Transactions

Healthcare & New Age Businesses Veda advises Apollo 24|7 on equity raise from Advent International

Consumer, F&B Veda advises Lal Sweets, pioneer of packaged ethnic desserts, on its sale of minority stake to Motilal Oswal Alternates

Healthcare & Life Sciences Veda advises MG Cancer Hospital & Research Institute on its strategic divestment to HCG

Healthcare & Life Sciences Veda advises Omega Hospitals, India’s second largest oncology chain, in its Series A funding from Morgan Stanley

Industrials Veda advises Indo-National on the sale of 51% stake in Kineco, a leading composites manufacturer

Industrials Veda advised JJG Aero, a fast-growing aerospace components manufacturer, on its Series A fundraise from CX Partners.

Business Services VedaCorp advised Quintessence Business Solutions & Services on its acquisition by Firstsource Solutions

Retail and Consumer Internet Veda advised Cureskin, an AI-driven dermatology platform on Series B fund raise from Healthquad and existing investors.

Healthcare & Life Sciences Veda advises PH Diagnostics, Pune on 100% stake sale to Vijaya Diagnostics

Consumer VedaCorp advises Akshayakalpa Farms and Foods, Indias largest organic dairy brand, on its fundraise led by A91 Partners, British International Investment and Rainmatter Foundation.

Healthcare & Life Sciences VedaCorp advised Fleming Laboratories, a leading API player on its INR 1,100 Mn investment from Invascent

Healthcare & Life Sciences VedaCorp advised IHH-backed Fortis Healthcare on the divestment of Fortis Malar Hospital to MGM Healthcare

Healthcare & Life Sciences VedaCorp advises Hearzap, India’s leading Audiology chain on its Series A funding from 360One

Technology VedaCorp advised leading space tech company Agnikul Cosmos on Series B fund raise from Celesta Capital

Healthcare & Life Sciences VedaCorp advises Suguna Group on divestment of its animal health business, Globion to Virbac

Healthcare & Life Sciences Veda advises Dr Agarwals Healthcare in Series E Investment by TPG Growth and TEMASEK.

Healthcare & Life Sciences Veda advised Dr. GSK Velu, promoted Maxivision Eye Hospital, on its private equity investment from Quadria Capital.

Healthcare & Life Sciences VedaCorp advises Fortis Healthcare on the divestment of its Chennai facility to Kauvery Hospital.

Technology Veda advised Kaar Technologies, a global digital transformation consulting company on its private equity investment from A91 Partners.

Business Services VedaCorp advises Congruent Solutions, leading retirement plan administration software and services provider, on its private equity investment from Sanaka Capital

Technology VedaCorp advises Agraga, a unified digital logistics player, on its fund raise led by Ivycap Ventures

Healthcare & Life Sciences VedaCorp advises Sukino Health Solutions, India’s first comprehensive continuum care provider, on its Series A fund raise from Stakeboat Capital

VedaCorp advised Leading grocery retail chain in South India on raising Series B capital from a leading private equity investor

Technology Veda advised Rezolve.ai, an AI-Powered employee service SaaS chatbot, on its Series A fundraise led by SIG Venture Capital and others.

Industrials VedaCorp advises a leading denim manufacturer on its sale to OfBusiness, India’s leading b2b marketplace.

Business Services VedaCorp advises Khazanak backed Malaysia’s leading facilities management solutions company UEM Edgenta on its divestiture of majority stake in Faber Sindoori (India’s largest Healthcare FMS player) to Apollo Group

Retail & Consumer Internet VedaCorp advises Assiduus Global, a cross border e-commerce accelerator in fundraise by Pulsar Capital and Others

Healthcare & Life Sciences VedaCorp advises Anderson Diagnostics, fast growing speciality diagnostics company, on its fund raise from Tata Capital Healthcare Fund

Healthcare & Life Sciences VedaCorp advises Softgel Healthcare, a leading pharma softgel CDMO player on its divestment of majority stake to Everstone Capital

Consumer Veda advises Akshayakalpa Farms and Foods, India’s largest organic dairy brand, on its Series B fundraise led by British International Investment and Rainmatter Foundation.

Financial Services & Fintech Veda advises Jai Kisan, a full stack financial services platform for Rural India, on its Series B equity and debt fundraise from Yara, GMO, DG Daiwa, and existing investors.

