Greenko Group has set up a joint venture (JV) with Belgium’s John Cockerill for electrolyzers as part of its green hydrogen and ammonia manufacturing plans. The Belgium-based maker of high-capacity alkaline...
Multiples-backed MoEngage raises $30 mn from Steadview Capital, others
MoEngage, Bengaluru-based customer analytics and cross-channel engagement platform has raised $30 million in a funding round led by Steadview Capital at twice the valuation from its earlier C1 fundraise of $32.5 million...
IL&FS in deal to transfer first road asset to InvIT for over ₹370 crore
The IL&FS Group has entered into a share purchase agreement with Axis Trustees Services Ltd for sale and transfer of its entire holding in Moradabad Bareilly Expressway Ltd for ₹373.59 crore. The sale marks the...
Saint-Gobain Agreed to Buy GCP Applied Technologies
Compagnie de Saint-Gobain SA said Monday that it has agreed to acquire GCP Applied Technologies in a deal valued at around $2.3 billion. The French construction-materials company plans to take over all outstanding...
Pocket FM raises $22.4 million in Series B funding round
Audio-based over-the-top (OTT) platform, Pocket FM, has raised $22.4 million as part of its Series B funding round led by Lightspeed, the company said on Monday. The Series B round also saw participation from Times...
SoftBank to invest $50 mn in SaaS company SenseHQ
SoftBank Vision Fund 2, backed by Japan’s SoftBank Group Corp., will invest $50 million in software-as-a-service (SaaS) firm SenseHQ at a valuation of more than $500 million, a senior company executive said. SenseHQ...
Apollo to buy Griffin Capital units in push to reach wealthy individuals
Apollo Global Management Inc. has agreed to buy the U.S. wealth distribution and asset-management businesses of Griffin Capital Co., marking a big step in the investment giant’s plan to expand its offerings for wealthy...
Swiggy to invest $700 mn in quick delivery biz Instamart
Swiggy, which is in the midst of raising a larger funding round, said on Thursday it will invest $700 million in its express grocery delivery service Instamart as it looks to double down on non-food delivery categories...
Britain’s Blue Prism agrees to $1.65 billion takeover by SS
Software group Blue Prism agreed to a 1.24 billion pounds ($1.65 billion) takeover offer from SS&C Technologies on Wednesday, withdrawing its backing for a bid from rival suitor Vista. U.S.-based fintech company...
UK competition regulator orders Facebook to sell Giphy
The UK’s Competition and Markets Authority (CMA) has asked Meta (formerly Facebook) to sell GIF database and search engine Giphy, a company that Meta acquired about a year and a half ago. The competition regulator said...
Cred to buy expense management firm Happay
Cred, a credit card bill payments platform, will buy Happay in a cash and stock deal, the company said in a statement on Wednesday, valuing the expense management firm at approximately $180 million. Post the...
Advent creates Modenik by merging Dixcy and Gokaldas
Private equity firm Advent International has merged its portfolio companies Dixcy Textiles and Gokaldas Intimatewear to create Modenik Lifestyle which will manufacture intimate-wear and casual clothing for men and women...
