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.

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.

Skadden, Hughes Hubbard advise Singapore’s Grab on world’s biggest SPAC merger

BY Aparna Sai |

Skadden, Arps, Slate, Meagher & Flom and Hughes Hubbard & Reed have advised Grab Holdings, the largest ride-hailing and food delivery firm in Southeast Asia, on its agreement to merge with special-purpose acquisition company (SPAC) Altimeter Growth Corp.

Asia Deals: Week of April 12

BY Rowena Muñiz |

Host of firms on Mohalla Tech’s $502 mln funding round, Skadden on freee K.K.'s $329 mln follow-on equity offering, and much more in this week’s Asia Deals table.

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.

Khaitan, Trilegal, SPB advise on India’s largest QIP this year

BY Aparna Sai |

Khaitan & Co has advised India’s Bank of Baroda on its 45-billion-rupee ($622 million) qualified institutional placement (QIP), with Trilegal and Squire Patton Boggs representing the bookrunning lead managers.

CC acts on Indonesia’s first sustainability-linked bond

BY Aparna Sai |

Clifford Chance has advised the joint bookrunners on PT Japfa Comfeed's $350 million sustainability linked bond (SLB) issuance, Indonesia’s first SLB and the world's first by an agri-food company.

Skadden, Davis Polk lead on Chinese fintech firm’s $507 mln HK IPO

BY Aparna Sai |

Skadden, Arps, Slate, Meagher & Flom and Commerce & Finance Law Offices have advised Chinese fintech firm Bairong on its $507 million IPO on the Hong Kong Stock Exchange, with Davis Polk & Wardwell and Tian Yuan Law Firm assisting the joint sponsors and underwriters.

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.

Asia Deals: Week of March 29

BY Rowena Muñiz |

CAM, Latham, Nishith, and Skadden on ReNew’s $8 bln IPO, Shearman on Toyota’s $2.75 bln sustainability bonds, and much more in this week’s Asia Deals table.

Bilibili set to raise $2.6 bln in Hong Kong listing

BY Reuters |

Chinese online video site Bilibili is set to raise HK$20.2 billion ($2.60 billion) by pricing shares in its Hong Kong secondary listing at HK$808 each, said three people with direct knowledge of the matter.