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CCI approves 9.3% stake purchase by Zomato in Grofers India
Zomato has invested $100 million (around Rs 745 crore) for acquiring a minority stake in Grofers
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Tata Sons arm to acquire controlling stake in Tejas Networks
The firm will make a preferential allotment of 1.94 crore equity shares at a price per equity share of Rs 258 per share to Panatone
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Reliance Retail to acquire 40.9% stake in Just Dial
Reliance Retail will acquire a 40.95% stake through preferential allotment of 2.11 crore shares at Rs 1,022.25 apiece, totaling Rs 2,164.9 crore
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Kotak arm to acquire stake in stock analytics firm KIPL
With this acquisition, Kotak Securities will explore providing e-learning and digital value-added services to its customers
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Zomato seeks CCI nod for stake buy in Grofers India, HoT
Online food ordering platform Zomato looks to acquire approximately 9.3% stake in each of Grofers India and Hands on Trades Pvt Ltd (HoT)
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Tata Digital to invest $75 millionn in Curefit
Curefit's founder and chief executive Mukesh Bansal will join Tata Digital in an executive role as its president
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PharmEasy acquires Medlife, creates country’s largest e-pharmacy
As part of the deal, Medlife will cease operations and its users will be able to use their log in credentials to access the PharmEasy app
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upGrad buys online higher education startup Impartus for Rs 150 crore
After the completion of the acquisition Impartus will be rebranded as upGrad Campus, and will boost its revenue run-rate by an additional Rs 85 crore
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Deal numbers touch a decadal high in April despite 2nd COVID-19 wave
The total value of the transactions in April stood at over $13 billion, the report by Grant Thornton said, pointing out that domestic M&A transactions
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Walmart-owned Flipkart to acquire Cleartrip; all employees to be retained
Under the terms of the agreement, Cleartrip operations will be acquired by Flipkart and Cleartrip will continue to operate as a separate brand
