India’s largest watchmaker, Titan, will launch a ‘smartwatch’ — which it has jointly designed and built with global computing major HP Inc — in India and select international markets by December. With this...
Everstone Arm Acquires Stake In Massive Restaurants
F&B Asia Ventures, a unit of private equity major Everstone Capital, is picking up 50% stake in Massive Restaurants, which runs the Indian-themed Masala Library, Made in Punjab and Farzi Cafe chain of restaurants...
Helpchat Acquires Deal Discovery App Niffler
Mumbai based Niffler, an app to discover deals and discounts across offline stores, has been acquired by personal assistant app Helpchat, for an undisclosed amount. The deal will enable Helpchat (operated by Coraza...
OrbiMed Invests In Online Pharmacy Startup NetMeds Marketplace
Online pharma aggregator Netmeds.com, has raised about R325 Cr ($50 Mn) from healthcare focused mid-stage PE firm OrbiMed. The round also saw the participation from Pradeep Dadha Group and boutique investment bank MAPE...
The Tenon Group Acquires Stake In Singapore Based Frontline Security
Security & Facility Management Corporation, The Tenon Group has acquired 51% stake in Singapore based Frontline Security Pte Ltd, for a consideration of about R19 Cr (GBP 1.9 Mn) in an all equity deal. Tenon...
Antworks Acquires US Based Benchmark Systems
Business process management and technology startup Antworks, has acquired US based healthcare applications service provider, Benchmark Systems, in an all cash deal, estimated at about R33 Cr. Antworks also expects to...
Blue Star Acquires Stake In Oman Electro Mechanical Contracting
BSE listed Blue Star Ltd, today announced that it has acquired 51% stake in Oman Electro Mechanical Contracting Co LLC, for an undisclosed amount. The newly formed JV entity named Blue Star Oman Electro Mechanical...
CX-led Investors To Acquire Stake In Cremica
India focused PE firm CX Partner is leading a clutch of investors to acquire 48% in Punjab-based food major, Cremica Food, for a consideration of about R650 Cr ($100 Mn). The investors will buy shares from Motilal Oswal...
Nihilent Technologies Acquires Stake In Intellect Bizware
Pune based consulting and solutions integration company Nihilent Technologies, has acquired 51% stake in Mumbai-based specialist SAP consulting and services company, Intellect Bizware, for an undisclosed amount. The...
Temasek, Vy Capital Invest In Zomato
Online restaurant search and review portal Zomato, has raised about R400.29 Cr ($60 Mn) in a fresh round of funding led by Temasek Holdings, and existing investors Vy Capital. The proceeds will be utilize in its new...
Gaja Capital Invests In SportzVillage
Bengaluru based Junior Sports and Services, which works under the brand name ‘SportzVillage’, has raised about R65 Cr from mid stage PE firm Gaja Capital. The proceeds from the latest round will be used to...
TCS launches center for IoT solutions in Hyderabad
Tata Consultancy Services (TCS) today announced the launch of a new center of excellence for internet of things (IoT) solutions in collaboration with Intel. The state-of-the-art center will be located at the TCS...