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M&A

Toppr acquires edutech startup Manch

February 12, 2016 | Disha Sharma

Last year, it acquired entrance prep startup EasyPrep.

Co-founder B Saikumar acquires controlling stake in digital media startup Arré

February 12, 2016 | Anushree Bhattacharyya

Ronnie Screwvala to continue as an investor with a significant minority shareholding.

News Corp Australia to buy majority stake in Thailand’s DIAKRIT

February 11, 2016 | Priya Prasad

DIAKRIT had revenue of $22 million in 2015.

Auto-parts maker Minda Industries to buy stake in two group firms

February 11, 2016 | Anuradha Verma

Transactions to be completed before April 30.

Wipro to acquire HealthPlan Services for $460M

February 11, 2016 | Manu P Toms

This is its first acquisition since Abidali Neemuchwala took over as CEO.

Mercator to sell loss-making Singapore bulk cargo business

February 11, 2016 | Anuradha Verma

The unit posted a loss of Rs 768 crore in 2014-15.

IL&FS Transportation sells 49% in Gurgaon's rapid metro rail for $75M

February 11, 2016 | Anuradha Verma

Rapid MetroRail Gurgaon was set up as a JV between IL&FS and DLF.

Amazon to buy 26% in Tatas-owned publisher Westland

February 11, 2016 | Priya Prasad

It has the right to buy out the Indian partner in future.

Next Education acquires ed-tech firm InOpen Technologies

February 11, 2016 | Vijayakumar Pitchiah

It will get access to InOpen’s IIT-Bombay incubated ‘Computer Masti’ education tool.

Apcotex buys out Omnova Solutions India for $5.3M

February 10, 2016 | Anuradha Verma

Apcotex will also invest Rs 40 crore more in Omnova.

OYO buys Zo, Zostel in all-stock deal; Zo founders quit

February 10, 2016 | Adith Charlie

Only half of the target company’s employees to join OYO.

Lafarge gets revised divestment order from competition watchdog

February 09, 2016 | Anuradha Verma

The new order comes after deal with Birla Corp fell through.

SAMHI Hotels buys Pune Hyatt Regency from Jatia Group, Vascon Engineers

February 09, 2016 | Anuradha Verma

Vascon will continue to be an investor in Ascent Hotels.

Strides Shasun to buy 51% each in Australian, Kenyan firms

February 08, 2016 | Joseph Rai

The company also appointed Shashank Sinha as CEO.

LYCOS to acquire Austrian app maker TriTelA

February 08, 2016 | TEAM VCC

TriTelA owns cross-platform texting app mysms besides other mobile properties.

Rallis India buys balance 19% stake in Metahelix Life for $10.8M

February 05, 2016 | PTI

Rallis is a unit of Tata Chemicals.

Reliance Infra to sell cement unit to Birla Corp for $710M

February 04, 2016 | TEAM VCC

Reliance Cement has total capacity of 5.6 million tonnes.

RBS scraps sale process for India banking business

February 04, 2016 | Ishaan Gera

It may now wind down India business.

Lafarge considers revised plan for India business

February 04, 2016 | TEAM VCC

Its deal with Birla Corp has fallen through.

Godrej Consumer to buy 75% stake in Kenyan homecare products firm

February 04, 2016 | Debjyoti Roy

GCPL's Africa business has annualised revenue of about $200 million.

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