M&A
Digital entertainment and technology firm JetSynthesys has launched a gaming startup, Jetapult, which will acquire gaming studios across India and other regions in an 'invest & operate' (I&O) model. The company intends…
M&A
Blue-collar workforce management startup BetterPlace has acquired its fellow Bangalore-based peer EzeDox in an all-cash deal. EzeDox was last valued at USD 2 million in its seed funding round of 2020. EzeDox's tech…
M&A
Publicly listed Cyient, a Hyderabad-headquartered technology solutions company, is to acquire Celfinet, a Lisbon, Portugal-headquartered wireless engineering services company for 41 million euros (translating to 12x of…
M&A
The finance ministry has extended the due date for submitting bids for the privatisation of Ferro Scrap Nigam (FSNL) to June 17. FSN is a specialised steel mill service provider engaged in scrap processing for steel…
M&A
Udaipur-based The House of Things (THOT), a marketplace for luxury interior products, has acquired handmade-textiles startup Moavi Design at a valuation of USD 650,000 (INR 4.9 crore) in FY2020-21. Gurgaon- based Moavi…
M&A
Bengaluru-based deeptech startup Spyne has acquired Gurgaon-based Travographer, an on-demand photography service provider. Spyne has taken in over 20 of the latter's employees including the founding team. Founded in…
M&A
Performing arts venture Kafqa Academy has acquired online dance academy Verb Studio. The acquisition gives Kafqa access to larger distribution and content on social media. The Verb Studio team will join Kafqa…
M&A
Banks led by IDBI Bank are set to sell 71% equity stake of thermal power company Lanco Anpara Power to Hyderabad-based Megha Engineering and Infrastructures for INR 855 crore. Although Lanco Anpara Power, a special…
M&A
ReNew Power is to acquire an operating wind and solar portfolio of 527.9 MW, comprising 471.65 MW of wind and 56.25 MW of solar assets. The total enterprise value of these agreements is around USD 388 million. The…
M&A
Publicly-listed MPS Ltd, via its wholly-owned subsidiary MPS Interactive Systems Ltd, has acquired a 100% stake in Bangalore-based e-learning content development firm, E.I. Design Pvt Ltd, for INR 40 crore in cash. EI…
