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…
M&A
Bengaluru-based health food brand Yogabar has acquired nutrition-based food company, SuperHealthy. For Yogabar, which is known for products such as protein bars, this is in line with its strategy to acquire a series of…
M&A
Kishore Biyani and his family, the promoters of the debt-laden Future Group, are in talks with Mukesh Ambani-led Reliance Industries Ltd (RIL) to sell the group's supply chain and logistics businesses. The Biyani…
M&A
Bengaluru-headquartered blue-collar workforce management platform Betterplace has acquired OkayGo, a Gurugram-based blue and grey-collar staffing solution provider. The cash and equity deal will see the…
