Acquisitions: Page 9

Leadership

Follow The Leader: Mohammad A. Baker, Deputy Chairman and CEO, GMG

"GMG is fundamentally a growth company with long-term global ambitions."

News and Trends

Titan Acquires Additional 27.18% Stake In CaratLane

With this deal, the shareholding of Titan in CaratLane has increased from 71.09% to 98.28%

News and Trends

CarTrade Acquires 100% Stake In OLX's Classified And Auto Business In India For INR 535.54 Crore

The platform attracts approximately 35 million average monthly unique visitors, approximately 32-plus million listings a year, and around 30,000 dealers, as per an official statement

News and Trends

Manipal Group's Ranjan Pai To Invest INR 250 Crore In Baby Care Brand Firstcry: Report

According to the report, the sale is likely to cross INR 500 crore

Growth Strategies

Getting One's Ducks In A Row: Tracking A Lux Journey, From Startup To Acquisition

The Qode co-founders share their experience to offer insights for other entrepreneurs navigating their way from startup to stability, growth, and success.

Science & Technology

AI Is the Biggest Thing in Tech Since the iPhone. Here's a Surprising Way Your Company Can Enter the Fray.

AI might become an inseparable part of our lives much sooner than you think.

News and Trends

Ananya Birla's Svatantra Microfin To Acquire Sachin Bansal's Chaitanya India

According to an official release, the transaction of INR 1,479 crore is expected to be completed by the end of 2023, subject to receipt of regulatory approvals and customary closing adjustments

News and Trends

GPS Renewables Acquires Germany-Based Proweps Envirotech

As per an official statement, the acquisition of Proweps further solidifies GPS Renewables' position as a leading global full stack biofuels firm

News and Trends

Ambuja Cements Acquires Sanghi Industries For INR 5000 Crore

As per the company, the acquisition of SIL will help ACL to strengthen its market leadership and increase its cement capacity to 73.6 MTPA from the current 67.5 MTPA

News and Trends

Aditya Birla's Hospitality Arm Acquires KA Hospitality

KA Hospitality was founded by the late Kishor Bajaj in 2011 and later Karyna Bajaj, took over as executive director in 2016

News and Trends

Walmart Buys Tiger Global's Stake In Flipkart: Report

It has reportedly paid $1.4 billion for the stake

News and Trends

UK-Based InVentry Acquires Hipla Technologies

The acquisition is part of InVentry's global expansion plan and will support their international growth strategy across both Singapore and India

News and Trends

Bain Capital To Acquire And Invest In Adani Capital

The transaction will buy out 100% of the Adani family's private investments in the company, with Gaurav Gupta fully rolling his stake in the company and continuing to serve as managing director and CEO

News and Trends

Plus91Labs Acquires Pixely To Expand Service Offerings

The acquisition of Pixely further bolstersPlus91Labs' existing product and service offerings, benefiting customers across industries