MakeMyTrip Acquires Majority Stake in Quick Ride to Enter Ride Pooling
MakeMyTrip has acquired a majority stake in Bengaluru-based carpooling platform Quick Ride, entering ride pooling for daily urban commutes.
Mergers & Acquisitions
Wipro Picks Up 20% in FLARRE.AI to Bring Agentic AI to Insurance
Wipro will acquire a 20% stake in FLARRE.AI , an agentic AI platform purpose-built for insurance, through its step-down subsidiary Wipro IT Services LLC.
Adobe Acquires Rephrase.ai, A Bengaluru-based AI Video Creation Platform
In a groundbreaking move, Adobe announced its acquisition of Rephrase.ai, a Bengaluru-based AI video creation startup, marking its inaugural venture
DeHaat Acquires Freshtrop’s Fruit Export Business
Agritech platform DeHaat announced its acquisition of Freshtrop’s fruit export business, including its network, packing, grading centers, and personnel, for
Lenskart Acquires Computer Vision Startup Tango Eye
Eyewear unicorn Lenskart has acquired artificial intelligence-based computer vision startup Tango Eye for an undisclosed amount. Lenskart aims to make
Cloud Kitchen Startup Curefoods Acquires Pizza Brand Yumlane
Cloud kitchen startup Curefoods has acquired the famous pizza brand Yumlane for an undisclosed amount. Curefoods had already acquired Yumlane’s
Investment Firm General Atlantic to Acquire Minority Stake In Travel Boutique Online
General Atlantic will acquire a minority stake in travel platform TBO from Affirma Capital entities. Founded in 2006, TBO operates in 100+ countries; Affirma stays invested post-deal.
Truecaller Acquired Trustcheckr, A Bengaluru-based Fraud Detection Service
Key Highlights: Truecaller to acquire TrustCheckr, a fraud detection solution TrustCheckr assists organizations in verifying client information and detecting fraud
Pet Care Startup Wiggles Expands Market Share with Acquisition of Rival Capt Zack
Pet-care brand Wiggles acquired D2C rival Capt Zack in a cash-and-equity deal. The 2016-founded brands ISO-certified range for cats and dogs strengthens Wiggles portfolio.
Medi Assist Set to Strengthen India Presence with Acquisition of Raksha Insurance
Medi Assist Insurance TPA, a health insurance-focused, technology-powered third-party administrator (TPA) has announced the acquisition of a 100% stake in
Sportskeeda, a Nazara subsidiary, to purchase controlling interest in Pro Football Network based in the United States
Nazara Technologies-owned Absolute Sports has made its first acquisition in the US sports media market with the purchase of a 73.27% stake in Pro Football Network LLC, an analysis website covering
BharatPe acquires majority stake in Trillion Loans, aims to strengthen its lending business
BharatPe, a major player in India’s fintech industry, has acquired a majority stake in a Mumbai-based non-banking financial company (NBFC),
CASHe Enters Wealthtech Space After Acquiring Sqrrl
CASHe is a fintech organization that gives quick, adaptable, unstable individual advances through a portable application to youthful salaried millennials
Kristal.AI Acquires Globalise- Seeks To Widen Offerings For Partners
Wealth management has always been a challenge to plan your recure future. People come up with their theories and all but still, people lack in wealth management.
It’s Time For T.I.M.E. And Veranda Learning To Bring Out The Change In Edtech World
“One of the most important areas we can develop as professionals is competence in accessing and sharing knowledge.” – Connie Malamed Effective learning experiences come with great ideas and
Indian EdTech Giant Unacademy Acquires Swiflearn For A Better K-12 Experience
Unacademy, an edtech platform, revealed on 2nd October that it purchased Swiflearn, an online platform that offers live face-to-face online
Beauty Brand Good Glamm Group Acquires Media Brand ScoopWhoop, Plans To Acquire More Brands
Good Glamm Group acquired ScoopWhoop to enter digital media, planning Rs 500 crore for the men’s segment. After buying POPxo in 2020, it doubles down on content-commerce.
Tata Digital Acquires Majority Stake in BigBasket – A Significant Step in the E-Grocery Industry
Tata Digital acquired a majority stake in BigBasket as e-grocery booms. The pandemic shifted shoppers from supermarkets to online carts, and Tata now leads the digital grocery race.
upGrad Acquires Impartus: A Significant Step in the EdTech Industry
upGrad acquired Impartus in a major edtech move. As online learning rivals classrooms, its platform mimics university education for India’s ambitious learners.
Cloud Communications Platform Twilio Acquires CPaaS Startup ValueFirst
Will Twilio and ValueFirst meet rising customer expectations in the Indian Market? On March 17th, 2021, San-Francisco based cloud communications