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Deals Digest: PE firms swing in action but M&As remain tepid

Healthcare

17 January, 2025

Deals Digest: PE firms swing in action but M&As remain tepid

Deal activity in India picked up in the week gone by as several private equity firms struck transactions across ......

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Amazon buying fintech Axio but few VC investors emerging as winners

TMT

16 January, 2025

Amazon buying fintech Axio but few VC investors emerging as winners

Ecommerce giant Amazon has agreed to acquire India's Axio in a transaction that will likely leave little on the ......

Amazon's investment arm sells Shoppers Stop stake

Consumer

18 December, 2024

Amazon's investment arm sells Shoppers Stop stake

Amazon.com NV Investment Holdings LLC, a subsidiary of American e-commerce company Amazon.com Inc., on Wednesday sold ......

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VC-backed SectorQube draws takeover interest after failed deal

TMT

13 November, 2024

VC-backed SectorQube draws takeover interest after failed deal

SectorQube Technolabs Pvt. Ltd., which makes smart locks under the IKIN brand, has received inbound interest for an ......

Enforcement Directorate to summon Amazon, Flipkart executives as scrutiny grows

TMT

11 November, 2024

Enforcement Directorate to summon Amazon, Flipkart executives as scrutiny grows

India's financial crime agency will summon Flipkart and Amazon executives as it steps up an investigation into ......

Enforcement Directorate raids offices of sellers using Amazon, Flipkart platforms

TMT

07 November, 2024

Enforcement Directorate raids offices of sellers using Amazon, Flipkart platforms

India's financial crime agency has raided offices of some sellers operating Amazon and Walmart-owned Flipkart in an ......

Retail group seeks antitrust probe of Swiggy, Blinkit, Zepto

TMT

21 October, 2024

Retail group seeks antitrust probe of Swiggy, Blinkit, Zepto

India's biggest group of retail distributors has asked the antitrust authority to investigate three quick commerce ......

Nestle nominates former Amazon exec Manish Tiwary as India MD

Consumer

07 October, 2024

Nestle nominates former Amazon exec Manish Tiwary as India MD

Nestle SA has nominated former Amazon India exec Manish Tiwary to replace Suresh Narayanan as the managing director of......

Amazon names veteran Samir Kumar as new India head

People

18 September, 2024

Amazon names veteran Samir Kumar as new India head

Amazon.com named Samir Kumar as its new India head on Wednesday, handing the reins to a 25-year company veteran as ......

CCI probe finds Amazon, Walmart's Flipkart breached India antitrust laws

TMT

13 September, 2024

CCI probe finds Amazon, Walmart's Flipkart breached India antitrust laws

An Indian antitrust investigation has found U.S. e-commerce giant Amazon and Walmart's Flipkart violated local ......

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