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Deals Digest: Only 1 new unicorn in April 2022 versus 8 during last April

TMT

29 April, 2022

Deals Digest: Only 1 new unicorn in April 2022 versus 8 during last April

Indian startups raised $766 million from VC and PE entities this week compared to $634 million in the preceding week, ......

Indian auto ancillary Varroc Engineering sells US, EU 4-wheeler lighting operations

Manufacturing

29 April, 2022

Indian auto ancillary Varroc Engineering sells US, EU 4-wheeler lighting operations

Indian auto component maker Varroc Engineering said Friday it will sell its four-wheeler lighting system operations in the Americas...

Cyient to buy Singapore-based Grit Consulting, second acquisition this week

TMT

28 April, 2022

Cyient to buy Singapore-based Grit Consulting, second acquisition this week

Hyderabad-based IT services firm Cyient Ltd said on Thursday it is set to acquire Singapore-based Grit Consulting for a total...

JPMorgan, Avendus Capital top M&A financial advisers in APAC for Jan-Mar quarter: Report

TMT

28 April, 2022

JPMorgan, Avendus Capital top M&A financial advisers in APAC for Jan-Mar quarter: Report

JPMorgan and Avendus Capital have topped the list of financial advisers for mergers and acquisitions (M&A) in the Asia-Pacific...

Chiratae Ventures-backed Kristal.AI buys global investment firm Globalise

TMT

27 April, 2022

Chiratae Ventures-backed Kristal.AI buys global investment firm Globalise

Kristal Advisors Pvt. Ltd, which runs asset management platform Kristal.AI, on Wednesday said it has acquired global investment...

Airtel acquires stake in cloud networking solutions firm Cnergee Technologies

TMT

27 April, 2022

Airtel acquires stake in cloud networking solutions firm Cnergee Technologies

Bharti Airtel has acquired minority stakes in Cnergee Technologies, a Navi Mumbai-based cloud networking solutions provider, to...

Air India proposes to buy no-frills carrier AirAsia India

Consumer

27 April, 2022

Air India proposes to buy no-frills carrier AirAsia India

Tata Group-owned Air India has proposed to buy the entire equity share capital of low-cost carrier AirAsia India, in which ......

Tesla loses $126 billion in value amid Musk's Twitter deal funding concern

TMT

27 April, 2022

Tesla loses $126 billion in value amid Musk's Twitter deal funding concern

Tesla Inc lost $126 billion in value on Tuesday amid investor concerns that chief executive Elon Musk may have to ......

Wipro acquires SAP consulting company for $540 mn

TMT

27 April, 2022

Wipro acquires SAP consulting company for $540 mn

Wipro Ltd has agreed to acquire Rizing Intermediate Holdings, Inc., a global SAP consulting firm, for $540 million,...

Softbank-backed Whatfix buys Leap.is to expand mobile capabilities

TMT

26 April, 2022

Softbank-backed Whatfix buys Leap.is to expand mobile capabilities

Whatfix, a Bengaluru-based digital adoption solution provider, has acquired a mobile-first onboarding and assistance platform...

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