Agri & Agritech Veda advises Wheelocity, a leading supply chain network for fresh commerce, on its Series A fundraise from Lightspeed Venture Partners & Anicut Capital.

Healthcare & Life Sciences Veda advises Dr Agarwals Health Care and ADV Partners in Series D investment by TPG and Temasek.

Retail & Consumer Internet VedaCorp advises Dr Sheths, a leading D2C cosmetics brand on its acquisition by Mamaearth

Retail & Consumer Internet VedaCorp advises Earth Rhythm, a leading internet first, clinically effective and technology-driven personal care brand on $8 Mn fundraise

Retail & Consumer Internet Veda advises Candes, a leading Home & Kitchen Appliances brand with ARR, on its investment by Globalbees.

Healthcare & Life Sciences Veda advises Malladi Drugs, a leading pharma API & CDMO player, on its fundraise.

Healthcare & Life Sciences VedaCorp advises StanPlus, a leading technology driven ambulatory services startup, on its fund raise of INR 1200 mn from Healthquad, Kalaari and HealthX

Retail & Consumer Internet Veda advises GIVA, a leading D2C silver jewellery brand, on its Series A investment from Sixth Sense Ventures, A91 Partners, and others.

Retail & Consumer Internet VedaCorp advises FITKIT’s house of brands on its acquisition by Cult.fit

Consumer Veda advises Wingreens on its Series C raise from Investcorp and Omidyar.

Healthcare & Life Sciences VedaCorp advises Symed on sale to Carlyle owned Generics Platform

Consumer Internet TA Associates backed InCorp Advisory invests in Vakilsearch, one of India's leading compliance tech platforms.

Retail & Consumer Internet VedaCorp advises Greensoul, an internet first furniture brand with 100cr+ ARR, on its investment by Upscalio

Agri & Agritech VedaCorp advises staples Agri-Tech start-up SuperZop on its fund raise from European fund Incofin

Consumer Internet VedaCorp advises Matrimony.com in its acquisition of ShaadiSaga, a leading online wedding services company.

Healthcare & Life Sciences Morgan Stanley invests in Sterling Accuris, a leading diagnostics chain.

Retail & Consumer Internet Listed consumer products co. Marico, acquires controlling stake in D2C ayurvedic BPC brand Just Herbs

Consumer Quadria Capital invests in Nobel Hygiene, India’s leading disposable hygiene company.

Industrials VedaCorp advises Data Patterns, a pioneering Defence Electronics company, in Series C investment by FlorinTree Capital Partners

Financial Services & Fintech Rural FinTech Jai Kisan raised Series A funding led by Mirae Asset & Syngenta Ventures

Consumer VedaCorp advises Wingreens in its acquisition of Raw Pressery

Consumer D2C personal care brand Juicy Chemistry raised Series A funding from Verlinvest

Healthcare & Life Sciences DCDC Health Services, a leading Dialysis chain raised Series C funding from IFU & ADB

Healthcare & Life Sciences Genworks acquires invitro diagnostics unit of IRIS healthcare

Technology Divestment of majority shareholding in Newgen Knowledge Works to a private consortium of investors backed by the Promoter Group

Healthcare & Life Sciences Global PE Fund PAG-led Pharma API Platform acquires controlling stake in Anjan Drug

Business Services Samara Capital backed Spoton Logistics acquires RTS Logistics

Healthcare & Life Sciences Morgan Stanley and Samara Capital backed Sahajanand Medical Technologies acquires Vascular Concepts

Agri & Agritech Waycool raised Series C funding from Lightbox Ventures, FMO & LGT Lightstone

Consumer Internet VedaCorp advises Matrimony.com in its acquisition of minority stake in Astro Vision

Healthcare & Life Sciences Dr. Agarwal’s has raised structured debt from CDC

Consumer Wingreens raised Series B private equity funding from responsAbility Investments AG and Sequoia

Healthcare & Life Sciences Kauvery raised Series C private equity funding from LGT Lightstone Aspada

Healthcare & Life Sciences Genworks raised private equity investment from Somerset Indus Capital Partners

Business Services UDS acquires controlling stake in Matrix Business Services

Healthcare & Life Sciences Dr Agarwal raised Series C funding from Temasek Holdings

Agri & Agritech Waycool raised private equity led by LGT Impact and structured debt

Healthcare & Life Sciences Eurofins acquires strategic stake in India’s leading testing lab for the agricultural sector

Healthcare & Life Sciences InvAscent exits Anjan Drug Private Limited

Consumer Pearl Distillery raised structured finance from a leading NBFC

Business Services Greenpiece Landscapes India was acquired by Quess Corp

Technology, Media, Telecom GSC raised private equity from KKR-backed Emerald Media.

