Scapia Secures $40 Million in Series B Funding; IndusLaw, River Law, SAM, Khaitan & Bombay Law Advised
Scapia Technology Private Limited has raised $40 million in its Series B funding round led by Peak XV Partners, with participation from Elevation Capital, Z47, 3STATE Capital, and Tanglin Venture Partners.
IndusLaw advised Scapia, while River Law, Shardul Amarchand Mangaldas, Khaitan & Co, and Bombay Law advised the investors involved in the transaction.
The funds will be used to expand Scapia’s team, strengthen its product offerings, and integrate AI-driven solutions for a better customer experience.
Krishna
ITC to Acquire Century Pulp & Paper for ₹3,500 Crore in Slump Sale; Cyril Amarchand Mangaldas Advises
Cyril Amarchand Mangaldas advised ITC on its proposed acquisition of the pulp and paper business of Aditya Birla Real Estate, operated as Century Pulp & Paper (CPP), through a slump sale.
The deal is structured under a Business Transfer Agreement for a lump sum consideration of up to ₹3,500 crore on a cash-free, debt-free basis.
The acquisition is contingent upon obtaining necessary regulatory approvals, including clearance from the Competition Commission of India (CCI).
The transaction marks a significant move in ITC’s strategic expansion in the paper and packaging segment.
Krishna
Begur & Partners Advises Hatti Kaapi on Series A Investment Round
Begur & Partners acted as legal counsel to Hatti Foods and Beverages Pvt. Ltd. and its promoters in a Series A equity investment by Claypond Capital Partners and Crest Opportunities Pvt. Ltd.
The transaction was led by Managing Partner Rajesh Begur, involved negotiation, legal due diligence, and execution of definitive agreements.
The investment facilitates corporate expansion and operational scalability, positioning Hatti Kaapi for further domestic and cross-border growth.
Krishna
Temasek, Alpha Wave, IHC Acquire 15% Stake In Haldiram At $10 B Valuation; Khaitan & Co. and JSA Advised
Khaitan & Co. advised Haldiram Foods International Pvt. Ltd., Haldiram Snacks Pvt. Ltd., and the Agarwal family in the divestment of a 9% equity stake in Haldiram Snacks Food Pvt. Ltd. to Jongsong Investments Pte. Ltd., a special purpose vehicle of Temasek Holdings.
JSA represented Alpha Wave Ventures II LP and International Holding Company P.J.S.C. in acquiring an additional 6% stake through a secondary transaction.
The transaction reflects a $10 billion enterprise valuation and involved intricate legal structuring and cross-border regulatory compliance.
Krishna
