Acquisitions

News and Trends

ClearDekho Acquired by Jaipuria Group, Set for National Expansion

The group will acquire 100% stake in ClearDekho, with all existing shareholders expected to exit over the next two years.

News and Trends

AnyMind Group Acquires AnyReach to Bolster E-Gifting and E-Commerce Capabilities

The acquisition marks AnyMind's 10th overall and its fifth acquisition in Japan since its inception in 2016.

News and Trends

ITC to Acquire Mother Sparsh in Next 2-3 years, Increases its Stake to 49% by Additional Investment of INR 81 Cr.

ITC first invested in Mother Sparsh in 2021 as part of its strategy to expand in the natural personal care and digital-first brand segment

Growth Strategies

Dubai-Born Corporate Service Provider Creative Zone Acquired by Encor Group from Hong Kong

As part of the transition, all shareholders have fully exited and are no longer involved in Creative Zone's operations, the company stated in an email to Entrepreneur Middle East.

News and Trends

ITC Strengthens FMCG Portfolio with 100% Acquisition of Sresta Natural Bioproducts

The deal, valued at INR 472.50 crore on a cash-free, debt-free basis, is expected to be completed in the first quarter of FY 2025-26 or later, as mutually agreed.

News and Trends

Capgemini Strengthens Financial Crime Compliance Capabilities with Delta Capita BV Acquisition

Acquisition will help Capgemini to further support European based banking, insurance and pensions firms to comply with critical 'Know Your Customer' (KYC) regulatory standards and complex local legislation.

News and Trends

Dubizzle buys Property Monitor

Deal is for undisclosed sum.

News and Trends

Findi Acquires BANKIT for INR 160 Cr to Strengthen Financial Services Network

The move bolsters Findi's ambition to offer essential banking and payment services in underbanked and rural areas.

News and Trends

Maxposure Acquires London-Based Aviation XR Tech Firm Neutral Digital

The deal is expected to accelerate Maxposure's global expansion and unlock cross-selling opportunities.

News and Trends

SpaceBasic Acquires CAMPUS to Expand AI-Driven University Automation

The strategic acquisition will enable SpaceBasic to offer a fully integrated and connected campus experience, combining hostel operations with real-time student engagement tools.

News and Trends

AMD Strengthens AI Infrastructure with ZT Systems Acquisition

Frank Zhang, former Founder and CEO of ZT Systems, joins AMD as Senior Vice President of ZT Manufacturing, while Doug Huang, former President of ZT Systems, will take on the role of Senior Vice President of Data Center Platform Engineering.

Business News

'Futures Are Intertwined': Elon Musk xAI Buys His Own Social Media Platform, X, in a $33 Billion Deal

The deal values xAI at $80 billion and X at $33 billion.

Business News

An Nvidia Competitor Just Turned Down Meta's $800 Million Offer to Buy It. Here's Why.

The company's CEO is "confident" in its success, even as it competes with giants like Nvidia and AMD.

Business News

'Major Milestone': Dollar Tree Is Selling Its Family Dollar Chain For Over $1 Billion. Here's Why.

The buyers are private equity firms Brigade Capital Management and Macellum Capital Management.

News and Trends

Zaggle Acquires 38.34% Stake in Mobileware Technologies

This investment highlights Zaggle's ongoing strategy to expand its fintech capabilities and offer enhanced payment solutions to businesses.