M&A
Hyderabad-based IT services firm Cyient Ltd plans to sell stakes in units that are underperforming. The company wants to use its zero-debt status to raise money to fund inorganic growth.
M&A
Mensa Brands has acquired a majority stake in fellow Bengaluru-based homegrown online gardening solutions brand TrustBasket. TrustBasket offers a range of gardening solutions catering to different consumer…
M&A
The Good Glamm Group has acquired a majority stake in New Delhi-based beauty and personal care brand Organic Harvest, marking its foray in the organic beauty and personal care category. It will be pumping an additional…
M&A
Bhubaneswar-based edtech startup LectureNotes has acquired Kolkata-based CollegeShala in an all-stock deal. CollegeShala is a community-driven edtech startup that caters to students of degree courses. The acquisition…
M&A
Mumbai-based, publicly listed Balu Forge Industries Ltd (BFIL) has acquired the precision machining unit of the Mercedes Benz Truck Factory in Mannheim, Germany. The acquisition will be installed in the new machining…
M&A
Hyderabad-based Fourth Partner Energy has acquired the onsite distributed solar generation portfolio of ReNew Power for INR 650 crore. The assets, totalling 140 MW, are spread over 100 projects across India, set up at…
M&A
State-run power sector financiers Power Finance Corp (PFC) and REC (formerly Rural Electrification Corporation Ltd) are considering bidding for stressed power assets to prevent large haircuts on their loans during…
M&A
Chennai-based consulting, technology and managed transformational services provider Prodapt has acquired Cupertino, CA (US)-based Synophic Worldwide, a provider of managed services and network transformation services…
M&A
Fyp, a Gurugram-based neobank for teenagers, has acquired Lucknow-based edtech startup Edunify, aiming to expand its user base through school tie-ups across India. Started in 2018, Edunify claims to run a pan-India…
M&A
Thrasio-style e-commerce roll-up startup Evenflow has acquired four consumer brands in India to expand their reach, portfolio and demand. The acquisition includes two sports and fitness brands Vifitkit and Yogarise…
