Advertisements Bengaluru-based sportswear startup Agilitas Sports has acquired Mochiko Shoes, India’s largest sports footwear manufacturer for the domestic market. The amount of the deal is still undisclosed. The development comes months after Agilitas raised $52 million in funding from Convergent… Read More ›
Acquisition
Fintech Unicron Razorpay Acquires BillMe
Advertisements Razorpay, a fintech unicorn, recently acquired BillMe, a digital invoicing and customer engagement startup. According to the company, this acquisition will help Razorpay enhance its offline payments product suite. With the integration of BillMe’s technology, Razorpay’s offline merchants will… Read More ›
Titan Acquires Additional 27% Stake In CaratLane For Rs4,621cr
Advertisements Titan, a fashion accessories brand, has acquired an additional 27.18 per cent stake in CaratLane, an online jewellery retailer, taking its total ownership to 98.28 per cent. The acquisition, which is subject to regulatory approvals, will be completed by… Read More ›
Mumbai Police Files FIR Against 4B Networks, It’s Director For Fraud
Advertisements Info Edge subsidiary 4B Networks, its director Rahul Yadav, and founding member Sanjay Saini have been accused of defrauding an advertising firm Interspace Communication for over Rs 10 crore. The allegations stem from a contract between 4B Networks and… Read More ›
NCLT Approves Zee-Sony Merger
Advertisements The National Company Law Tribunal (NCLT) has approved the merger of Zee Entertainment Enterprises and Culver Max Entertainment, which will create a USD 10 billion media company. The merger was first announced in December 2021, but was delayed after… Read More ›
100x Entrepreneur Founder Launches New Fund, Aims Raising $25mn
Advertisements The founders of the 100x Entrepreneur podcast, Siddhartha Ahluwalia and Nansi Mishra, have launched a fund with a goal of raising USD 25 million (about Rs 200 crore) to invest in early-stage firms. The Neon fund will invest in business-to-business… Read More ›
Nova IVF Acquires Regional IVF Chain Wings
Advertisements AHH-owned Nova IVF Fertility, a fertility chains across India has acquired WINGS IVF, a regional IVF chains in the country based out of Ahmedabad and founded by Jayesh Amin, amongst the most respected IVF specialists in the country. WINGS… Read More ›
Unicorn Mamaearth To Shut Momspresso’s MyMoney: Report
Advertisements D2C unicorn on its way to IPO, Mamaearth, will terminate Momspresso. According to media reports, Momspresso’s influencer engagement platform, MyMoney, may close later this month due to the latter’s mounting deficits. In 2021, Mamaearth paid Rs 152.3 crore for the… Read More ›
Byju’s Faces Deadline For Repayment Of $40mn Loan: Report
Advertisements According to media reports, Byju’s, India’s most valuable startup, expects to make a quarterly interest payment of around USD 40 million on a loan that has been at the focus of the embattled firm’s financial woes. The edtech company… Read More ›
Aurum PropTech Acquires 100% Stake In NestAway
Advertisements Aurum PropTech (previously Majesco), on Friday, approved the acquisition of up to a 100 per cent share in NestAway Technologies for up to Rs 90 crore. According to a statement Aurum PropTech acquired HelloWorld from NestAway in June of… Read More ›