M&A
Finance
IIFL Wealth to acquire south India-focussed wealth management firm for $35 mn
IIFL Wealth Management Ltd, a unit of financial services company IIFL Holdings, will acquire 100% stake in Chennai-based wealth...
TMT
Foodpanda India confirms acquisition of food-tech company Holachef
Foodpanda India, the online food delivery firm owned by cab hailing company Ola, has acquired shuttered food-tech startup Holachef...
Healthcare
Chinese conglomerate eyes majority stake in DEG-backed Ivy Health
A Chinese conglomerate has thrown its hat in the ring to pick up a majority stake in Punjab-headquartered multispecialty chain...
TMT
Exclusive: Ventureast strikes gold as Japan's istyle backs content startup Incnut
Early-stage investor Ventureast has exited its investment in Hyderabad-based women-focussed content startup Incnut Digital Pvt....
TMT
Sequoia-backed DailyNinja buys WakeupBasket in second acquisition
Hyperlocal delivery startup DailyNinja has acquired Hyderabad-based WakeupBasket in a cash-and-equity deal, a company statement...
Manufacturing
Taiwan's Kymco backs electric vehicle startup Twenty Two Motors
Taiwanese two-wheeler maker Kwang Yang Motor Co. Ltd, or Kymco, is investing in Gurugram-based electric vehicle startup Twenty...
Healthcare
Dr Reddy's Labs to sell bulk-drugs plant to BR Shetty-led Neopharma's JV
Drugmaker Dr Reddy's Laboratories Ltd on Monday said it has entered into a definitive agreement to sell its active pharmaceutical...
TMT
OnMobile acquires Swedish gaming platform Appland
OnMobile Global Ltd, which specialises in mobile value-added services, has acquired a 100% stake in Sweden-based mobile app distribution...
TMT
MobiKwik acquires online wealth management platform Clearfunds
Digital payments firm One MobiKwik Systems Pvt. Ltd has acquired online wealth management platform Clearfunds, entering a segment...
Infrastructure
ThomasLloyd buys into solar power producer SolarArise in first India deal
European investment firm ThomasLloyd Group has acquired a stake in Delhi-based solar energy producer SolarArise India Projects...
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