Grab announced on Tuesday its partnership with Vietnam’s MOCA Technology and Service company (Moca) for a mobile payment service in Vietnam, as the ride-hailing firm pushes to cement its position in the Southeast Asian...
VMware to acquire startup CloudHealth in push to grow cloud offerings
VMware Inc will acquire CloudHealth Technologies as part of the information technology company’s continued push into cloud-based software services, the company announced on Monday. The Palo Alto, California, company...
Warren Buffett set to pick up stake in Paytm
Warren Buffett’s Berkshire Hathaway Inc. is set to buy a small stake in One97 Communications Ltd, the parent of Paytm, making it the billionaire investor’s first investment in an Indian company, according to two people...
CareTech agrees to buy rival Cambian for up to $473 million
British social care services firm CareTech Holdings Plc (CTH.L) on Thursday agreed to buy rival Cambian Group Plc (CMBNC.L) in a deal that could be valued up to 372 million pounds ($472.66 million), as it looks to...
DoorDash raises $250 million in latest funding round at $4 billion valuation
Meal delivery service DoorDash Inc raised $250 million in a new round of funding co-led by Coatue Management and DST Global, valuing the company at $4 billion. DoorDash, whose investors include Japanese holding...
Scooter rental start-up Vogo raises Series A funds from Ola, Hero MotoCorp
Vogo, a scooter sharing start-up, has raised $6-7 million in a Series A funding round led by ANI Technologies Pvt. Ltd and Hero MotoCorp chairman Pawan Munjal, according to a person familiar with the matter. Matrix...
Rite Aid and Albertsons terminate merger amid opposition to deal
Drug store chain Rite Aid Corp and U.S. grocer Albertsons Companies Inc ABS.N agreed to terminate their merger agreement, the companies said on Wednesday, a little over 10 days after a shareholder advisory firm opposed...
IIFL Wealth in talks to acquire Chennai based Wealth Advisors
General Atlantic backed IIFL Wealth Management, is in final stages to acquire a majority stake in Chennai based Wealth Advisors, a private wealth and family officer manager, valuing it at Rs 500 crore. “The promoters...
Canadian building-interior maker DIRTT drops bid to sell itself
DIRTT Environmental Solutions Ltd confirmed on Wednesday it was no longer in deal talks after Reuters reported that the Canadian building-interior manufacturer had abandoned an effort to sell itself. Private equity...
HealthPlix raises $3 million from Kalaari, IDG Ventures
Health-tech start-up HealthPlix Technologies Pvt. Ltd has raised $3 million in a Series A funding round led by IDG Ventures India and Kalaari Capital. The company had earlier raised $0.5 million in three rounds of angel...
Samhi Group raises ₹650 crore debt from Piramal Capital to fund expansion plans
Piramal Capital and Housing Finance Ltd (PCHFL), a unit of Piramal Enterprises Ltd, has invested around ₹650 crore in Gurugram-based hospitality company Samhi Group, which owns several marque hotel properties such as...
Britain’s IWG gives three suitors more time to make takeover offers
London-listed serviced office provider IWG (IWG.L) has given three of its four suitors more time to make firm offers or walk away from bids for the company, the firm said on Saturday. TDR Capital, Terra Firma and...
