Deal News
Singhania & Co. Acted As Legal Counsel For SenseAI Ventures For Their Investment In ContineuAI
Singhania & Co. acted as legal counsel for SenseAI Ventures (“SenseAI”), an early stage fund for their investment and participation as the lead investor in the seed round of Opensite Technologies Private Limited (“ContineuAI”). This seed round was co-lead by Piper Serica Angel Fund.ContineuAI is engaged in the business of providing intelligence to hedge funds to create trading strategies based on artificial intelligence, operating a platform to create trading, execution and portfolio...
Singhania & Co. Acted As Legal Advisors To Shivalik FundO n Its First Investment Of Usd 5 Million In Real Estate Projects Across Ahmedabad
Singhania & Co. acted as legal advisors for Shivalik Fund a SEBI-registered Category II Alternative Investment Fund (AIF), in its first investment of USD 5 million in real estate projects across Ahmedabad, Gujarat. This landmark deployment marks a strategic milestone in Shivalik Fund's growth trajectory, setting a strong precedent for future real estate investments and reaffirming its commitment to delivering value-driven, high-impact assets through the AIF route.SEBI-Registered Shivalik...
Singhania & Co. Acted As Legal Counsel To Transworld Group Of Companies In Acquisition Of TJ-VAYU [Falcon 2000DX]
Singhania & Co. acted as legal counsel for Transworld Group of Companies in acquisition of TJ-VAYU (a Falcon 2000DX aircraft), the fourth aircraft in their fleet of luxury private jets. This latest acquisition marks a bold step forward in Transworld's journey, setting new benchmarks in luxury, performance, and personalized private aviation.Transworld Group, founded in 1977, excels in global shipping and logistics, serving over 10 regions with innovative solutions. Renowned for sustainability...
Singhania & Co. Acted As Legal Counsel For Pre-Series A Fund Raise Of Nawgati Tech Private Limited
Singhania & Co. acted as legal counsel for Nawgati Tech Private Limited (“Nawgati”), an Indian startup in relation to the Pre-Series A fund raising round. Nawgati is engaged in the business of providing congestion and compliance management for fuel stations, technology services and products including various web services, internet products, development and marketing of business management software, building software applications and technology applications for computers, mobile...
Cross-Border Restructuring: Kochhar & Co. Advises Tata Communications
Kochhar & Co. has advised Tata Communications Limited (TCL) on a significant group restructuring. Besides India, the restructuring also involved TCL entities in Singapore, the United Kingdom, and the Netherlands.The transaction was led by Kochhar & Co.'s Mumbai Senior Partner & Head, Rajarshi Chakrabarti, and Partner Sameena Jahangir, with support from Associate Aakash Karekar. As Lead Counsel, Kochhar & Co. provided comprehensive advice to TCL on structuring the transaction in...
Kochhar & Co. Advises ElevenX Capital On The India Leg Of Its Sale Of Portfolio Company OculusIT To Avathon Capital
Kochhar & Co. acted as legal counsel to ElevenX Capital, a Miami-based private equity firm, in relation to the India leg of the sale of its portfolio company, OculusIT, to Avathon Capital, a Chicago-based private investment platform focused on education and workforce development.Kochhar & Co. advised on all India-related legal aspects of the transaction, including drafting & negotiation of transaction documents and providing strategic legal guidance on employment law, foreign...
Singhania & Co. Acted As Legal Counsel For VAIT
Singhania & Co. acted as legal counsel for Value Angels Investment Trust (“VAIT”), an early stage Alternate Investment Fund (AIF) in relation to their investment in Urbanaut Technologies Private Limited (“Company”).The transaction aligns with VAIT's objective, inter alia, of investing in innovation-driven startups such as the Company. The Company is engaged in the business of operating and maintaining a discovery platform which provides the end users with a resource to find, save, plan, book...
Dua Associates Advises Kwality Animal Feeds Private Limited In Its Sale To Allana subsidiary India Poultry Alliance In Deal Valued At ₹300 crore
Dua Associates advised the promoters of Kwality Animal Feeds Private Limited in sale of 100% of their equity shares to Indian Poultry Alliance Private Limited (IPA), a part of Allana Group. Dua Associates assisted in the drafting, finalization and negotiation of the transaction documents and also assisted with the closure of the transaction.The deal team from Dua Associates consisted of Senior Advisor Sunil Malik, Partner Prateek Bedi, Principal Associate Rahul Goyal, and Senior Associate,...
Singhania & Co. Acted As Legal Counsels For SIDBI & FIRST
Singhania & Co. acted as legal counsels for Small Industries Development Bank of India (“SIDBI”) and Foundation for Innovation and Research in Science Technology, Indian Institute of Technology, Kanpur (“FIRST”) (collectively referred to as the “Investors”) in relation to their investment in Mild Cares Private Limited (“Company”). The Company, known for its brand MildCares, is engaged in the development of personal care and hygiene products through technology-driven, sustainable...
Kochhar & Co. Advises IREDA On Its INR 15.13 Billion Financing Availed By Oyster Green Hybrid One Pvt. Ltd. For The Development Of Its Solar-Wind Hybrid Project
Kochhar & Co.advised Indian Renewable Energy Development Agency Limited (“IREDA”) on an INR 15.13 billion (approximately USD 175 Million) project financing of a 280.9 MW wind solar hybrid group captive project sponsored by Oyster Renewable Energy Private Limited. The borrower was Oyster Green Hybrid One Private Limited (“Oyster Green”) and the power offtaker, a leading Indian steel manufacturer (the “Project”).The transaction involved the Project's development in phases across the Indian...
Kochhar & Co. Advises Tonbo Imaging India Private Limited In Raising INR 175 Cr In Series D Pre-IPO Funding
Kochhar & Co. acted as legal counsel to Tonbo Imaging India Limited (“Tonbo”) in raising INR 175 Cr in a Series D pre-IPO funding round led by Florintree Advisors, Tenacity Ventures and Export Import Bank of India (Exim Bank).Tonbo is at the forefront of advanced defence systems, specializing in infrared imaging, artificial intelligence and cutting-edge battlefield intelligence and protection systems. The Firm provided end to end support and assistance in the transaction which entailed...
Lakshmikumaran And Sridharan Attorneys Advises LÄPPLE Group On Sale And Transfer Of Its Rotary Table Unit Business In India
Lakshmikumaran and Sridharan Attorneys (L&S) advised and acted for Fibro India Precision Products Private Limited (Fibro India), a subsidiary of LÄPPLE AG, in the sale and transfer of its rotary table unit business to Fibro Rotary Tables India Private Limited (a newly formed entity of the acquirer), as part of LÄPPLE Group's global restructuring.LÄPPLE Group, a global leader in manufacturing solutions, undertook a strategic realignment involving the transfer of its Rotary Table business...