M&A
TMT
Sequoia-backed Eduvanz acquires ed-tech firm Klarity
Education-focussed lender Eduvanz Financing Pvt. Ltd said Thursday it has acquired the mentoring-based ed-tech startup Klarity. The...
Finance
DBS faces potential culture clash as it scoops up Lakshmi Vilas Bank
DBS Group's move to take over troubled Lakshmi Vilas Bank will give Southeast Asia's largest lender the boost in India...
Infrastructure
JSW Infrastructure acquires Chettinad Group's ports business
JSW Infrastructure Ltd, an arm of the publicly listed JSW Steel Ltd, has acquired the ports business of the Chennai-based ......
Manufacturing
Vedanta says interested in buying govt's stake in BPCL
India’s Vedanta Ltd, the billionaire Anil Agarwal-controlled metals-to-oil conglomerate, said on Wednesday it was interested...
Finance
Lakshmi Vilas Bank put under moratorium, to be merged with DBS
Lakshmi Vilas Bank has been put under a moratorium and may be merged with the local unit of Singapore’s DBS ......
Infrastructure
Blackstone, Embassy Group to sell office park to REIT for $1.3 bn
Private equity giant Blackstone and Bengaluru developer Embassy Group will sell an office park they own in Bengaluru to a ......
TMT
Flipkart buys Axilor-backed AR/VR startup Scapic
Flipkart, the online retailer controlled by US-based Walmart Inc., has acquired virtual reality (VR) and augmented reality (AR)...
TMT
EY India snaps up skilling platform Spotmentor Technologies
EY India, the local arm of the multinational professional services firm, has acquired end-to-end skilling platform Spotmentor...
Manufacturing
ADV Partners-controlled Arjas to acquire Modern Steels
Arjas Steel Pvt. Ltd, controlled by Asia-focussed private equity firm ADV Partners, has acquired Chandigarh-based Modern Steels...
TMT
How Kalaari, Elevation & Sequoia ended with a lemon as Urban Ladder sold for just $25 mn
Furniture retailer Urban Ladder, one of the most prominent names in vertical e-commerce and backed by venture capital firms Sequoia ......
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