Universal Legal acts on Information Security Media Group acquisition of majority stake in Grey Head Media
Information Security Media Group (ISMG), a United States headquartered company has acquired a majority stake in Grey Head Media, a B2B media organization, focusing on the enterprise technology and cybersecurity domains.
Universal Legal acts on Nutrifresh Farm Tech $5 million funding round
Nutrifresh Farm Tech India Private Limited has raised $ 5 million (approximately ₹39 crores) for expansion and growth.
Universal Legal represented Nutrifresh Farm on the deal.
The team was led by Partner Rashi Kapoor Mehta and Senior Associate Henna Kapadia Poojara.
Universal Legal acts on Third Eye Distillery Holdings acquiring majority stake in Foxtrot Beverages
Third Eye Distillery Holdings – the company behind the homegrown Stranger & Sons gin has acquired a controlling interest in Foxtrot Beverages, manufacturers of tonics and mixers brand Svami in a move to expand its portfolio of brands.
Universal Legal acted for Third Eye Distillery Holding on the deal.
Universal Legal assists Tanas Capital on its investment in Sai Security Printers
Tanas Capital acted as the lead investor in an investment into Sai Security Printers, a leading player across folded cartons, labels and security printing.
Universal Legal acted for Tanas Capital in this transaction.
Wondrlab raises $7M in Pre-Series A round
Martech startup Wondrlab has raised $7 million in Pre-Series A funding. The round was led by Pi Ventures LLP, Tanas Capital, Prodapt Holdings, and several independent investors including Priyamvada Balaji of Lucas Indian Service and Gopal Srinivasan of TVS Capital. The startup aims to use the funding towards driving inorganic growth, with a focus on tech, digital, programmatic advertising, and the building of martech platforms.
Nasdaq-Listed Zscaler To Buy Mumbai-Based Cybersecurity Firm Smokescreen
Smokescreen Technologies, a Mumbai-based cybersecurity firm, will be acquired by Nasdaq-listed cloud security company Zscaler Inc.
The transaction is expected to close by July-end. Smokescreen reported a revenue of Rs 15 crore and an operating profit of Rs 3 crore for 2018-19, according to VCCEdge.
Cybersecurity Start-up CloudSEK Raises USD 7 million in Series A Funding to Accelerate Global Expansion
Bengaluru (Karnataka) [India], December 8 (ANI/GIPR): CloudSEK, a global leader in cybersecurity, which leverages AI (Artificial Intelligence) and Machine Learning (ML) to combat cyber threats, has raised USD 7 million (~INR 50 Cr) in its Series A investment led by MassMutual Ventures.
This brings the total investment in CloudSEK to ~USD 10 M.
Contract drug maker V-Ensure gets Rs 130 cr from Investcorp, Tanas Capital
V-Ensure Pharma Technologies, which is into contract drug manufacturing, has raised Rs 130-crore ($17.5 million) from global alternative investment firm Investcorp and Asia-based private investment firm Tanas Capital.
For Investcorp this is the third healthcare investment in the country and its first in the pharmaceutical sector, the firm said in a statement.
Toppr Backer Foundation Holdings Bets On GrayQuest Education Finance
GrayQuest Education Finance Pvt Ltd, a financial-technology company focussed on education fees, has raised $1.2 million (Rs 9 crore) in a pre-Series A funding exercise. Last month, Foundation Holdings led a Rs 350 crore (around $46 million) Series D funding round in Toppr Technologies Pvt Ltd.
The round in Mumbai-based GrayQuest has been led by UAE-based Foundation Holdings, a multi-family office investment firm which focusses on education and health.
Beyond Capital Fund Supports Healthcare Innovation Initiatives with Investment in Redwing Labs
Beyond Capital, an impact investment fund that invests in companies seeking solutions to improve the lives of people living at the bottom of the economic pyramid in India and East Africa, is pleased to announce its recent investment in Redwing Labs, a healthcare drone logistics company that aims to optimize the delivery of time-critical medical supplies in hard-to-reach regions and crisis situations.
DSG Consumer Partners backs nutritional supplement brand Nutrova
DSG Consumer Partners has invested an undisclosed amount in pre-Series A round of funding in Axys Nutrition Products Pvt Ltd, a Mumbai-based nutraceutical company developing evidence-based nutrition and nutraceutical products, under the brand name Nutrova.
German IT firm RIB Software picks up stake in Indian AI software provider Winjit Technologies
German-cloud enterprise platform RIB Software has invested an undisclosed amount in Indian AI engineering platform Winjit Technologies. In a statement, RIB Software said that through this investment it acquires a 15 percent stake in Winjit and has the option to acquire a further controlling interest in Winjit through call options exercisable over the next four years.
Wondrlab announces first acquisition with What’s Your Problem
Barely a month after its launch, martech company Wondrlab, started by former Publicis Communications CEO Saurabh Varma, has announced its first acquisition What’s Your Problem (WYP), the creative agency behind the controversial Tanishq ads.
Amit Akali, Founder – MD & CCO at WYP, will now be the co-founder at Wondrlab. Before founding WYP he was the National Creative Director at Grey India.
NSE acquires market data terminal firm Cogencis
NSE Data has acquired 100 per cent equity in Cogencis from Samara Capital I Partners Fund Ltd and minority shareholders, including the company’s founder, co-founder and an employee welfare trust, the exchange said in a statement.
Cogencis’ flagship product is Cogencis WorkStation, a real-time market data terminal including financial news.
