Veritas Legal Advises Raphe mPhibr on $100 Million Fundraise, Bolstering India’s Defense Tech Sector: Noida, India – June 30, 2025 – Raphe mPhibr Private Limited, a pioneering Indian defense-tech and aerospace company, has successfully secured a significant $100 million in a primary funding round. This substantial investment, led by prominent venture capital firm General Catalyst,…
Bengaluru, India – June 30, 2025 – In a notable development within the clean energy and investment sectors, GameChanger Law Advisors (GLA) has announced its role in representing Speciale Invest as the venture capital firm led a significant $1 million fundraise for Sthyr Energy Private Limited. This transaction underscores the increasing investor interest in innovative…
CAM Advises UGRO Capital on Profectus Capital’s Acquisiton: Mumbai, India – June 30, 2025 – UGRO Capital, a prominent data-tech platform specializing in MSME (Micro, Small, and Medium Enterprises) lending, has announced a significant strategic move with its all-cash acquisition of Profectus Capital Pvt. Ltd. from the UK-based private equity firm Actis. The deal, valued…
US Courts Deliver Mixed Rulings in Landmark AI Copyright Battles: Meta Wins Dismissal, Anthropic’s Fair Use Upheld but Piracy Claims Persist: San Francisco, CA – June 30, 2025 – In a pivotal week for the burgeoning artificial intelligence industry and the realm of intellectual property, two separate but closely watched lawsuits targeting tech giants Meta…
MT Miskita & Co Advises Adani Group on $3.2 Billion Dharavi Redevelopment Project: Mumbai, India – June 30, 2025 – The Adani Group, a prominent Indian conglomerate, is advancing with one of the nation’s most ambitious urban renewal initiatives: the Dharavi Redevelopment Project. Valued at a staggering $3.2 billion, this monumental undertaking aims to transform…
JSA Advocates, S&R Associates Advise on Oswal Pumps Limited’s Rs 1694 crore IPO: New Delhi, India – June 30, 2025 – Oswal Pumps Limited, a rapidly expanding Indian manufacturer in the pumps and electrical equipment sector, has successfully launched its Initial Public Offering (IPO), aiming to raise approximately ₹1,694 crore. This significant market debut includes…
The Karnataka High Court on Tuesday stayed trial court proceedings in a misleading advertisement case filed against Divya Pharmacy (affiliated to Patanjali Ayurved) and its co-founder-promoter Acharya Balakrishna [M/S Divya Pharmacy and anr v. State of Karnataka and anr]. Justice SR Krishna Kumar passed the interim stay order on a petition by Divya Pharmacy and…
Lenskart admits its use of Titan trademark was a mistake in Delhi High Court: Multinational eyewear company Lenskart informed the Delhi High Court recently that its use of the Titan and Fastrack trademarks and metatags was an inadvertent mistake [Titan Company Limited vs Lenskart Solutions Private Limited & Anr]. Advocate Nishchal Anand, appearing for Lenskart,…
DMD Advocates advised Indian Metals and Ferro Alloys Limited (IMFA) on its power purchase arrangement with AMPIN Energy Utility One Private Limited (AMPIN). The Firm was involved in legal due diligence, as well as drafting and negotiating the transaction documents.
Rajani Associates has acted as sole Legal Counsel to Lloyds Engineering Works and the Lead Manager, Mark Corporate Advisors Private Limited, on this rights issue. The transaction team was led by Sangeeta Lakhi (Senior Partner), with assistance from Deepansh Jain (Associate). The Firm had also advised Lloyds Engineering on their rights issue in 2024.
JSA Advocates & Solicitors has advised MUFG Bank, Ltd. and Crédit Agricole Corporate and Investment Bank in connection with rupee term loan facilities aggregating ₹817 crore, availed by Enren-II Energy Private Limited, a project company of Engie, for the development of a solar farm in Gujarat. The JSA team was led by Karan Mitroo (Partner), with support from Purvi Dabbiru (Partner), Aishwarya Dixit (Senior Associate), and Shantanu Awasthi (Associate).
Waterways Leisure Tourism, the parent company of Cordelia Cruises—India’s only domestic ocean cruise brand, on June 17, officially filed a Draft Red Herring Prospectus (DRHP) with SEBI to raise ₹727 crore via an Initial Public Offering (IPO). AZB & Partners is acting for the company according to DRHP.
The Blackstone Group has acquired South City Projects (Kolkata) Limited (“SCPKL”) from its existing shareholders, comprising Merlin Group, Sureka Group, Emami Group, JB Group, Shrachi Group and Rameswara Group, for ₹3,250 crore. SCPKL houses the iconic “South City Mall” in Kolkata, West Bengal.
Entry of Foreign Law Firms in India – BCI Forms Cyril Shroff led Panel: New Delhi – The Bar Council of India (BCI) has established a new, high-profile committee. Its purpose is to address concerns from Indian lawyers and law firms regarding the recent rules allowing foreign legal entities to operate in India. This decision…