Healthcare & Life Sciences AIMS raised private equity from CDC Group Plc

Industrials Kaynes raised funds through non-convertible debentures

Industrials Raj Petro sold majority stake to Brenntag

Industrials Rinac raised funds through non-convertible debentures

F&B Fusion Foods raised strategic investment from Updater Services

Industrials Tonbo Imaging raised Private Equity from Walden Riverwood Ventures, Qualcomm Asia Pacific, Edelweiss and Artiman Ventures

Healthcare & Life Sciences Dr. Mohan’s Diabetes Speciality Centres raised private equity from Lok & Evolvence India Fund

Healthcare & Life Sciences Kedaara Capital has acquired a significant minority stake in Vijaya Diagnostics

Financial Services CreditMantri raised private equity from Quona Capital, Elevar Equity, IDG Ventures India and Accion Venture Lab

Healthcare & Life Sciences Kauvery Hospitals raised private equity & also provided an exit to IndiaVenture

Business Services Updater Services raised private equity from Motilal Oswal Private Equity

Healthcare & Life Sciences Hexagon Nutrition raises private equity from Somerset Indus Capital Partners

Healthcare & Life Sciences Leixir Resources raised private equity from GSK Ventures

Technology Stake acquired by ADV Partners through exit of Avigo capital and Ultra HNIs

Healthcare & Life Sciences Dr Agarwal group raised private equity from ADV Partners

Healthcare & Life Sciences Global Hospitals – Majority stake acquired by IHH Healthcare Berhad

Healthcare & Life Sciences Dr GSK Velu and Associates have divested their entire minority stake in Metropolis Healthcare Limited in favour of The Carlyle Group

Healthcare & Life Sciences Agappe Diagnostics raised private equity from Konark Capital

Healthcare & Life Sciences QPS Bioserve – a subsidiary of QPS LLC hived off its analytical division to Intertek Group PLC, UK

Healthcare & Life Sciences Total Dental Care Pvt. Ltd. raised private equity from LGT Venture Philanthropy, Asian Healthcare Fund and Seedfund

Healthcare & Life Sciences Continental Hospitals – Majority stake acquired by IHH Healthcare Berhad

Business Services ICICI Venture – divested its equity stake in Updater Services

Technology Complete exit of Baring Private Equity Fund from Integra through purchase of stake by Integra’s promoters and their friends/associates

Technology Newgen – Majority of stake acquired by The Carlyle Group

Industrials Raman FibreScience was acquired by Hollingsworth & Vose Company, USA

Healthcare & Life Sciences Aster DM Healthcare invested in Prime Hospitals for a majority stake

Healthcare & Life Sciences Aster DM Healthcare raised private equity from Olympus Capital Asia and India Value Fund

Consumer Internet India property raised private equity from Bertelsmann India Investments, Canaan Partners and Mayfield Fund

Healthcare & Life Sciences Trivitron raised private equity from India Value Fund

Healthcare & Life Sciences Rainbow Children’s Medicare raised private equity from CDC and The Abraaj Group

Industrials Ashirvad – Majority stake acquired by Aliaxis

Industrials Integrated Clean Room Technologies Limited raised private equity from GEF South Asia Clean Energy Fund

Industrials Indus Teqsite raised private equity from Oman India Joint Investment Fund

Industrials Sauter Race was acquired by UTC Climate, Control & Security Systems

Industrials Sai Security Printers raised private equity from Aueros Capital

Healthcare & Life Sciences Aster DM Healthcare raised private equity

Industrials Agnice Fire Protection was acquired by UTC Climate, Control & Security Systems

Healthcare & Life Sciences Vivilabs Labs Ltd raised private equity from Jacob Ballas

Technology EmPower Research was acquired by Genpact International

Infra & Real Estate GVR Infra Projects raised private equity from IDFC Private Equity

Food & Beverage Pizzeria Fast Foods Restaurants (Madras) was acquired by RK Swamy Hansa Group

