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Spice Route Legal is pleased to have advised Finwizz, India’s Leading Credit Intermediary, on its strategic merger with Mywish Marketplaces (Wishfin), to create an omni-channel financial product distribution powerhouse. Finwizz has established itself as a trusted platform for the distribution of credit products across India, with a robust direct selling agent (DSA) network across the… Continue reading Spice Route Legal Advises Finwizz on a Strategic Merger with Mywish Marketplaces

Spice Route Legal has advised ICICI Venture, on its investment in DentCare Dental Lab – a global leader in dental laboratory services – for its fund, India Advantage Fund 5. DentCare Dental Lab operates one of the world’s most advanced dental manufacturing facilities, spanning over 300,000 square feet and employing more than 4,000 skilled professionals.… Continue reading Spice Route Legal Advises ICICI Venture on its Investment in DentCare Dental Lab

INTRODUCTION Procurement of defence equipment is one of the most crucial parts in shaping India’s military capabilities, given the country’s complex security environment and rapidly evolving technological landscape. Historically, India has relied heavily on imports to meet its defence requirement, with 65-70% of its equipment sourced from foreign countries.1 Between 2019-2023, India was the world’s… Continue reading Regulations and Procedures Governing Defence Procurement in India – Part I

Spice Route Legal is pleased to have advised Aerem Solutions, a leading end-to-end rooftop solar power solutions provider, on its $11.7 million Series A fundraise. The funding round was led by Japan-based venture fund UTEC and saw participation from British International Investment (BII), Schneider Electric-backed SE Ventures, and Riverwalk Holdings, alongside existing investors Blume Ventures… Continue reading Spice Route Legal Advises Aerem Solutions on USD 11.7M Series A Fundraise Led by UTEC

Spice Route Legal is delighted to announce that Aadya Misra has been admitted into the firm’s equity partnership. Aadya’s elevation marks a significant milestone in recognition of her exceptional contributions to the firm’s market-leading Privacy, Data Protection and Cybersecurity, and her additional focus on Technology, Media, and Telecommunications (TMT) and Life Sciences practices  – all practices ranked… Continue reading Spice Route Legal Welcomes Aadya Misra to the Equity Partnership

Spice Route Legal is pleased to have advised Theatro, an artificial intelligence led voice-driven mobile communication solutions provider, on its acquisition by Motorola Solutions. This strategic transaction marks a significant milestone for Theatro, whose innovative platform leverages the Internet of Things (IoT) and artificial intelligence (AI) to enhance frontline workforce efficiency and safety. Theatro’s SaaS… Continue reading Spice Route Legal Advises Theatro on its Acquisition by Motorola Solutions

We are delighted to have advised Mintoak, a leading SaaS-based fintech platform empowering banks with value-added merchant services, on its 100% acquisition of DigiLedge, a cutting-edge blockchain-powered platform specialising in bill payments and Central Bank Digital Currency (CBDC) solutions.  We have acted on 9 fintech acquisitions in the last 12 months – and are presently… Continue reading Spice Route Legal Advises Mintoak on Its Acquisition of Blockchain-Powered Fintech Platform DigiLedge

Spice Route Legal is excited to have advised A23 Games (Head Digital Works Private Limited), one of India’s oldest and most prominent online skill-gaming companies, on its 100% acquisition of Adda52 (Deltatech Gaming Limited), a subsidiary of one of India’s largest gaming and hospitality companies, DeltaCorp Ltd. This transaction marks a significant milestone in the… Continue reading Spice Route Legal Advises A23 Games on Landmark Acquisition of Adda52

Introduction On 4th of February, 2025, the Securities and Exchange Board of India (“SEBI”) issued a circular (“Circular”) to update its framework on “Algorithmic Trading”. Since 2012, SEBI has required algos deployed by the stockbrokers to be registered with the stock exchanges. After brokers started providing access to APIs, retail investors started deploying their own… Continue reading REGULATING ALGO PROVIDERS: SEBI’S NORMS ON ALGORITHMIC TRADING