M&A
Fitness and wellness start-up Cult.fit has acquired OneFitPlus, which offers at-home cardio equipment brands RPM Fitness and Fitkit, along with outdoor bicycles brand, Urban Terrain. The acquirer will get the…
M&A
Mining major Vedanta Ltd has acquired Nicomet, a nickel and cobalt producer based in Goa, making Vedanta the sole producer of nickel in India. Nickel is a vital input in the manufacturing of stainless steel and…
M&A
Listed IT Services major Wipro is to acquire Austin, Texas-headquartered Edgile, a player in the cybersecurity and risk management domain, for USD 230 million. The transaction is expected to be completed before March…
M&A
Publicly listed Mastek is to acquire 5,826 compulsorily convertible preference shares (CCPS) of Trans American Information Systems (TAISPL, a Mastek subsidiary) constituting 3.88% of the preference shareholding, for…
M&A
Publicly listed Industrial Investment Trust Ltd (IITL) is to sell its entire 16.62% equity shareholding in Future Generali India Life Insurance Company Ltd (FGILICL) for INR 225 crore to Generali Participations…
M&A
Teachmint, an education infrastructure startup, has acquired fellow Bengaluru-based Teachmore, a course-selling platform which enables teachers to sell educational products like online courses, live classes, quizzes…
M&A
Mumbai-based, publicly listed Hindalco Industries Ltd, the metals flagship of the Aditya Birla Group, is to acquire Oslo-based Hydro Extrusions' aluminium extrusions business in India for an enterprise value of INR 247…
M&A
Automotive platform CarTrade Tech Ltd plans to deploy up to USD 100 million ( INR 750 crore) to invest in companies in the automotive space. The company wants to strengthen its position as a leading automotive platform…
M&A
Los Gatos, CA (US)- and Noida-based Infogain is to acquire Bengaluru-based Nggawe Nirman Technologies (NNT), a cloud-native app development company servicing customers in the manufacturing, fintech, edtech, healthcare…
M&A
Multilingual edtech platform firm Adda247 has acquired fellow New Delhi-based UPSC-focused edtech platform StudyIQ Education for USD 20 million (around INR 150 crore) in a cash and stock deal. StudyIQ Education claims…
