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...
Economic Times
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...
NCLT upholds Aanand Rai’s plea in row with Eros International
The National Company Law Tribunal (NCLT) has allowed filmmaker Aanand L. Rai’s application to refer a dispute between him and a listed movie production house Eros International Media Ltd (EIML) to arbitration. The...
Vertex Group acquires $4M digital CX business
Times Square-headquartered multinational tech company Vertex Group has expanded its presence in India’s BPM sector with its second acquisition of the year, a digital CX business currently valued at $4 million. The...
UpGrad to acquire Unacademy for Rs 2,055 crore, 90% below peak valuation
Upskilling platform UpGrad is set to acquire Unacademy in an all-stock deal after many months of negotiations, valuing the Bengaluru-based edtech at 2,055 crore ($218 million), said people with knowledge of the. The...
Long Lake to buy Amex GBT for $6.3 billion in AI travel bet
Investment and technology firm Long Lake said on Monday it would buy corporate travel operator American Express Global Business Travel for $6.3 billion in an all-cash deal, betting that artificial intelligence can...
Carlyle acquires Knack RCM and Equalize RCM to create an AI-native, global multi-specialty healthcare RCM
Global investment firm Carlyle today announced it has acquired a majority stake in Knack RCM (Knack) and EqualizeRCM (Equalize), two leading US healthcare revenue cycle management (Reverse Charge Mechanism ORRCM))...
Zappfresh in talks for majority stake in GM Foods
Direct-to-consumer fresh meat, seafood and snacks delivery company Zappfresh, owned by DSM Fresh Foods, is in talks to acquire a majority stake in Sonipat-based GM Foods in Haryana, which makes ready-cook breakfast...
China’s TCL in talks with local companies to sell 51% in Indian plant
China’s top television maker TCL Electronics is in talks with several Indian companies to sell a 51% stake in its display manufacturing plant in the country, seeking $600-800 million (₹5,708-₹7,611 crore) for the...
Anthropic in talks to buy AI inference chips from UK startup Fractile: Report
Anthropic has recently held discussions with Fractile to buy the U.K. startup’s inference chips designed to run AI models more efficiently, The Information reported on Saturday, citing people familiar with the matter...
CCI rejects AGI Greenpac plea on INSCO green channel nod for HNG deal
Fair trade regulator CCI, for the second time, rejected a plea filed by AGI Greenpac Ltd challenging the green channel approval granted to the Independent Sugar Corporation Ltd for the acquisition of Hindusthan National...
