The Competition Commission of India (CCI) on Tuesday said it has cleared four deals, including Adani Power’s proposed acquisition of GVK Energy and the purchase of a stake in Ctrl S Datacenters by an arm of Canada...
Economic Times
Peak XV, Sequoia, other funds to sell a part of Groww stakes in Rs 4,750-cr deal
A clutch of funds, including Peak XV Partners and Sequoia, would be selling a portion of their stakes in new-age digital brokerage Groww in a ₹4,750-crore block deal Tuesday, according to a term sheet of the proposed...
Mark Zuckerberg backed-Cellular Intelligence acquires Novo Nordisk’s Parkinson’s cell therapy
Meta CEO Mark Zuckerberg-backed Cellular Intelligence has acquired Danish drugmaker Novo Nordisk’s cell therapy candidate for Parkinson’s disease, the biotech firm said on Monday. Last October, Novo Nordisk...
Nexus Trust may buy Galaxy’s Guwahati project for ₹1,300 crore
Blackstone-backed Nexus Select Trust is in the final stages of acquiring Galaxy Group’s mixed-use asset in Guwahati for around ₹1,300 crore, demonstrating evident institutional appetite for consumption-themed...
Avi Polymers to acquire 90% stake in JVTR Consultants at Rs 500 crore valuation
Avi Polymers on Thursday said its board has approved the acquisition of a 90 per cent stake in JVTR Consultants through a share swap arrangement at an indicative valuation of Rs 500 crore. The proposed acquisition marks...
Dorf-Ketal enters water treatment space with Vasu Chemicals acquisition deal
Dorf-Ketal Chemicals India, a global specialty chemicals company, has acquired the water treatment business of Vasu Chemicals LLP, marking its entry into the industrial water treatment sector in India. Vasu Chemicals is...
EQT emerges sole bidder for OmniActive Health Technologies
Swedish private equity firm EQT has emerged as the sole contender to acquire Sanjaya Mariwala-promoted OmniActive Health Technologies, after the only competing bid for the nutraceuticals manufacturer and exporter was...
InMobi acquires AI platform MobileAction to drive growth in iOS ecosystem
Softbank-backed advertising technology firm InMobi has acquired San Francisco-based MobileAction for an undisclosed amount to strengthen its presence in Apple’s iOS space, the company said on Thursday. Founded in...
Waaree Renewable to acquire 55% stake in Associated Power Structures for Rs 1,225 crore
Waaree Renewable Technologies on Thursday said it has inked pacts for the acquisition of a 55 per cent stake in Associated Power Structures Pvt Ltd for Rs 1,225 crore. According to a regulatory filing, the company has...
UpGrad, Unacademy file application with CCI for merger
Ronnie Screwvala-founded higher learning firm UpGrad and test-prep startup Unacademy have sought antitrust approval from the Competition Commission of India (CCI) for their proposed merger, showed documents published by...
Emami to acquire majority stake in personal care co IncNut Digital for ₹321 cr
Emami will acquire a 60% stake in IncNut Digital, owner of direct-to-consumer beauty and personal care brands Vedix and SkinKraft, for ₹321 crore in an all-cash deal. The Kolkata-based FMCG company will acquire the...
Digital banking platform Freo acquires credit marketplace IndiaLends
Bengaluru-based digital banking platform Freo has acquired the credit marketplace IndiaLends. The platform will operate as a different entity under Freo. The acquisition amount was not disclosed. IndiaLends, founded by...
