News

• Apis Partners - 06-07-2024

We are pleased to announce that Phoenix Legal advised Iron Pillar Fund, one of the existing investors of Sedemac Mechatronics Private Limited (Sedemac Mechatronics), in relation to their follow-on investment in the USD 100 million funding round led by Xponentia Capital Partners, A91 Partners and 360 ONE Asset.

• Apis Partners - 05-06-2024

We are pleased to announce that Phoenix Legal advised Apis Partners LLP, a leading private equity asset manager focused on financial services, on Apis Growth Fund I’s full exit from Star Health & Allied Insurance Co. Ltd through a block deal on the National Stock Exchange.

• Express Mobility - 27-05-2024

We are pleased to announce that Phoenix Legal advised REC Limited on the funding aggregating INR 89.75 Crores availed by Vishvam City Bus Operations Private Limited for the purposes of part financing the estimated project cost for procurement, installation, operation, maintenance of 100 air-conditioned coach 9 meter electric buses along with allied charging infrastructure to be operated across Rajkot in the state of Gujarat on Gross Cost Contract basis under FAME-II in Rajkot, under the contract awarded by Rajkot Rajpath Limited.

• Benchmark Litigation - 17-05-2024

We are delighted to share that we have been ranked in 7 practice areas in Benchmark Litigation Asia Pacific 2024 edition.

• Business Standard - 08-05-2024

We are pleased to announce that Phoenix Legal has successfully advised Punjab National Bank (PNB) on the funding aggregating INR 2000 Crores advanced to SJVN Green Energy Limited for funding its ongoing/upcoming renewable energy projects. This credit facility is of a revolving nature that allows SJVN Green Energy Limited to draw down funds on an ongoing basis as per the construction requirements of its projects.

• - 03-05-2024

We are pleased to announce that Phoenix Legal advised Matrix Partners India and Kae Capital on their follow-on investment in the USD 14 million Series B funding round of Foxtale Consumer Private Limited (Foxtale). The Series B funding round was led by Panthera Growth Partners. The investment round also attracted investment from Foxtale's existing investors, Matrix Partners and Kae Capital, who had last invested in Foxtale in 2023.