Meet the team
Deals
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.
Read More at https://www.barandbench.com/law-firms/dealstreet/universal-legal-acts-on-ismg-acquisition-of-majority-stake-in-grey-head-media
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.
Read More at https://www.barandbench.com/law-firms/dealstreet/universal-legal-acts-on-nutrifresh-farm-tech-fund-raise
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.
Read More at https://www.barandbench.com/law-firms/dealstreet/universal-legal-acts-on-third-eye-distillery-holdings-acquiring-foxtrot-beverages
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.
Read More at https://www.barandbench.com/law-firms/dealstreet/universal-legal-assists-tanas-capital-on-its-investment-in-sai-security-printers
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.
Read More at https://yourstory.com/2021/10/startup-funding-alert-wondrlab-pre-series-a-round
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.
Read More at https://www.vccircle.com/nasdaq-listed-zscaler-to-buy-mumbai-based-cybersecurity-firm-smokescreen
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.
Read More at https://www.business-standard.com/content/press-releases-ani/cybersecurity-start-up-cloudsek-raises-usd-7-million-in-series-a-funding-to-accelerate-global-expansion-121120800622_1.html
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.
Read More at https://www.business-standard.com/article/companies/contract-drug-maker-e-ensure-gets-rs-130-cr-from-investcorp-tanas-capital-122022101097_1.html
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.
Read More at https://www.vccircle.com/toppr-backer-foundation-holdings-bets-on-grayquest-education-finance
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.
Read More at https://www.prweb.com/releases/beyond-capital-fund-supports-healthcare-innovation-initiatives-with-investment-in-india-s-redwing-labs-821329979.html
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.
Read More at https://yourstory.com/2020/06/funding-alert-dsg-nutritional-supplement-brand-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.
Read More at https://yourstory.com/2019/08/rib-software-winjit-ai-iot-blockchain-startup-funding
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.
Read More at https://www.thehindubusinessline.com/companies/wondrlab-announces-first-acquisition-with-whats-your-problem/article33286886.ece
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.
Read More at https://economictimes.indiatimes.com/markets/stocks/news/nse-acquires-market-data-terminal-firm-cogencis/articleshow/80389763.cms
Testimonials
QSR Brands
The lawyers are equipped with relevant knowledge and executed the assigned works in a timely manner, proactive, practical and in an efficient manner. In addition, the firm’s personnel possess deep commercial understanding of its clients. Finally, the lawyers are very responsive to out needs and requirement. All-in-all the services rendered suit the company’s requirement and expectation and as a result we believed that Universal Legal has delivered good quality services to the company.
Junobo Hotels Private Limited
The key Partners each have good expertise in multiple areas, which means you don’t have to waste time instructing different people. They are very responsive. You really get a high degree of personal attention, and you never feel they are “too busy” with other matters (even though they sometimes must be). Mohit Kapoor has a broad knowledge and a detailed understanding of trends and developments in law, business and politics, which enable him to give genuine commercial advice which goes far beyond that of many larger firms.
Innergize Solutions Private Limited
I have had the good fortune of working with Universal Legal over the last decade on various, diverse engagements ranging from investment transactions, real estate deals, cross border collaborations and commercial agreements. I have always been professionally enriched and personally satisfied with the advice, guidance and friendly, solution oriented attitude of the team. In a complex legal world. I find Universal Legal to be an oasis of simple, result oriented solutions and I am really glad to be associated with them.
Bharat Serums and Vaccines Limited
At Bharat Serums, we were looking for a law firm, which, in addition to legal expertise, also understands the pharmaceutical space and the nature of transactions in this sector. In Universal Legal, we found the right blend of legal and domain knowledge, coupled with their professionalism. For all engagements at BSV, the team at Universal Legal was led by Mrs. Rashi Kapoor Mehta for cross border transactions, partnering/licensing and intellectual property related agreements. The attorneys understand our business requirements and culture to help us close transaction deals while balancing the legal requirements. We appreciate that they are accessible, responsive to our pace and can deliver within set budgets and timelines. They are well-networked within the industry and the key markets we work in, to provide us a holistic, sound view of the legal landscape. They have served as advisors in critical matters related to business structure. We value our partnership with Universal Legal
Indus Biotech Private Limited
Universal Legal have been our retained counsels for the past 10 years and our association has been very constructive. They have handled a wide array of matters for us – from general corporate law to information technology issues. Working with Universal Legal guarantees dedicated time from the senior partners like Mohit Kapoor, Rashi Kapoor Mehta and Neha Sehgal – who ensure that they are personally involved in solving legal tangles that crop up from time to time. Throughout our engagement, Universal Legal helped our team navigate through the myriad of laws in India, advising us practically to ensure smooth functioning of our business. Additionally, Universal Legal have consciously maintained a lean team that focuses on quality over quantity – and that has been their strength throughout our 10-year association. It’s been a pleasure working with them, and I would definitely recommend them to any company looking for solution driven advice.
Gabrielski, Esq.
Our firm, Norris, McLaughlin, with locations in New York, New Jersey and Pennsylvania, has been working with Universal Legal in Mumbai, India, on various cross-border transactions with international clients for about five years. Many of our common clients look to enhance or establish operations in India or the US. Universal Legal assists our firm and our clients with respect to establishing subsidiary corporate entities in India including the choice of entity for the conduct of business in India, the related tax and employment issues in connection with cross-border operations, the repatriation of income/profits back to India, India reporting requirements, technology and intellectual property licensing including license and royalty agreements and related cultural matters. We and our clients find Universal Legal to provide up-to-date practical legal guidance with respect to establishing and operating foreign operations in India. Our clients appreciate their responsiveness and added value to doing business in India.
The Legal 500 Comparative Guides
Giving the in-house community greater insight into unfamiliar jurisdiction
Partner
Meet other Universal Legal Advocates clerks
Firm Rankings
- Commercial, corporate and M&A
- Corporate and M&A