Invesco, the largest shareholder of Zee Entertainment Enterprises (ZEEL), has raised questions over the company’s proposed merger with Sony Pictures, saying the transaction is not in the best interest of all...
Graphy acquires edtech platform Spayee for $25 million
Graphy, an Unacademy Group company, on Monday, said it has acquired edtech platform Spayee for USD 25 million (about Rs 187.8 crore). Post the acquisition, Spayee will continue to operate independently, a statement said...
HC stays criminal proceedings initiated by Vindhya Telelinks subsidiaries
The Calcutta High Court, on Friday, stayed a criminal petition against “directors or erstwhile directors” on the board of three M P Birla group companies. The petition was filed by Vinay Sureka in Calcutta...
CSS Corp looking at tuck-in acquisitions to enhance offerings: CEO
Global customer experience and technology services provider CSS Corp is exploring making some tuck-in acquisitions to enhance its offerings and reach new customers, its CEO Sunil Mittal said. A tuck-in acquisition...
Robotics startup Ishitva raises $1mn in pre-series A funding led by IPV
Ahmedabad-based robotics startup Ishitva raised $1 million in pre-series A funding round led by Inflection Point Ventures (IPV). Ishitva is an OEM operating in dry waste sorting technology using AI, ML, IoT industry 4.0...
What’s a SPAC and how does it help startups in raising money? Decoded
SPAC is the new buzzword in the deal-making space. It stands for a special-purpose acquisition company and it is a new way for a company to list in public markets. It is becoming very popular with founders in India and...
US-based Dairy.com buys 100% stake in Mr Milkman in first India investment
US-based dairy technology, services, and intelligence provider, Dairy.com, has made its first investment in India with the acquisition of Mr Milkman, a last-mile dairy supply chain SaaS platform. The company has...
Esper raises $60 million in Series C funding led by Insight Partners
India and US-based Esper, the DevOps platform for devices, raised $60 million in Series C funding led by Insight Partners, with participation from existing investors including Scale Venture Partners, Madrona Ventures...
Metlife to hike its stake in PNB Metlife to 47.32% in Rs 1,906 cr deal
Metlife International Holdings is looking to acquire the combined 15.27 per cent shareholding of IGE (India) Private Limited and Elpro International Limited in PNB Metlife India Insurance company for a cash...
Tech Mahindra to acquire Beris Consulting for around Rs 60 crore
IT company Tech Mahindra will acquire IT consultancy service provider Beris Consulting Gmbh for 7 million euros or about Rs 60 crore through its German subsidiary, the company said in a regulatory filing. Beris has over...
Pandemic recovery fuels deal craze as third-quarter M&A breaks all records
Global mergers and acquisitions hit new record highs in the third quarter as companies and investors shaped their post-COVID future through transformative deals while their advisers struggled to cope with transaction...
Emami eyes entry into new segments via acquisitions, investment in startups
Kolkata-based FMCG firm Emami is on the lookout for acquisition opportunities that may even pave an entry into new categories. Acquisitions could be in the areas of healthcare and personal care where Emami is currently...
