AZB & Partners has advised SLP Beta Cayman (Silver Lake) as one of the investors in Indian online learning platform Byju’s $1 billion fundraising round, which values the company at $15 billion.
Despite the challenging times witnessed by the legal industry since the outbreak of the pandemic, smaller law firms have punched above their weight in terms of work handled and services delivered. In its annual list, ALB is spotlighting 25 such firms which have overcome obstacles and continue to make an impact on the market. The list is in alphabetical order and some firms have been profiled
In India’s 2021 budget, Finance Minister Nirmala Sitharaman proposed merging the four acts that presently govern capital markets and securities, namely the Securities and Exchange Board of India Act, 1992 (SEBI Act), the Depositories Act, 1996 (Depositories Act), Securities Contracts (Regulation) Act, 1956 (SCRA) and Government Securities Act, 2007 (Government Securities Act), to form a single securities markets code.
Law firm The Law Point recently launched a consulting arm called the Consulting Point, intending to create a space in the alternate legal services provider (ALSP) market in India. Poornima Advani, managing partner, The Law Point, talks to ALB about the ALSP market right now, and her plans to grow the Consulting Point.
Cyril Amarchand Mangaldas has advised Indian food delivery app Zomato on its proposed 82.5-billion-rupee ($1.11 billion) IPO on the NSE and BSE, with the lead managers being counselled by Latham & Watkins and IndusLaw.