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M&A

Swiss Re to invest Rs 920 cr in Paytm Insuretech

TMT

27 October, 2021

Swiss Re to invest Rs 920 cr in Paytm Insuretech

Paytm Insuretech Private Limited (PIT), the insurance arm of One97 Communications which runs payments platform Paytm, on Wednesday...

Lotus Herbals acquires 32% stake in Gurugram-based Fixderma India

Consumer

27 October, 2021

Lotus Herbals acquires 32% stake in Gurugram-based Fixderma India

Indian cosmetic major Lotus Herbals Pvt. Ltd. has announced acquisition of 32% strategic stake in Fixderma India Pvt. Ltd., owner...

Evenflow, founded by former Uber exec, buys Rusabl in second acquisition

TMT

27 October, 2021

Evenflow, founded by former Uber exec, buys Rusabl in second acquisition

Evenflow Brands Tech Pvt Ltd, a Thrasio-style marketplace aggregator founded by former Uber executive Utsav Agarwal, on Wednesday...

Gurugram-based Thrasio-style startup UpScalio invests in Trase and Polestar

Consumer

27 October, 2021

Gurugram-based Thrasio-style startup UpScalio invests in Trase and Polestar

UpScalio, a Thrasio-style venture that aggregates and invests in e-commerce brands, on Wednesday said it has invested an undisclosed...

Ares SSG's ARC arm, Edelweiss, others bid for bankrupt Sintex Industries

Consumer

27 October, 2021

Ares SSG's ARC arm, Edelweiss, others bid for bankrupt Sintex Industries

Ares SSG Capital-backed Assets Care & Reconstruction Enterprise Ltd (ACRE), Varde Capital-backed Aditya Birla Asset Reconstruction...

Dr Lal PathLabs acquires Sequoia Capital-backed Suburban Diagnostics

Healthcare

26 October, 2021

Dr Lal PathLabs acquires Sequoia Capital-backed Suburban Diagnostics

Dr Lal PathLabs Limited has agreed to acquire Sequoia Capital-backed Suburban Diagnostics  in an all cash deal, the company...

Public transport-tech firm Chalo acquires bus aggregator Shuttl

TMT

26 October, 2021

Public transport-tech firm Chalo acquires bus aggregator Shuttl

Chalo, a public transport-tech company, on Tuesday said it has acquired bus aggregator Shuttl’s business for an undisclosed...

InMobi's Glance invests in talent management firm Collective Artists Network

TMT

26 October, 2021

InMobi's Glance invests in talent management firm Collective Artists Network

SoftBank Group-backed advertising tech unicorn InMobi's business-to-consumer (B2C) unit Glance said it has made an undisclosed...

Tech Mahindra acquires Lodestone and WMW for $118 million to bolster digital portfolio

TMT

25 October, 2021

Tech Mahindra acquires Lodestone and WMW for $118 million to bolster digital portfolio

Pune-based IT services major Tech Mahindra Ltd said on Monday it has acquired two companies – US-based Infostar LLC (Lodestone)...

PayPal says it is not pursuing Pinterest acquisition

TMT

25 October, 2021

PayPal says it is not pursuing Pinterest acquisition

PayPal Inc is not pursuing an acquisition of Pinterest Inc at this time, the payments company said late on Sunday, ......

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