Advertisements As many as 1,149 deals valued at $104.3 billion were signed by India Inc in the first half of this year despite global uncertainties, a report showed on Thursday. According to the Grant Thornton Bharat Dealtracker report, the numbers… Read More ›
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Amazon Strikes USD 3.5 Bn Deal For One Medical In Long March Into U.S. Healthcare
Advertisements Amazon.com Inc agreed on Thursday to buy primary care provider One Medical for $3.49 billion, expanding the giant’s virtual healthcare e-commerce and adding physical doctors. ‘ offices for the first time. The all-cash deal would combine two relatively small… Read More ›
upGrad Acquires Edtech Platform ‘Harappa Education’ For INR 300 Cr
Advertisements Higher education platform upGrad on Friday announced it has acquired online learning institution Harappa Education for Rs 300 crore (about $38 million). upGrad closed the transaction with present Harappa shareholders – Bodhi Tree Systems (a newly-formed platform between James… Read More ›
India Cements Completes Acquisition Of Springway Mining
Advertisements India Cements Ltd on Tuesday said it has completed the acquisition of the entire paid-up equity and preference share capital of Springway Mining Pvt Ltd (SMPL). “SMPL has become a wholly-owned subsidiary of our company with effect from June… Read More ›
Zomato Acquires Blinkit’s Blink Commerce In INR 4,447 Cr In All-Stock Deal
Advertisements Online food delivery platform Zomato on Friday said it will acquire Blink Commerce (formerly known as Grofers India) for a total purchase consideration of Rs 4,447.48 crore in a share swap deal. The company’s board at a meeting held… Read More ›
Fintech Company Pine Labs Acquires API Infra Startup Setu For USD 70-75 Mn
Advertisements Merchant commerce platform Pine Labs has acquired fintech infrastructure company Setu. “Setu will retain its team and brand and continue to run independently,” the company’s co-founder Sahil Kini said in a virtual press briefing on Thursday. This is the… Read More ›
DBS Bank India Acquires 9.9 Percent Stake In Svakarma Finance
Advertisements DBS Bank India Limited today announced that it has acquired a 9.9% stake in Svakarma Finance, a non-banking finance company, for delivering relevant financial solutions to micro enterprises through a combination of direct lending and co-lending. DBS Bank India’s… Read More ›
Conversational Engagement Platform Gupshup Acquires OneDirect
Advertisements Conversational engagement platform Gupshup on Thursday said it has acquired OneDirect, an artificial intelligence (AI)-enabled, customer service platform, for an undisclosed sum. OneDirect’s platform has powered over 1 billion conversations for top brands like Indian Railways, Myntra, KFC, Airtel and Indigo Airlines, etc. “OneDirect, with… Read More ›
MyOperator Acquires Ziffy
Advertisements MyOperator, India’s leading cloud-based business phone system, has acquired 100% of the business of another prominent cloud communications company, Ziffy. In a strategic move to serve the untapped market in Tier-2 and Tier-3 cities in the country, this acquisition… Read More ›