Dabur India Limited (Dabur) announced that it has signed definitive transaction agreements to acquire 51% shareholding of Badshah Masala Private Limited (Badshah), which is engaged in the business of manufacturing, marketing and export of ground spices, blended spices and seasonings. This acquisition is in line with Dabur’s strategic intent to expand its Foods business to…
Orbis Technologies, Inc. (Orbis), a global leader in delivering content solutions and services for large enterprise and governmental organizations worldwide, announced the acquisition of Writing Assistance, Inc (WAI), a company based in Minnesota specializing in professional writing talent and staffing. The combined companies will retain the Orbis Technologies, Inc. name and maintain its headquarters in Annapolis, MD. “With almost…
Warburg Pincus, a global private equity firm, announced that an affiliate of private equity funds managed by Warburg Pincus LLC, has entered into definitive agreements to acquire a majority stake in Vistaar Finance, an NBFC lending to MSMEs in India. Exiting shareholders would include WestBridge Capital (WestBridge), Elevar Equity (Elevar), Omidyar Network India (Omidyar) and…
Global pharmaceutical major Lupin Limited (Lupin) announced signing of an agreement to acquire all rights to two inhalation medicines, Brovana (arformoterol tartrate) Inhalation Solution and Xopenex HFA (levalbuterol tartrate) Inhalation Aerosol, from Sunovion Pharmaceuticals Inc. (Sunovion) for a purchase price of $75 million. The acquisition of these two brands expands Lupin’s portfolio of inhalation products…
V-Mart Retail Ltd. (V-Mart), India’s leading value fashion retailer, has signed a definitive agreement to acquire LimeRoad the freshness-first discovery marketplace built for the value-seeking aspirational Indian. Through this the Companies will leverage clear identified synergies and deliver emerging fashion trends at unbeatable value to 5 cr. digital first Shoppers of Bharat (Online and offline),…
‘Proof of Work’ Platform Belong.Education acquires Pune-based Intern Hiring platform InternIn to expand into Tier-II and tier-III cities. Aiming to tap the Early Talent Hiring market in India, HRTechstartup Belong acquired the country’s 2nd largest intern hiring platform – InternIn for an undisclosed amount on Friday. Starting with 3 colleges and 5 startups in May…
PDS Limited (PDS), the global fashion infrastructure company acquires a 51% stake in Delhi-based end-to-end design solutions company, DBS Lifestyle (DBS). DBS Lifestyle LLP, founded by Divya Suri and Bhawnish Suri, is a design-led company catering to fashion and home categories. DBS owns over 20,000 original textile designs and patterns and adds nearly 2500 artworks…
Perficient, Inc. (Perficient), the leading digital consultancy firm, announced the acquisition of Ameex Technologies Corporation (Ameex), an approximately $19 million revenue digital experience consultancy headquartered in Schaumburg, IL, with offshore operations located in Chennai, India. “We’re thrilled to continue to strengthen our global delivery capacity, enhance our digital capabilities and expand further within India with…
Moglix, a B2B e-commerce and digital supply chain solutions company, announced the acquisition of ADI’s India distribution business to spread its arms further into industrial goods distribution. ADI’s India business represents the Indian distribution arm of ADI Global Distribution, a leading global wholesale distributor of security, AV and low-voltage products, which is part of Resideo…
Vikas Lifecare Limited (VLL) announced it has acquired 30% stakes in the Ardh Sainik Canteens in an all-cash deal of INR 150 Million from its existing stakeholders. According to the company’s exchange filing, “Vikas Lifecare Limited, as a measure of forward integration, in order to extend its retail footprint across India, taking another giant leap…
RattanIndia Enterprises Limited announced that it is acquiring 100% shareholding in the electric motorcycles market leader Revolt Motors. The Company had earlier acquired 33.84% shareholding in Revolt with an option to further increase the shareholding. Revolt Motors currently has manufacturing facility in the auto manufacturing hub of Manesar, Haryana. Over the last one year, Revolt…
Accenture has acquired Blackcomb Consultants, a leading independent Guidewire partner in North America. Terms of the transaction were not disclosed. The acquisition enhances Accenture’s ability to deliver Guidewire solutions to insurers globally to help them become “cloud-first” businesses. Guidewire’s end-to-end technology platform combines digital, core analytics and artificial intelligence capabilities across the underwriting, billing, claims and…
Velodyne Lidar, Inc. announced the company has acquired Bluecity, a Montreal-based artificial intelligence (AI) software company whose next-generation, lidar-based solutions solve safety, traffic and infrastructure issues. The all-stock acquisition reinforces Velodyne’s commitment to enabling customer success by delivering industry-leading, AI-powered autonomous vision solutions. The addition of Bluecity is expected to be immaterial to operating expenses and cash…
Jubilant Foodworks Netherlands B. V. (JFN), a wholly-owned subsidiary of Jubilant FoodWorks Limited, announced it has increased its stake in DP Eurasia N.V., the exclusive master franchisee of the Domino’s Pizza brand in Turkey, Russia, Azerbaijan and Georgia. According to the company’s exchange filing, “we wish to inform that Jubilant Foodworks Netherlands B.V. (“JFN”), wholly owned…
Medcare, the premium healthcare provider under the Aster DM Healthcare group, announced its expansion into the premium wellness and beauty care segment with the acquisition of 60 % share in Skin 111 Clinics. Skin111 Clinics is an award-winning premium chain of aesthetic and wellness centres offering patients customised invasive and non-invasive beauty treatments, combining conventional…