State Bank of India will sell a 1.42% stake in asset management unit SBI Funds Management to 30 investors for 16.55 billion rupees ($173.5 million) in a pre-IPO placement, the lender said on Thursday. The stake sale...
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Mukesh Bansal-led Nurix AI acquires Verloop to expand enterprise offerings
Myntra and Cult.fit founder Mukesh Bansal-led Nurix AI has acquired conversational AI firm Verloop as it looks to strengthen its voice and chat offerings for businesses in India and the Middle East. However, the...
IKS Health completes acquisition of TruBridge, Inc.
IKS Health announced the successful completion of its previously announced acquisition of TruBridge, Inc. TruBridge is a prominent provider of healthcare technology, including an electronic health record (EHR) and...
Sundrop Brands announces merger of subsidiaries
Sundrop Brands announced that the board of Del Monte Foods (DMF / Transferee Company), a material wholly-owned subsidiary company and Del Monte Foods India (North) (DMFN / Transferor Company), the wholly-owned...
Cult. Fit IPO: Actor Hrithik Roshan set to sell 6.33 lakh shares in Rs 3,500-4,000-crore offer
Fitness and active lifestyle platform Cult. Fit’s early investor and actor Hrithik Roshan is set to offload 6.33 lakh shares in the company’s Rs 3,500-4,000-crore public offer, its draft red herring...
BlackSoil’s NBFC arm forays into solar financing through Creditfair acquisition
BlackSoil has acquired Credit Fair’s solar financing business for about ₹45 crore, marking its entry into rooftop solar lending as it expands its retail and climate-focused loan portfolio. BlackSoil Group’s non...
Tata Digital to pare Cult.fit stake, marking first share sale in new-age company
Tata Digital previously forfeited shares and refrained from further investment in Cult.fit, leading to speculation about its confidence in the company. Mumbai: Tata Digital will offload about half of its stake in Cult...
Malabar Group companies’ merger gets CCI nod
The Competition Commission of India (CCI) on Tuesday said it has approved the merger of 51 Malabar Group’s companies into Malabar Gold and Diamonds. Most of the 51 Malabar companies are engaged in the jewellery...
CCI approves upGrad’s acquisition of Unacademy after months of review
Ronnie Screwvala-led upGrad has cleared the biggest regulatory hurdle in its proposed acquisition of Unacademy after receiving approval from the Competition Commission of India (CCI), paving the way for the education...
Inspira Global completes acquisition of Burger King India operator RBA
Restaurant Brands Asia Limited (RBA), the operator of Burger King in India and Burger King and Popeyes in Indonesia, on Tuesday announced the completion of the transaction under which Inspira Global, through its food...
Kedaara may lead race to acquire stake in Olive PharmaScience
The deal may value Olive PharmaScience at around ₹4,500 crore. Kedaara Capital Investment Managers Ltd is likely to emerge as the frontrunner to acquire a minority stake in Olive PharmaScience Ltd in a deal that values...
Info Edge to acquire edtech platform Coding Ninjas
Info Edge, the parent company of job portal Naukri.com, announced in an exchange filing on Monday that it will acquire edtech platform Coding Ninjas. Additionally, the company informed the bourses that it will commit...
