M&A
TMT
Suumaya Industries acquires 51% of payAgri Innovations
Textile manufacturer and distributor Suumaya Industries Ltd said it has acquired a 51% stake in agri-tech company payAgri Innovations...
Consumer
South Asian Enterprises acquires controlling stake in Chai Thela
Tea retail startup Chai Thela Pvt Ltd (CTPL) is now a subsidiary of listed firm South Asian Enterprises Ltd, according ......
Infrastructure
ReNew Power finishes merger with Nasdaq-listed special purpose acquisition vehicle
Renewable energy provider ReNew Power Private Limited on Tuesday announced that it has completed its previously announced...
Finance
India to monetise $81 bn worth of state assets over next four years
India plans to monetise Rs 6 lakh crore ($80.90 billion) worth of state assets over the next four years under ......
Finance
Weekly Deals Wrap: Total value plunges even as tech startups continue to grab headlines
Deal value across private equity, venture capital and mergers and acquisitions declined about 70% sequentially this week to $920...
Consumer
SoftBank-backed FirstCry takes significant minority stake in kid snacks maker Timios
FirstCry, an online-first baby products retailer, has bought a significant minority stake in children-focused healthy snacks maker...
Infrastructure
SpiceJet to hive off cargo, logistics business to subsidiary
SpiceJet, India’s second-largest airline by passengers, will hive off its cargo and logistics services via a slump sale...
Healthcare
Serum Institute to acquire 50% stake in India's largest vial maker Schott Kaisha
Vaccine maker Serum Institute of India has acquired a 50% stake in drug vial maker Schott Kaisha, the companies said ......
Consumer
MyGlamm forays into mother and babycare with BabyChakra purchase
Direct-to-consumer (D2C) beauty retailer MyGlamm has acquired online parenting platform BabyChakra to foray into the mother and...
Finance
KKR India Fin Services and InCred to merge lending biz
A year after entering into talks for a partnership, American private equity giant KKR’s non-bank lending business KKR India...
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