M&A
TMT
VC-backed truck rental startup Porter to merge with Mahindra's SmartShift
Mahindra and Mahindra will merge its on-demand logistics platform connecting cargo owners and transporters, SmartShift, with truck rental startup Porter, ......
Infrastructure
Marquee suitors queue up for GIC-Tishman's WaveRock
A slew of marquee investors have lined up to acquire commercial real estate project WaveRock, a joint venture between Singapore ......
Finance
Federal Bank to acquire 26% in Equirus Capital
Private-sector lender Federal Bank on Thursday said it would acquire a 26% stake in privately-held investment bank Equirus Capital Pvt. ......
TMT
HR-tech startup Bash.ai acqui-hires UX specialist Wemo
Gurugram-headquartered Bash.ai, an artificial intelligence-based HR automation tool provider, has acqui-hired tech startup Wemo, which offers UX design expertise for ......
TMT
Suitors eye Blackstone-controlled BPO firm Intelenet for big-ticket deal
Private equity firm Blackstone may be considering a quick exit from its investment in business process outsourcing firm Intelenet Global ......
Manufacturing
UK billionaire Sanjeev Gupta's GFG Alliance pursuing auto, steel assets in India
British billionaire Sanjeev Gupta said his GFG Alliance has no plans to slow its rapid pace of acquisitions over the ......
Infrastructure
Aegis Logistics eyes Gulf-based firm's liquid storage terminal
Mumbai-based oil, gas and chemical logistics company Aegis Logistics Ltd is looking to acquire the India assets of a UAE-based ......
TMT
TVS Group-backed Carcrew acquires ClickGarage
Mumbai-based car servicing startup Carcrew Technology Pvt. Ltd has acquired Delhi-based ClickGarage in a stock-and-cash deal, a top executive at ......
Infrastructure
India Grid Trust buys stake in Techno Electric's transmission asset
India Grid Trust, an infrastructure investment trust (InvIT) sponsored by power transmission company Sterlite Power Grid Ventures Ltd, has signed ......
Finance
Fairfax to acquire 51% in Catholic Syrian Bank
Canadian billionaire Prem Watsa’s Fairfax India Holdings Corporation is acquiring a 51% stake in Kerala-based Catholic......