Acquisitions: Page 3

News and Trends

KiranaPro Acquires Joper.app to Strengthen Hyperlocal Grocery Delivery Network

This strategic move is set to bolster KiranaPro's capabilities in vendor acquisition, hyperlocal marketing, and efficient grocery delivery while expanding its service footprint across India.

News and Trends

ITC Acquires Prasuma to Bolster its Frozen Foods Portfolio

ITC will acquire an initial tranche of 43.8% upfront, with the remaining stake to be purchased in tranches by June 2028, subject to valuation parameters.

News and Trends

Adar Poonawalla Acquires 20% Stake in AstaGuru to Transform Luxury Auction Space

The collaboration will drive growth across various verticals and categories, leveraging research-driven strategies and AI-powered digital enhancements to elevate user experiences.

News and Trends

TVS Holdings Acquires More than 80% Stake in Home Credit India for INR 554 Crore

The transaction was funded through a combination of the proceeds from the recent sale of TVS Holdings' real estate assets and borrowings from capital markets.

News and Trends

One Point One Solutions to Acquire Business Process Consulting and Management Firm for INR 261 Cr

This acquisition aims to bolster One Point One's service offerings, particularly in the growing healthcare and financial services sectors.

News and Trends

MapmyIndia Acquires 9.37% Stake in SimDaaS

MapmyIndia will invest INR 3 crore in a mix of equity shares and compulsorily convertible preference shares (CCPS) in SimDaaS. The acquisition is expected to bolster MapmyIndia's business portfolio.

News and Trends

Red.Health Acquires Majority Stake in TACT Academy to Strengthen Emergency Care Training

The strategic move aims to create a global center of excellence in allied healthcare, emphasising emergency medical services and pre-hospital care, while building a skilled workforce to address healthcare challenges in India and globally.

News and Trends

Everstone Capital Acquires Majority Stake in Wingify to Boost Global SaaS Growth

The deal includes a significant investment aimed at accelerating product innovation and expanding VWO's global reach.

News and Trends

HUL Acquires Skincare Brand Minimalist in INR 2,955 Cr Deal to Expand Beauty Portfolio

HUL has signed a share purchase agreement to acquire 90.5% of Minimalist's shares for INR 2,670 crore through a secondary buyout, complemented by a primary infusion of INR 45 crore into the company.

News and Trends

DeHaat Sets Benchmark in Agritech with AgriCentral Acquisition

This strategic acquisition positions DeHaat as India's largest full-stack agritech platform, significantly expanding its digital capabilities and farmer network.

News and Trends

Milk Mantra Joins Hatsun Agro as Wholly-Owned Subsidiary in INR 233 Cr Deal

The deal is aimed at expanding HAP's presence in Eastern India, particularly in Odisha, where Milk Mantra's flagship brand 'Milky Moo' enjoys a strong market presence.

News and Trends

Findi Strengthens Financial Inclusion Footprint with Bankit Acquisition

With this acquisition, Findi will triple its merchant network to over 1,80,000 partners, extending its reach to 12,000+ pin codes, a sixfold increase in coverage.

Starting a Business

Is Acquiring a Business Right For You? Here's How to Know If You Should Buy a Business or Start From Scratch

Building a business isn't for everyone, and neither is acquiring one. Some people are better suited to doing things solo and in their own way. Here's how you know which is right for you.

News and Trends

Amazon to Acquire Bengaluru-Based Digital Lending Firm Axio

Amazon already holds an 8% stake in Axio, acquired during its INR 144 crore extended Series C round in 2018.