Advertisements ACKO has acquired Parentlane, a digital health platform in the maternity and child health space. The technology platform empowers young millennial parents with proactive healthcare solutions from preconception to the most critical early childhood development phase, the company said… Read More ›
Acquisition
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 ›
MediBuddy Buys Indian Health Business Of US-based Aetna For Undisclosed Amount
Advertisements MediBuddy, a Bengaluru-based digital healthcare platform, has bought US-based Aetna Inc’s vHealth in India for an undisclosed amount. Over the next six months, the vHealth by Aetna business will be rebranded as ‘MediBuddy vHealth’. With this acquisition, Medibuddy will… 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 ›
Startup MetaMan Acquires Luxury Jewellery Brand Drip Project For $1 M
Advertisements MetaMan, a men’s jewellery startup, announced the acquisition of Mumbai-based luxury jewellery brand Drip Project for $1 million on Tuesday (around Rs 8 crore). According to a statement issued by the Bengaluru-based company, the acquisition will strengthen its position… 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 ›
Blackstone To Acquire Majority Stake In Emerson’s Climate Technologies For USD 14 M
Advertisements Emerson Electric will sell a majority stake in its Cimate Technologies unit to Blackstone in a $14 billion deal, as the U.S. industrial firm shifts its focus to supplying a thriving automation market. The company said on Monday that… Read More ›
India Quotient, On Mauritius leads Pre Series B Round For Masai School
Advertisements India Quotient and On Mauritius led the pre-series B funding round for Masai School. It secures over 38 crore in the funding round. Both companies invested Rs 15.81 crore. Unitus Ventures also participated in the funding round, investing Rs… 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 ›
Antler India Announces Investments From Its Inaugural Residency Cohort
Advertisements The India arm of global venture capital firm, Antler has announces the first set of investments spanning ClimateTech, HealthTech and SaaS from the inaugural Antler India Residency. Antler India Residency is a platform designed to help aspiring entrepreneurs find… Read More ›