Universal Legal acts on Information Security Media Group acquisition of majority stake in Grey Head Media
Information Security Media Group (ISMG), a United States headquartered company has acquired a majority stake in Grey Head Media, a B2B media organization, focusing on the enterprise technology and cybersecurity domains.
Universal Legal acts on Nutrifresh Farm Tech $5 million funding round
Nutrifresh Farm Tech India Private Limited has raised $ 5 million (approximately ₹39 crores) for expansion and growth.
Universal Legal represented Nutrifresh Farm on the deal.
The team was led by Partner Rashi Kapoor Mehta and Senior Associate Henna Kapadia Poojara.
Universal Legal acts on Third Eye Distillery Holdings acquiring majority stake in Foxtrot Beverages
Third Eye Distillery Holdings – the company behind the homegrown Stranger & Sons gin has acquired a controlling interest in Foxtrot Beverages, manufacturers of tonics and mixers brand Svami in a move to expand its portfolio of brands.
Universal Legal acted for Third Eye Distillery Holding on the deal.
Universal Legal assists Tanas Capital on its investment in Sai Security Printers
Tanas Capital acted as the lead investor in an investment into Sai Security Printers, a leading player across folded cartons, labels and security printing.
Universal Legal acted for Tanas Capital in this transaction.
Wondrlab raises $7M in Pre-Series A round
Martech startup Wondrlab has raised $7 million in Pre-Series A funding. The round was led by Pi Ventures LLP, Tanas Capital, Prodapt Holdings, and several independent investors including Priyamvada Balaji of Lucas Indian Service and Gopal Srinivasan of TVS Capital. The startup aims to use the funding towards driving inorganic growth, with a focus on tech, digital, programmatic advertising, and the building of martech platforms.
Nasdaq-Listed Zscaler To Buy Mumbai-Based Cybersecurity Firm Smokescreen
Smokescreen Technologies, a Mumbai-based cybersecurity firm, will be acquired by Nasdaq-listed cloud security company Zscaler Inc.
The transaction is expected to close by July-end. Smokescreen reported a revenue of Rs 15 crore and an operating profit of Rs 3 crore for 2018-19, according to VCCEdge.
Cybersecurity Start-up CloudSEK Raises USD 7 million in Series A Funding to Accelerate Global Expansion
Bengaluru (Karnataka) [India], December 8 (ANI/GIPR): CloudSEK, a global leader in cybersecurity, which leverages AI (Artificial Intelligence) and Machine Learning (ML) to combat cyber threats, has raised USD 7 million (~INR 50 Cr) in its Series A investment led by MassMutual Ventures.
This brings the total investment in CloudSEK to ~USD 10 M.
Contract drug maker V-Ensure gets Rs 130 cr from Investcorp, Tanas Capital
V-Ensure Pharma Technologies, which is into contract drug manufacturing, has raised Rs 130-crore ($17.5 million) from global alternative investment firm Investcorp and Asia-based private investment firm Tanas Capital.
For Investcorp this is the third healthcare investment in the country and its first in the pharmaceutical sector, the firm said in a statement.
Toppr Backer Foundation Holdings Bets On GrayQuest Education Finance
GrayQuest Education Finance Pvt Ltd, a financial-technology company focussed on education fees, has raised $1.2 million (Rs 9 crore) in a pre-Series A funding exercise. Last month, Foundation Holdings led a Rs 350 crore (around $46 million) Series D funding round in Toppr Technologies Pvt Ltd.
The round in Mumbai-based GrayQuest has been led by UAE-based Foundation Holdings, a multi-family office investment firm which focusses on education and health.
Beyond Capital Fund Supports Healthcare Innovation Initiatives with Investment in Redwing Labs
Beyond Capital, an impact investment fund that invests in companies seeking solutions to improve the lives of people living at the bottom of the economic pyramid in India and East Africa, is pleased to announce its recent investment in Redwing Labs, a healthcare drone logistics company that aims to optimize the delivery of time-critical medical supplies in hard-to-reach regions and crisis situations.
DSG Consumer Partners backs nutritional supplement brand Nutrova
DSG Consumer Partners has invested an undisclosed amount in pre-Series A round of funding in Axys Nutrition Products Pvt Ltd, a Mumbai-based nutraceutical company developing evidence-based nutrition and nutraceutical products, under the brand name Nutrova.
German IT firm RIB Software picks up stake in Indian AI software provider Winjit Technologies
German-cloud enterprise platform RIB Software has invested an undisclosed amount in Indian AI engineering platform Winjit Technologies. In a statement, RIB Software said that through this investment it acquires a 15 percent stake in Winjit and has the option to acquire a further controlling interest in Winjit through call options exercisable over the next four years.
Wondrlab announces first acquisition with What’s Your Problem
Barely a month after its launch, martech company Wondrlab, started by former Publicis Communications CEO Saurabh Varma, has announced its first acquisition What’s Your Problem (WYP), the creative agency behind the controversial Tanishq ads.
Amit Akali, Founder – MD & CCO at WYP, will now be the co-founder at Wondrlab. Before founding WYP he was the National Creative Director at Grey India.
NSE acquires market data terminal firm Cogencis
NSE Data has acquired 100 per cent equity in Cogencis from Samara Capital I Partners Fund Ltd and minority shareholders, including the company’s founder, co-founder and an employee welfare trust, the exchange said in a statement.
Cogencis’ flagship product is Cogencis WorkStation, a real-time market data terminal including financial news.