M&A
Srirangapatna, Karnataka-headquartered FMCG company MK Agrotech, which owns edible oil maker Sunpure, has acquired Maharashtra-based premium edible oil brand Riso in an all-cash deal. With the acquisition, MK Agrotech…
M&A
SPR Engenious, a wholly-owned subsidiary of New Delhi-based Shriram Pistons & Rings, will acquire 75% stake in Takahata Precision India Pvt Ltd (TPIL) at an enterprise value INR 222 crore. The companies plan to…
M&A
MediBuddy, a Bengaluru-based VC-backed digital healthcare platform, has bought US-based Aetna Inc's vHealth by Aetna business platform (operating under Indian Health Organization Pvt Ltd) in India. vHealth by Aetna…
M&A
Mumbai-headquartered Greaves Cotton is to acquire Nagpur-based Excel Controlinkage Pvt Ltd for INR 385 crore. The acquisition will be completed in 4 phases. Initially, Greaves Cotton will buy 60% shareholding in Excel…
M&A
Warner Music India is to acquire a majority stake in Chennai-based Divo, a digital media and music company. Divo, with a presence across all four South Indian language music markets, offers online video, music…
M&A
Kathmandu, Nepal-based Khetan Group, which owns 33.3% in Carlsberg South Asia Pte Ltd (CSAPL), the holding company for Danish brewer Carlsberg's businesses in India and Nepal, is to sell its entire stake to Carlsberg…
M&A
Bengaluru-based tech-enabled micro-savings platform Siply has acquired digital chit-fund platform myPaisaa for USD 7.5 million. Siply plans to enhance its offerings via myPaisaa's chit-fund distribution platform and…
M&A
Bengaluru-headquartered frontline workforce management platform BetterPlace has picked up a majority stake in Indonesia-based blue-collar workforce fulfilment platform MyRobin in a cash-and stock-deal, marking the…
M&A
Telecom operator Bharti Airtel has increased its direct stake in Indus Towers by acquiring 23.01 % shares held by its wholly-owned subsidiary Nettle Infrastructure. The telecom operator earlier directly held 24.94 %…
M&A
The union government has approved the conversion of telecom operator Vodafone Idea's dues linked to interest on the spectrum and adjusted gross revenue (AGR) worth INR 16,133 crore into equity. With this, the…
