M&A
Travel fintech Niyo , through Kanji Forex, its wholly owned subsidiary, is to acquire the Mumbai-based RemitX from Capital India Finance for INR 11.4 crore. The deal includes the transfer of the RemitX brand and the…
M&A
Chennai-based Sanmar Group has acquired a majority stake in Hyderabad-based AltEons Energy , which will become a subsidiary of the Sanmar Group.Founded by CEO Srinivasan Viswanathan, AltEons Energy specializes in…
M&A
Mankind Pharma has completed the sale of its 100% stake in New Delhi-based Broadway Hospitality Services to AKRK Projects and its partners. This transaction was valued at INR 49-Cr.Broadway offers hotel accommodation…
M&A
Chennai-based GRT Jewellers is to acquire a 74.12% stake in the Mumbai-headquartered jewellery retailer TBZ (Tribhovandas Bhimji Zaveri Ltd) from its promoters. The transaction values the promoter stake at INR…
M&A
Mumbai-headquartered online pharmacy Truemeds is in talks to acquire Bengaluru-based e-commerce firm DealShare through a share-swap transaction. Under the proposed structure, Truemeds will issue shares to the investors…
M&A
ITC Infotech, a wholly owned subsidiary of ITC, is set to acquire a controlling stake in the listed software services firm Happiest Minds . The transaction involves the acquisition of a 44% stake from the firm's…
M&A
Tata Chemicals North America, a wholly-owned subsidiary of publicly listed Tata Chemicals, has been declared the successful bidder in the Chapter 11 bankruptcy proceedings of Searles Valley Minerals (SVM) USA. The…
M&A
Chemistry Intermediate Holdings, a Mauritius-based subsidiary of Aster DM Quality Care, has acquired a 14.21% stake in STS Holdings , an entity incorporated in Bangladesh, for USD 44.11-M.The transaction follows a…
M&A
Delhi-based Temple, a healthtech company, has acquired London-based longevity medicine practice Longevous to enhance its clinical and scientific research capabilities. The acquisition involves the integration of…
M&A
Gurugram-based Devyani International and Mumbai-based Sapphire Foods India have revised their proposed merger agreement following the termination of a secondary share sale between Sapphire Foods Mauritius and Arctic…
