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Private equity funds and M&A specialist Sayak Maity has joined U.S. law firm White & Case as a partner in Singapore from India’s AZB & Partners.
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India’s Argus Partners has hired Prashanth Sabeshan as a partner in the firm’s corporate and infrastructure practice in Bengaluru from AZB & Partners.
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Khaitan & Co, AZB & Partners and K Law have advised Reliance New Energy Solar (RNESL) and Reliance Industries (RIL) on RNESL’s 36-billion-rupee ($489 million) acquisition of stake in Sterling & Wilson Solar which was represented by Desai & Diwanji.
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AZB & Partners has counselled Indian cosmetics-to-fashion platform Nykaa on its $711 million initial public offering on the BSE and NSE, with Cyril Amarchand Mangaldas and Sidley Austin advising the lead managers, and Trilegal representing the selling shareholders.
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India’s AZB & Partners has hired antitrust expert Ram Kumar Poornachandran as a partner in Delhi from Talwar Thakore & Associates (TTA).
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Desai & Diwanji has advised India conglomerate Shapoorji Pallonji on the 44 billion rupees ($597 million) sale of controlling stake in its subsidiary Eureka Forbes to U.S. private equity firm Advent International. AZB & Partners represented Lunolux.
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Trilegal has advised Exide Industries’ life insurance subsidiary,Exide Life, on its 67-billion-rupee ($915 million) sale to HDFC Life Insurance Company, which was represented by AZB & Partners.
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Trilegal has advised technology investor Prosus Ventures on its $4.7 billion acquisition of Indian payments gateway firm BillDesk, which was represented by Shardul Amarchand Mangaldas (SAM). AZB & Partners has counselled the selling shareholders.
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Cyril Amarchand Mangaldas (CAM) has advised India’s CarTrade Tech on its 30-billion-rupee ($411 million) IPO, with IndusLaw and Sidley Austin representing the book-runners and lead managers. AZB & Partners counselled the selling shareholders.
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IndusLaw has advised India’s Sorting Hat Technologies on the 32.7-billion-rupee ($440 million) Series H funding round of its subsidiary, online learning platform Unacademy, with AZB & Partners and Khaitan & Co advising two of the investors.