Technology Newgen Imaging – Buyout of promotors’ stake by The Carlyle Group

Buyout of The Carlyle Group’s stake by Franklin Templeton, Aureos Capital, and ePlanet Ventures

Healthcare & Life Sciences Bioserve – Majority stake aquired by QPS

Consumer Bachi Shoes India & Euro Shoe Components were acquired by Tata International, a TATA Group Co

Healthcare & Life Sciences Medfort Hospitals raised private equity from TVS Shriram Growth Fund and ePlanet Ventures

Industrials Auro Mira Energy raised private equity from ePlanet Ventures, Aureos Capital & IFC

Agri & Agritech Sree Ramcides Chemicals secured private placement

Technology, Media, Telecom Domex e-Data was acquired by Molecular Connections

Healthcare & Life Sciences Medfort Hospitals raised private equity from ePlanet Ventures

Infra & Real Estate Geodesic Techniques secured project funding

Consumer Thirumala Milk Products raised private equity from The Carlyle Group

Retail Trent (A Tata Co.) raised funds through non-convertible debentures

Infra & Real Estate GVR Infra Projects – Placement of convertible debentures with TATA Capital

Technology Financial Software and Systems raised private equity from NEA, Jacob Ballas

Consumer Internet eYantra raised private equity from VenturEast, Argonaut Ventures

Technology, Media, Telecom TexTech International was acquired by Jouve Group

Infra & Real Estate GKC Projects raised private equity from Franklin Templeton Asset Management

Industrials Espiem Plastics raised structured debt

Technology Redpill Solutions was acquired by IBM

Industrials Hinduja Foundries raised structured debt

Technology DiacriTech acquired LaurelTech Integrated Publishing Solutions

Infra & Real Estate GK Industrial Park raised private equity from IL&FS Investment Managers

Agri & Agritech Nuziveedu Seeds acquired Yaaganti Seeds

Agri & Agritech Sree Ramcides Chemicals raised private equity from ePlanet Ventures

Infra & Real Estate Geodesic Techniques raised private equity from Mayfield Fund, Silicon Valley Bank

Infra & Real Estate Hathway Cable & Datacom raised private equity from Infrastructure India Holdings Fund

Consumer Landmark – Buyout of promotors’ stake by Trent (A Tata Co.)

Healthcare & Life Sciences DM Healthcare (Dr. Moopen’s Group) raised private equity from India Value Fund

Business Services Updater Services – Buyout of New Vernon’s stake by ICICI Venture

Consumer Internet Bharat Matrimony Group raised private equity from Yahoo, Mayfield Fund, Canaan Partners

Financial Services Repco Home Finance raised private equity from The Carlyle Group

Healthcare & Life Sciences Trivitron Healthcare raised private equity from HSBC and ePlanet Ventures

Financial Services JRG Securities raised private equity from Baring Private Equity Partners

Infra & Real Estate Heera Builders raised private equity from JM Financials

Technology Integra Software acquired Elm Street Publishing

Technology ScanTrans was acquired by International Press Softcom

Business Services GATI was acquired by Kausar

Technology Scope eKnowledge was acquired by Quatrro

Healthcare & Life Sciences LifeCell entered into a private treaty with Times Private Treaties

Industrials Electromags Automotives was acquired by Bombay Burmah Trading Corporation (a Wadia Group Co.)

Technology Integra Software – Buyout of Promotors’ stake by Baring Private Equity Partners

F&B Eastern Foods raised private equity from New Vernon

Technology PharmArc raised private equity from Baring Private Equity Partners

Consumer Internet Bharat Matrimony Group raised private equity from Yahoo, Canaan Partners

Financial Services & Fintech Peninsular Capital Market was acquired by Motilal Oswal Securities

Infra & Real Estate Maples ESM raised private equity from Baring Private Equity Partners

Business Services Paramount Airways raised private equity from Kotak Private Equity Group

Consumer Landmark was acquired by Trent (A Tata Co.)

Consumer Sabare International raised private equity from Kotak Private Equity Group

Business Services Outsource Offshore was acquired by Godrej Upstream

Business Services Updater Services raised private equity from New Vernon

Technology LatticeBridge Infotech raised private equity from SIDBI Ventures

Industrials Accel acquired Transmatic Systems

Industrials Data Patterns raised private equity from SIDBI Ventures & SICOM Ventures

Technology Financial Software and Systems raised private equity from The Carlyle Group

Business Services MaFoi was acquired by Vedior