Bengaluru-based digital banking platform Freo has acquired the credit marketplace IndiaLends. The platform will operate as a different entity under Freo. The acquisition amount was not disclosed. IndiaLends, founded by...
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UpGrad to acquire Unacademy for Rs 2,055 crore, 90% below peak valuation
Upskilling platform UpGrad is set to acquire Unacademy in an all-stock deal after many months of negotiations, valuing the Bengaluru-based edtech at 2,055 crore ($218 million), said people with knowledge of the. The...
Netradyne acquires Moove to expand AI fleet safety business in Europe
SoftBank-backed Netradyne has acquired Moove Connected Mobility, expanding its presence in Europe as it looks to grow its AI-powered fleet safety business. The deal combines Netradyne’s edge intelligence platform with...
Blue Owl’s Stack to consider $30 billion sale of Asia operations, Bloomberg News reports
Stack Infrastructure, a data centre firm owned by Blue Owl Capital, is considering its options, including a sale of its Asia operations in a deal valued at more than $30 billion, Bloomberg News reported on Tuesday...
Brazil pulp giant Suzano set to win full EU nod for $3.4 billion Kimberly-Clark deal, sources say
Brazil’s Suzano, the world’s largest pulp maker, is set to win unconditional EU antitrust approval for its $3.4 billion joint venture with U.S. consumer goods giant Kimberly-Clark, two people with knowledge...
Prysmian explores $4.68 billion M&A as hyperscaler deals near, Bloomberg News reports
Italian cable maker Prysmian is exploring the market for a potential acquisition of about 4 billion euros ($4.68 billion) enterprise value, CEO Massimo Battaini told Bloomberg News in an interview published on Tuesday...
Crypto exchange Bullish to buy Equiniti for $4.2 billion in capital markets push
Bullish said on Tuesday it will buy transfer agent Equiniti in a deal valued at $4.2 billion, as the cryptocurrency exchange looks to establish infrastructure to bridge blockchain technology with traditional capital...
Australia’s DigiCo to sell US data centre for $750 million; shares soar
Australia’s DigiCo Infrastructure said on Wednesday it would sell its Chicago data centre for $750 million to pay down debt and fund the development of its Sydney site, sending its shares soaring more than 25%...
Anthropic in talks to buy AI inference chips from UK startup Fractile: Report
Anthropic has recently held discussions with Fractile to buy the U.K. startup’s inference chips designed to run AI models more efficiently, The Information reported on Saturday, citing people familiar with the matter...
CCI rejects AGI Greenpac plea on INSCO green channel nod for HNG deal
Fair trade regulator CCI, for the second time, rejected a plea filed by AGI Greenpac Ltd challenging the green channel approval granted to the Independent Sugar Corporation Ltd for the acquisition of Hindusthan National...
Nebius to buy Eigen AI for $643 million to boost inference and US expansion
Amsterdam-based AI infrastructure firm Nebius said on Friday it had agreed to acquire inference and optimization startup Eigen AI in a deal valued at about $643 million, strengthening its push into production-grade...
Palo Alto Networks to acquire AI infra firm Portkey; valuation may double to $140 million
US-based cybersecurity company Palo Alto Networks plans to acquire AI infrastructure startup Portkey, as it looks to expand its capabilities in protecting AI agents that are increasingly being adopted by enterprises...
