M&A
Bengaluru-based auto-tech startup ReadyAssist has acquired Vadodara-based multi-brand two-wheeler workshop chain SpeedForce for USD 10 million (around INR 82 crore) in a cash plus stock deal. SpeedForce has about 300…
M&A
Publicly listed UltraTech has signed a pact with Seven Seas Company LLC, Oman for acquiring 70% equity shares in Duqm Cement Project International, LLC, Oman for USD 2.25 million. Duqm Cement owns limestone mining…
M&A
Publicly-listed Sun Pharmaceutical Industries has acquired three anti-inflammatory drug brands - Disperzyme, Disperzyme-CD and Phlogam - from fellow Mumbai-based Aksigen Hospital Care. The drugs are for treating…
M&A
Online scheduling software provider firm Appointy has acquired fellow Bhopal-based fitness startup Zyoga. Founded in 2020, Zyoga is a healthtech startup that offers an artificial intelligence-led virtual fitness studio…
M&A
Transport community platform Vahak has acquired Bengaluru-based Instalogist, a truck booking app and load marketplace platform for long-haul transportation. Founded in 2020, Instalogist connects load and fleet…
M&A
D2C rollup e-commerce firm Goat Brand Labs has acquired Bengaluru-headquartered, women-focussed ethnic apparel brand Imara. Goat plans to take Imara to the international market. Founded by Anjana Reddy in 2015, Imara…
M&A
TI Clean Mobility Pvt Ltd (TICMPL), a wholly-owned arm of Murugappa Group firm Tube Investments of India Ltd, will acquire an additional 30.04 % stake in Hyderabad-based Cellestial E-Mobility Pvt Ltd for INR 50.90…
M&A
Samvardhana Motherson International Ltd (formerly Motherson Sumi Systems) will acquire a 51% stake in Bengaluru-based Saddles International Automotive and Aviation Interiors Pvt Ltd for an enterprise value of INR 207…
M&A
Publicly listed, PSU firm SJVN (formerly Satluj Jal Vidyut Nigam) has sold its entire 50% stake in the Bhutanese joint venture company called Kholongchhu Hydro Energy Ltd (KHEL) for INR 354.71 crore to its JV partner…
M&A
Publicly-listed Happiest Minds Technologies Ltd is to acquire 100% stake in Madurai-headquartered IT services company Sri Mookambika Infosolutions Pvt Ltd (SMI) through a combination of upfront and deferred equity…
