Razorpay, a leading payment and banking platform for businesses has acquired IZealiant Technologies, a leading fintech startup that provides payments technology solutions for banks, for an undisclosed amount. Founded in...
Licious raises $150 mn to invest in technology and strategic acquisitions
Licious, India’s largest tech-first, fresh animal protein brand, has raised $150 million in a Series F2 funding round. This round of fundraise comes just 6 months after the company became the first direct-to-consumer...
Persistent Systems to acquire US cloud player MediaAgility for $71.71 mn
Persistent Systems announced the acquisition of Princeton, New Jersey-based MediaAgility, a global cloud transformation services provider with expertise building scalable, cloud-based solutions as a Google Cloud Premier...
Curefoods acquires majority stake in milkshake brand Frozen Bottle
Cloud kitchen start-up Curefoods has acquired a majority stake in milkshake brand Frozen Bottle. Founded by Cultfit co-founder and former Flipkart executive Ankit Nagori in 2020, Curefoods has acquired 20 food brands to...
CCI clears Amazon’s proposal to buy Catamaran’s stake in Cloudtail parent
The Competition Commission of India (CCI) has cleared Amazon’s proposal to acquire Catamaran Ventures’ entire stake in Prione Business Services Pvt. Ltd., the joint venture between Infosys co-founder N R Narayana...
Zydus unit to acquire brand from US-based BridgeBio Pharma
Zydus Lifesciences on Tuesday said its subsidiary has inked a pact to acquire a brand from the US-based BridgeBio Pharma. Sentynl Therapeutics, Inc — a US-based wholly-owned subsidiary of Zydus Lifesciences...
Beefing up its cybersecurity, Google buys Mandiant for $5.4-billion
Google is fortifying its cloud services with a $5.4 billion acquisition of the cyber security firm Mandiant, the companies announced Tuesday. The acquisition is the first of many that analysts foresee in the cyber...
FRL-Reliance merger: SC defers hearing on Amazon’s plea for 10 days
The Supreme Court on Thursday took note of the submission of US e-commerce major Amazon and adjourned by 10 days the hearing on its plea against the Delhi High Court’s order staying the arbitration proceedings...
Bajaj Hindusthan Board gives in-principle nod for capital restructuring
Bajaj Hindusthan Sugar, India’s largest sugar manufacturer, on Thursday received the Board’s in-principle nod for exploring options for capital restructuring, resolution plan for debt and other corporate...
Mobile Premier League forays in Europe with acquisition of GameDuell
E-sports company Mobile Premier League on Monday announced its foray into Europe with the acquisition of Germany-based digital gaming company GameDuell for an undisclosed amount. With this acquisition, Mobile Premier...
Airtel shareholders approve Google investment, Rs 1.17 tn biz deals
Bharti Airtel shareholders have approved the issue of preferential shares to Google for its about Rs 7,500 crore investment in the company to buy 1.28 per cent stake. A special resolution to approve Google’s...
CCI does not have powers to keep own order in abeyance: Amazon tells NCLAT
Amazon on Friday questioned Competition Commission’s decision to keep in abeyance the more than two-year-old approval for the e-commerce major’s deal with Future Coupons Pvt Ltd (FCPL), arguing that the...
