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M&A

BharatPe buys multi-brand loyalty programme PAYBACK India in first acquisition

TMT

10 June, 2021

BharatPe buys multi-brand loyalty programme PAYBACK India in first acquisition

BharatPe said it has acquired multi-brand loyalty programme PAYBACK India from American Express and ICICI Investments Strategic...

Tata Digital to acquire majority stake in digital health platform 1mg

TMT

10 June, 2021

Tata Digital to acquire majority stake in digital health platform 1mg

Tata Digital, a 100% subsidiary of Tata Group holding entity Tata Sons, has acquired a majority stake in e-pharmacy and ......

BuyerAssist raises seed money; Masai School buys design institute

TMT

09 June, 2021

BuyerAssist raises seed money; Masai School buys design institute

B2B buyer engagement platform BuyerAssist has raised $2 million (Rs 18.2 crore) in seed financing led by Stellaris Venture Partners...

NCLT approves Vedanta arm's bid to acquire bankrupt Videocon Industries

Consumer

09 June, 2021

NCLT approves Vedanta arm's bid to acquire bankrupt Videocon Industries

In an over 95% haircut to bankers, the Mumbai bench of insolvency tribunal has cleared Vedanta Group arm’s resolution plan...

Jaypee Infratech lenders to consider bids on Thursday; Suraksha revises offer

Infrastructure

08 June, 2021

Jaypee Infratech lenders to consider bids on Thursday; Suraksha revises offer

Bankrupt realty developer Jaypee Infratech's committee of creditors (CoC) will consider bids of both state-owned NBCC (India)...

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Awaited judgment on DHFL promoter will put bankruptcy law to test once again

Finance

08 June, 2021

Awaited judgment on DHFL promoter will put bankruptcy law to test once again

The top court’s verdict on the first financial services company facing bankruptcy, likely to come in a few days, will ......

Netcore buys stake in Flipkart-backed EasyRewardz

TMT

08 June, 2021

Netcore buys stake in Flipkart-backed EasyRewardz

Netcore Cloud Pvt Ltd has acquired a minority stake in Flipkart-backed EasyRewardz Services Pvt Ltd, law firm DSK Legal said ......

Premium
Tata Digital in talks to pick up majority stake in VC-backed delivery platform

TMT

08 June, 2021

Tata Digital in talks to pick up majority stake in VC-backed delivery platform

Tata Digital, on an acquisition spree of late, is in early discussions to snap up another heavily funded startup, at ......

Punjab National Bank to buy stake in bad bank

Finance

07 June, 2021

Punjab National Bank to buy stake in bad bank

Government-owned Punjab National Bank (PNB) on Saturday said it will acquire a stake in the soon-to-be-set-up National Asset Reconstruction...

NCLT approves Piramal offer to acquire DHFL with conditions

Finance

07 June, 2021

NCLT approves Piramal offer to acquire DHFL with conditions

An insolvency court today conditionally approved Piramal Group’s overall resolution plan for financially troubled Dewan...

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