Luthra And Luthra Advises Upwards Fintech On Its Acquisition By Lendingkart For INR 100 Crores

Fintech company Lendingkart Technologies Private Limited (Lendingkart) has acquired digital lending platform Upwards Fintech Private Limited for ₹100 crores, and Luthra and Luthra Law Offices India advised Upwards Fintech Private Limited and its subsidiary Upwards Capital Private Limited (Upwards) on its acquisition.Upwards offers personal loans to salaried professionals through its proprietary technology platform, which uses complex algorithms to analyze over 500 data points from a wide range...

Luthra And Luthra Advises Kidvento On USD 2.5 Million Investment Round

Kidvento Education and Research Private Limited has raised $2.5 million funding from angel investors of Middle East and the UK for building Ulipsu, its multi-potential OTT like learning platform. The investment amount was raised in tranches.The Firm advised Kidvento Education and Research Private Limited (Kidvento) on the investment round.The Company is on a mission to create a healthy relationship between children and screens by converting passive screen time to active screen time with...

ZEUS Advises Valocity India

ZEUS Law’s Start-up, Fintech & E-commerce team lead by Senior Partner, Jayshree Navin Chandra and assisted by Nitika Bakshi, Associate are advising Valocity India LLP, a globally awarded FinTech company, transforming and digitising the property decisioning process globally with customers across India, Australia, New Zealand, and Asia. The ZEUS team has supported in establishing Valocity’s operations in India and drafted and finalised the entire repertoire of standardised documents...

Luthra And Luthra Law Offices Welcomes A New Partner To Further Strengthen Firm’s TMT Practice!

Partner, Vikash Kukreti, joined the Firm as a Partner in the TMT practice.Vikash has over 20 years of overall experience. He was previously associated with Ernest & Young LLP, as Director, Regulatory Consulting. He is a qualified Company Secretary since 2002, post which he graduated in LL.B. in 2008 from Delhi University. He led a team of lawyers to ensure compliance, regulatory and other disputes/litigations, contracts, business & operational issues and policy and governance...

Luthra And Luthra Acts For Shriram Pistons & Rings Limited And Its Subsidiary SPR Engenious Limited

The Firm advised Shriram Pistons & Rings Limited (SPRL) and its subsidiary SPR Engenious Limited (SEL) in undertaking due diligence and drafting, negotiating, and finalising transaction documents for the proposed acquisition by SEL of 75% shareholding in Takahata Precision India Private Limited from Takahata Precision Co. Ltd. and Takahata Precision Pte. Ltd. at an enterprise value of INR 222 crores.With the proposed acquisition, SPRL aims to diversify its product portfolio beyond the...

ZEUS Law Advised On JDA For Project At Sector 36A Gurgaon

ZEUS Law Associates acted as counsel to land owners, Delta Propcon Private Limited, Prompt Infravision Private Limited and Namo Realtech Private Limited, in their joint development transaction with Max Estates Gurgoan Limited, the real estate arm of Max Ventures and Industries Limited for developing a residential colony on land admeasuring 11.80 acres in sector-36A, Gurgoan, Haryana. Sunil Tyagi, Founder and Managing Partner of ZEUS Law, provided strategic advisory and the transaction...

TLA Engineers An Unparalleled International Footing As It Announces Its Collaboration With Sandra Gomes Pinto And Associates, Portugal

The office of Attorney Karan S. Thukral has collaborated with Sandra Gomes Pinto and Associates, a Portugal based international law firm offering legal services to its clients world-wide. The two law offices after their conference through heads, Advocate Karan S. Thukral and Ms. Sandra Gomes Pinto, decided in unison to take the relationship further and extend mutual professional growth to each other. The law firms have held on to the views of keller when she quoted ‘Alone we can do...

Argus Partners Advises Whiteboard Capital Fund In ONWO’s Seed Funding Round

Argus Partners has acted as the legal counsel to Whiteboard Capital Fund in relation to its participation in USD 1.6 million seed funding round of Onwo Trade India Private Limited (which operates a B2B cross-border marketplace to transact and fulfil orders of processed food products from Indian manufacturers under the brand name “ONWO”).The funding round was led by 2am VC, Kettleborough VC, Climber Capital and Point One Capital also joined the round apart from Whiteboard Capital Fund.According...

ZEUS Advises GenLeap Ecosystem

ZEUS Law team lead by Senior Partner, Jayshree Navin Chandra and assisted by Nitika Bakshi, Associate advised and supported the successful conclusion of seed round followed by a pre-series A funding by GenLeap, the DNA-based self-discovery and career life cycle management platform from India. GENLEAP has last year launched the DNA-led genetic testing and interpretation platform providing solutions for personal career growth and development, health & wellness, relationship...

Borrowers Pays Full Compromise Amount: Allahabad High Court Directs Bank To Reconsider Wilful Default

The Allahabad High Court Bench, comprising of Justice Manoj Kumar Gupta and Justice Vikram D. Chauhan, while adjudicating a petition filed in Konarkagro Polytech Pvt. Ltd. & Ors. v Bank of Baroda & Ors., has directed the Bank to re-consider its decision of declaring the Borrowers (Petitioners) as wilful defaulters, as a One Time Settlement (OTS) was subsequently entered between the Bank and Borrowers and full compromise amount has been towards the Petitioner Company’s accounts....

Argus Partners Advises Commercial EV Distribution And Financing Platform ‘Turno’ In Raising $13.8 Million

Argus Partners acted as the legal counsel to ‘Turno’ (Blubble Private Limited), a commercial electric vehicle distribution and financing platform, on its USD 13.8 million Series A fund-raise.The Series A funding round was co-led by global venture capital firms B Capital and Quona Capital with participation from existing investors Stellaris Venture Partners and Avaana Capital and new investors, Alteria Capital and InnoVen Capital.Turno intends to use the funding to build a proprietary...

Argus Partners Advises Whiteboard Capital Fund In Apnaklub’s Series A Fundraise Of $16 Million

Argus Partners has acted as the legal counsel to Whiteboard Capital Fund in relation to its participation in USD 16 million Series A funding round of Octopolis Technologies Private Limited, which operates a B2B platform for FMCG products under the brand ‘ApnaKlub’.The Series A funding round was led by TrueScale Capital and ICMG Partners and also, witnessed participation from Flourish Ventures, Sequoia India’s Surge and Blume Ventures apart from Whiteboard Capital.According to ApnaKlub, the funds...