News

• Pine Labs - 17-05-2021

Pine Labs, one of Asia’s leading merchant commerce platforms, today announced that is has completed a new round of financing from well-regarded public market cross-over investors including Baron Capital Group, Duro Capital, Marshall Wace, Moore Strategic Ventures and Ward Ferry Management. Existing investors Temasek, Lone Pine Capital and Sunley House Capital also participated in this funding round. In this significantly oversubscribed round, in addition to primary proceeds, Pine Labs enabled secondary transactions for its founder, employees and early shareholders as it is already a well-financed company with a strong balance sheet and has been EBITDA profitable for several years.

• Bar and Bench - 11-05-2021

The Bombay High Court on Thursday permitted Biovet Pvt. Ltd., an associate company of Bharat Biotech to take possession of the 'ready to use' manufacturing plant in Pune, Maharashtra to operate and manufacture COVID-19 vaccine, 'Covaxin'.

• Chambers and Partners - 03-04-2021

We are delighted to announce that our partners Abhishek Saxena and Sawant Singh have been ranked alongside our five practice areas in the 𝗖𝗵𝗮𝗺𝗯𝗲𝗿𝘀 𝗚𝗹𝗼𝗯𝗮𝗹 𝟮𝟬𝟮𝟭 𝗚𝘂𝗶𝗱𝗲.

• The Economic Times - 01-04-2021

We are delighted to announce that our co-founding partner Manjula Chawla has been recognized as one of the 𝗠𝗼𝘀𝘁 𝗣𝗿𝗼𝗺𝗶𝘀𝗶𝗻𝗴 𝗪𝗼𝗺𝗲𝗻 𝗟𝗲𝗮𝗱𝗲𝗿𝘀 𝟮𝟬𝟮𝟭 by The Economic Times.

• Legal 500 - 25-01-2021

It gives us immense pleasure to announce that Phoenix Legal has been recognized as a 𝗟𝗲𝗮𝗱𝗶𝗻𝗴 𝗣𝗲𝗿𝗳𝗼𝗿𝗺𝗲𝗿 in The Legal 500 (Legalease) 𝗖𝗹𝗶𝗲𝗻𝘁 𝗦𝗲𝗿𝘃𝗶𝗰𝗲 survey for 𝗟𝗮𝘄𝘆𝗲𝗿𝘀/𝗧𝗲𝗮𝗺 𝗤𝘂𝗮𝗹𝗶𝘁𝘆 in #India.

• Bar & Bench - 31-12-2020

Phoenix Legal acted as the legal counsel for Pine Labs and advised the Pine Labs team on transaction structuring, deal documents, and anti-trust matters. The team comprised of Saket Shukla (Partner), Sriram Ramachandran (Partner), and Maryam Naaz Quadri (Associate).