Westbridge Capital-backed edtech unicorn PhysicsWallah Pvt. Ltd (PW), on Thursday, said that it has acquired iNeuron Intelligence Pvt. Ltd to expand its offerings in the upskilling category. The deal is valued at around...
Jashvik Cap to acquire 30% in Jabsons
Jashvik Capital, a growth private equity firm, is acquiring a significant minority stake in Jabsons Foods Pvt. Ltd, an ethnic savoury snacks firm based in Bharuch, Gujarat, a person in the know said. This is Jashvik...
Florintree Advisors buys stake in Cybrilla
Florintree Advisors, led by former Blackstone India head Mathew Cyriac, has invested about $2 million ($16.5 million) for a minority stake in Cybrilla Technologies Pvt. Ltd, which provides fintech infrastructure to...
NCLAT rejects Promoters plea challenging insolvency of Srei group cos
The National Company Law Appellate Tribunal (NCLT) on Wednesday rejected Srei Infrastructure Finances’ promoter Adisri Commercial’s plea challenging the Kolkata National Company Law Tribunal’s 8 October 2021 insolvency...
Shyam Metalics acquires Mittal Corp
Kolkata-headquartered integrated metal producer Shyam Metalics and Energy Ltd has announced the acquisition of Indore-based Mittal Corp Ltd to expand its footprint in stainless steel, wire rod and bar mill businesses...
Mensa acquires MensXP, iDiva, and Hypp from Times Internet
Mensa Brand Technologies Private Limited, which owns a clutch of direct-to-consumer companies under Mensa Brands, has partnered with India Lifestyle Network to acquire lifestyle portals MensXP, iDiva, and creator...
Indifi Technologies picks minority stake in BizeeBuy
Accel-backed lending platform Indifi Technologies Pvt Ltd announced that it has acquired a minority stake in Intellifi Technologies Private Limited, which operates B2B (business-to-business) service platform BizeeBuy...
Binance.US to Buy Assets of Bankrupt Crypto Lender Voyager, Eyes More Acquisitions
The U.S. arm of Binance, the world’s largest cryptocurrency exchange by trading volume, has agreed to buy the assets of bankrupt crypto lender Voyager Digital. Voyager resumed its search for a buyer after the collapse...
Samara Cap leads race for Birla’s insurance biz
Amazon.com Inc.’s Indian private equity partner Samara Capital has emerged as the frontrunner to buy the insurance broking unit of Aditya Birla Capital Ltd, two people directly aware of the development said on the...
Jet engineers move SC against resolution plan
An association of Jet Airways maintenance engineers has filed a petition in the Supreme Court against the airline’s resolution plan, claiming the plan ignores workers’ rights, and the liquidation value of the debt-laden...
KFin promoter to offload small stake via secondary sale
KFin Technologies’ (KFintec) initial public offering will open on Monday, December 19. This issue will be an offer for sale by the promoter General Atlantic Singapore to offload stake amounting to ₹1500 crore through...
How HDFC, HDFC Bank merger will shake up India’s debt market
India’s biggest merger ever will likely take away from the rupee bond market one of its top issuers, an absence that may weigh on debt sales and arrangement fees for banks. The consolidation of Housing Development...
