19 DEC 2018 Top 10 Headlines | APARNA SAI Shardul Amarchand Mangaldas has counselled Indian online food delivery company Swiggy on its $1 billion fundraising round, led by South African internet group Naspers Ltd, and including China’s Tencent Holdings, which was advised by L&L Partners and Latham & Watkins.
According to Reuters, this is the biggest-ever funding round in the country’s food-tech sector. Hillhouse Capital and Wellington Management Company also took part in the funding round, together with Swiggy’s existing investors, DST Global, Meituan Dianping and Coatue Management. Naspers invested $660 million in Swiggy during this latest round. Read More | | | | | | | | | | | | | | | | | | | | | For more news, click here to visit the website |
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| Shardul Amarchand Mangaldas has counselled Indian online food delivery company Swiggy on its $1 billion fundraising round, led by South African internet group Naspers Ltd, and including China’s Tencent Holdings, which was advised by L&L Partners and Latham & Watkins. Full Article |
| Allen & Gledhill, Singapore’s largest law firm, has established an alliance with Indonesian law firm Soemadipradja & Taher (S&T). Full Article |
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| Trilegal and Gunderson Dettmer have advised South Africa’s Naspers which, along with Canada’s state pension fund, counselled by AZB & Partners, recently invested $540 million in Indian educational technology startup Byju’s represented by Shardul Amarchand Mangaldas. Full Article |
| Indian law firm Trilegal has strengthened its offering in the southern city of Bengaluru with the appointment of Arjun Ghose as a partner from Shardul Amarchand Mangaldas where he was a partner. Full Article |
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| Dentons has advised Chinese financial firm JD Group on the sale of its insurance business, FTLife Insurance Company Limited, for $2.74 billion (HK$21.5 billion approximately) to NWS Holdings Limited which was counselled by Sullivan & Cromwell. Full Article |
| Milbank, Tweed, Hadley & McCloy has appointed project finance and infrastructure specialist David Gartside as the head of its Seoul office from Sidley Austin, where he was a partner based in Singapore. Full Article |
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| Singapore’s RHTLaw Taylor Wessing has hired aviation expert Rajaram Ramiah as a partner from local boutique Quahe Woo & Palmer, where he was a consultant. Full Article |
| Axiom, a global alternative legal services provider, has hired Yolanda Chan as general manager for the Asia-Pacific region from Fitbit, where she held a similar role. Full Article |
| SSEK leads as Indonesia pushes for the establishment of $4 bln oil and gas holding company, Paul Hastings helps on ICBC’s acquisition of $1 bln worth of real estate portfolios, and much more in this week’s Asia Deals table. Full Article |
| Oon & Bazul appoints new arbitration partner from Bae, Kim & Lee, Trilegal grabs corporate partner from SAM, and much more in this week’s Asia Appointments table. Full Article |
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