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 ›
Acquisition
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 ›
API Banking Company Cashfree Payments Acquires Startup Zecpe
Advertisements Payments and API banking company Cashfree Payments has fully acquired Zecpe, a Gurugram-based startup which offers a one-click checkout tool for ecommerce companies. The product integration will enable Cashfree to offer enhanced D2C checkout capabilities to its merchants. Zecpe’s… Read More ›
Vedanta To Acquire Meenakshi Energy For Rs 1,440 Cr
Advertisements Vedanta has announced that it will acquire Meenakshi Energy, a debt-ridden power plant in Andhra Pradesh, for Rs 1,140 crore. The company will pay Rs 312 crore upfront and balance Rs 1,128 crore in installments. The consideration will mature in… Read More ›
Tata Communications Arm To Acquire US-Based CDN For $59 Mn
Advertisements The Dutch arm of Tata Communications has entered into an agreement to fully acquire Switch Enterprises, a US-based media service provider, for a cash consideration of $58.8 million. In a regulatory filing on BSE, Tata Communications (Netherlands) B.V., confirmed that it… Read More ›
Lotus Herbals Acquires 20% Stake In Startup Yogic Secrets
Advertisements Lotus Herbals has acquired a 20 per cent stake in nutraceutical products startup Yogic Secrets Healthcare, its third investment this year. Lotus Herbals paid an undisclosed sum for a stake in the Gurugram-based startup. Yogic Secrets plans to use… Read More ›
Indegene Acquires Healthcare Marketing Agency CultHealth
Advertisements ILSL, subsidiary of Bengaluru-based Indegene Lifesystems, has acquired New York-based healthcare marketing agency CultHealth. However, the firm did not disclose the size of the acquisition. With this acquisition, Indegene hopes to strengthen its portfolio ahead of its upcoming initial… Read More ›