Cyril Amarchand Mangaldas advises Accel on follow-on investment in FirstClub’s Series B round
FirstClub engages in the business of wholesale trading including sale of goods and merchandise through both online and offline channels.
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FirstClub engages in the business of wholesale trading including sale of goods and merchandise through both online and offline channels.
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Founded by Keshav Reddy, Equal AI started as a data-sharing and identity infrastructure company before entering the business of consumer AI systems in October, 2025. The Company’s AI caller assistant solution enables users to screen spam calls, identify callers, understand call intent and perform actions on behalf of users.
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The Company operates as a green molecules platform engaged in the production, processing, storage, supply, transport, distribution, and sale of hydrogen and its derivatives, along with related infrastructure business models including build-own-operate structures and associated environmental attribute services.
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Cyril Amarchand Mangaldas advised Indian Bank in connection with a lease rental discounting facility of up to INR 300 crore extended to Ambale Industrial and Logistics Parks Private Limited, a Welspun group entity.
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SAM advised SolarSquare on all legal aspects of the transaction, including the drafting, negotiation and finalisation of the share subscription agreement, shareholders’ agreement, share purchase agreements, founders’ employment agreements and other ancillary transaction documents. The Firm also conducted the vendor legal due diligence for the transaction.
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Sarvam AI is developing a full-stack, sovereign AI platform custom-tailored for Indian languages, data, and governance.
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The seminar will be addressed by Koji Kanazawa, Katsuya Hongyo, Takashi Oguchi, Jun Niizawa, Ronald Kaloostian and Yui Mimura from Chuo Sogo LPC, and Ashutosh Gupta and Saurav Bhaumik from Fox & Mandal.
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The Transaction is structured as an interconnected multi-jurisdictional acquisition, with simultaneous closing across jurisdictions.
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Cyril Amarchand Mangaldas (CAM) advised Union Bank of India in connection with a ₹2,443 crore loan facility extended to Ananthapuram II Power Transmission Ltd. for the development of the Renewable Energy Zone (REZ) Phase II transmission project.
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CAM successfully represented the BCCI in the present remand- proceedings, where comprehensive arguments were advanced demonstrating that the BCCI does not meet any of the mandatory conditions prescribed under Section 2(h) of the RTI Act, for being classified as a ‘public authority’.
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SAM advised Meta on all legal aspects and documentation relating to the establishment of the project, including the associated commercial, regulatory, SEZ and real estate aspects of the transaction.
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The project is expected to advance India’s energy security objectives, while also reflecting the government’s broader push for infrastructure development in the region, making it a project of both economic and geopolitical strategic significance.
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Following the transaction, Arai Solutions has become a wholly owned subsidiary of IKS.
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The transaction represents a significant cross-border collaboration between India and Israel in the automotive safety technology sector. The collaboration aims to accelerate the adoption of intelligent mobility and road safety solutions in India.
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ACME Solar Holdings Limited is a renewable energy company in India with a portfolio of solar, wind, battery energy storage system, hybrid and firm and dispatchable renewable energy projects.
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The project is expected to support grid stability and energy management objectives while contributing to the growth of utility-scale energy storage capacity in India.
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Inox Clean Energy Limited is part of the INOX Group’s renewable energy platform and is engaged in the development and operation of renewable energy projects across India. The financing is expected to support the group’s expansion strategy in the solar and wind energy sectors and strengthen its renewable energy portfolio.
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SAM advised the Triveni Group on all aspects of the transaction until receipt of the final NCLT Order, including structuring the composite scheme, drafting and finalising the scheme, advising on regulatory considerations, and assisting with obtaining approvals from the stock exchanges/ SEBI and the NCLT.
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The NCLAT held that the NCLT had failed to comply with the mandatory procedural safeguards applicable to contempt proceedings and, therefore, the impugned order could not be sustained. While setting aside the contempt order, the NCLAT also granted certain fact-specific directions in the matter.
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Launched at the FICCI Next-Gen Forensics Conference, the paper examines India’s fraud investigation framework and the growing challenges of technology-enabled financial crime
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