HomeLane, a technology backed venture offering customizable, home setup solutions including kitchens, wardrobes and entertainment units. has acquired tech startup Doowup, for an undisclosed amount. Operating in the $10...
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JMJ Group’s Viiking Ventures Acquires Goa Kings for R90 Cr
Viiking Ventures has acquired Goa Kings beer from Impala Distillery and Brewery for R90 Cr. The brand will be owned by Viiking Ventures while its production will still be done by Impala. It will invest an additional...
Viacom Inc Acquires 50% Stake In Prism TV For R940 Cr
US based entertainment giant Viacom Inc has acquired 50% of Prism TV which is an entity of Reliance Industries owned Network18 Group for a total consideration of R940 Cr. The remaining 50% will continue to be owned by...
MakeMyTrip To Acquire Stake In HolidayIQ
Online travel portal MakeMyTrip, is picking up 28% stake in travel community portal, HolidayIQ, for a consideration of about R95 Cr ($15 Mn), valuing the company at around R340 Cr. The deal is expected to be completed...
Thomas Cook Acquires Kuoni’s Travel Business In India & Hong Kong
ravel and tour operator Thomas Cook, has entered into an agreement to buy Kuoni Group’s travel & tour business in India and Hong Kong for R535 Cr ($84 Mn). Post deal, Thomas Cook will take on all of the...
Flipkart Acquires Payment Services Firm FX Mart
Indian eCommerce giant Flipkart, has acquired payment services start up FX Mart Pvt Ltd. Singapore registered Flipkart Payments Pvt Ltd, has paid about R45.4 Cr for a majority stake in FX Mart. With the deal, two senior...
Toshiba Corporation Acquires Majority Stake In UEM India
Japanese firm Toshiba, today announced that it has acquired additional 54% stake in UEM India, an international water services company, from the Founders and India Value Fund. The deal size have been remained...
DieGermany based Man sel Acquires MaxWatt Turbines
MAN Diesel & Turbo SE, a wholly-owned subsidiary of MAN SE (part of Volkswagen AG) has acquired 100% stake in Bengaluru-based MaxWatt Turbines for an undisclosed amount. With the deal, MaxWatt will integrate turbo...
Wipro Acquires Denmark based Design Firm Designit
Country’s third largest software company Wipro, through its digital unit Wipro Digital, has acquired Denmark based global strategic design firm Designit for a consideration of about R594 Cr. Founded in 1991 by Mikal...
Fairfax India To Acquire 74% Stake In National Collateral Management Services
Canada’s Fairfax India Holdings Corporation is planning to acquire another 26% stake in Mumbai based financial services firm IIFL Holdings, for a consideration of about R1600 Cr FIH Mauritius Investments, a wholly...
Australian Future Fund Invests In Applied Solar
Applied Solar Technologies, a Delhi based solar power company has raised R256.36 Cr ($40 Mn) in a new round of funding led by Australian government’s sovereign wealth fund Future Fund, alongwith existing investors...
Foxconn Technology, Others May Invest In Greendust
Delhi based Reverse Logistics Company Pvt Ltd (RLC), which operates under the brand GreenDust, an e-commerce platform for refurbished goods, is planning to raise about R460 Cr ($65 Mn – $70 Mn). The company is in...