Acquisitions

News and Trends

Coca-Cola Sells 40% Stake in Indian Bottling Unit to Jubilant Bhartia Group

While the financial details were not officially disclosed, media reports peg the deal's valuation at around INR 10,000 crore.

News and Trends

MPL Acquires Stake in CloudFeather Games to Enhance Skill-Gaming Ecosystem

MPL integrates CloudFeather's advanced gaming infrastructure and liquidity solutions to enhance platform stability and elevate the gaming experience for its 120 million users across India, the US, and Nigeria.

News and Trends

Metropolis Healthcare Acquires Core Diagnostics for INR 246.8 Cr

The deal will be financed through a combination of cash and equity, with 55% of the transaction in cash and the remaining 45% through an equity swap.

News and Trends

Uniphore Acquires ActionIQ and Infoworks to Launch Zero Data AI Cloud

This innovation addresses enterprise challenges such as data access, accuracy, and sovereignty, the company announced in a statement.

News and Trends

Amazon India Acquires Prime Land for Hyperscale Data Centre in Mumbai Worth INR 450 Crore: Report

Last year, the company secured a four-acre land parcel in Mumbai's Powai suburb from Larsen & Toubro (L&T) through an 18-year lease, committing to INR 562 crore in rental payments.

News and Trends

NODWIN Gaming Acquires Trinity Gaming in INR 24 Cr Deal to Strengthen Gaming Ecosystem

The acquisition involves a 100% purchase of Trinity's share capital, combining a cash payment of INR 4.8 crore and a stock swap worth INR 19.2 crore. Founders Abhishek Aggarwal and Shivam Rao will retain leadership roles while becoming shareholders in NODWIN Gaming.

News and Trends

Mirae Asset Financial Group Completes Acquisition of Sharekhan

Sharekhan, a key player in stockbroking, commodities, and currency derivatives, will leverage Mirae's global expertise and reach to expand its business.

News and Trends

NTT DATA Acquires Niveus Solutions to Bolster Google Cloud Expertise

Specialising in Google Cloud Platform (GCP) services, Niveus Solutions will enhance NTT DATA's cloud capabilities, bringing 1,000 skilled GCP engineering professionals with expertise in native modernisation, data engineering, and AI.

News and Trends

Moglix Acquires Khatema Fibres for INR 80 Cr to Expand Sustainable Packaging Portfolio

The acquisition aims to enhance sustainable packaging, strengthen industrial procurement leadership, expand Next Day Delivery to 40 cities, and foster community growth through improved infrastructure and streamlined operations.

News and Trends

360 ONE Asset Acquires Stake in OneSource Specialty Pharma to Propel Biologics Innovation

OneSource is one of the few Indian CDMOs capable of developing and manufacturing advanced products such as GLP-1 drugs, similar to the compounds found in the popular diabetes and obesity drug, Ozempic.

News and Trends

The Good Glamm Group Completes 100% Acquisition of The Moms Co.

In October 2021, The Good Glamm Group had acquired a majority stake in The Moms Co. through a cash and stock deal, which resulted in partial exits for the brand's founders and full exits for investors like DSG Capital and Saama Capital.

News and Trends

MakeMyTrip Acquires Happay Expense Management Platform from CRED to Enhance Corporate Travel Solutions

Under the agreement, the Happay brand, its business operations, and a dedicated team will transition to MakeMyTrip. Happay's payments business and associated team, however, will remain with CRED.

News and Trends

Blox Acquires 11% Stake in Guardians for USD 12 Mn, Eyes 50% Ownership in 3 Years

The strategic acquisition positions Blox and Guardians as India's largest real estate sellers, managing around 25,000 home sales annually with a combined gross transaction value (GTV) of USD 2 billion in the primary residential market.

News and Trends

Kovai.co Acquires SaaS Startup Floik to Boost Document360's Knowledge Management Capabilities

Founded in 2022 by Vartika Bansal and Vidyasankar Krishnamurthy, Floik, backed by Elevation Capital, claims to have catered to over 8,000 users globally with interactive product demos and guides.

News and Trends

BrahmVeda Ventures Acquires Vedvaani to Pioneer AI-Driven Astrology Solutions

The acquisition aims to accelerate Vedvaani's growth, enhancing the app's reach and delivering personalised Astro AI insights to a global audience.