M&A
Chennai-based debt marketplace CredAvenue has made its first acquisition by picking up a majority stake in Mumbai-based digital debt collection platform Spocto Solutions for INR 400 crore. Founded by Sumeet Srivastava…
M&A
The Competition Commission approved the acquisition of a stake in Sajjan India Ltd by Sona Company. The proposed transaction relates to the investment in Sajjan India by way of acquisition of equity shares. Sajjan…
M&A
Padmaja Reddy, founder and former CEO of Spandana Sphoorty Financial, has acquired a Kolkata-based non-banking finance company (NBFC) for INR 2.5 crore. The company, which is to be renamed as Keertana Financial Ltd…
M&A
Truck and bus maker Ashok Leyland has completed the sale of its electric vehicle (EV) business to Switch Mobility Automotive Ltd (SMAL), its EV unit, for INR 240 crore. The transfer of EV business resulted in a profit…
M&A
Revolut India, the Indian arm of British fintech giant Revolut, has acquired Mumbai-based international money transfers company Arvog Forex. The acquisition is expected to strengthen Revolut's foundation in India and…
M&A
Publicly listed healthcare provider Max Healthcare Institute Ltd is to acquire fellow New Delhi-based Eqova Healthcare Pvt Ltd. Eqova has long-term exclusive rights to aid the development of and provide medical…
M&A
Mumbai-based CritiCare Asia Multispecialty Hospital and Research Center has acquired Kohinoor Hospital, Kurla in Mumbai. This acquisition will expand CritiCare Asia Hospitals' footprint by 200,000 sq. ft., and increase…
M&A
MX Media Co. Ltd, the parent company of MX TakaTak, and ShareChat, the parent company of Moj, have entered into a strategic merger pact between Moj and MX TakaTak. The two platforms will now be controlled by ShareChat…
M&A
Publicly listed Reliance Industries Limited (RIL) through its wholly owned subsidiary Reliance New Energy Limited (RNEL) has on February 9, 2022 acquired - through off-market purchases a 10.37% additional stake in…
M&A
Professional education firm Imarticus Learning has acquired StratOnboard, a game-based learning platform. The acquisition has been executed via a combination of cash and equity. Through the acquisition, Imarticus…
