round led by Alibaba Group Holding Ltd. International Finance Corp.,...










