Tata Consumer Products Limited announced that it will acquire PepsiCo’s stake in NourishCo Beverages Limited, a 50:50 joint venture (JV) between the two Companies. The JV was formed in 2010 through a joint venture agreement between Tata Global Beverages and PepsiCo India. Tata Consumer said that the acquisition will widen its portfolio in the Food…
Accenture announced that it has acquired Byte Prophecy, an automated insights and big data analytics company based in Ahmedabad, to meet the growing demand for enterprise-scale AI and digital analytics solutions across the region. The acquisition will add nearly 50 data science and data engineering experts, with a particular focus on insight automation, to Accenture…
The Boston Group Private Limited announced that it has acquired People Prime Worldwide, a recruitment consultancy in India. The acquisition will empower The Boston Group to strengthen its position in the software services industry globally enabling them to deliver best in class resources to their clients and drive business growth. This acquisition will expand The…
HealthAssure, a Mumbai-headquartered healthtech startup has announced the acquisition of FitMeIn, an on-demand fitness subscription service, according to a YourStory report. With this transaction, HealthAssure aims to serve the healthcare needs of more than five million individuals in the country from fitness solutions to primary care by the end of 2020. Varun Gera, Founder and…
Global investment firm The Carlyle Group and the existing promoters of SeQuent Scientific Ltd, announced that CA Harbor Investments, an affiliated entity of CAP V Mauritius Ltd and The Carlyle Group, has agreed to acquire an equity stake of up to 74% in SeQuent Scientific Limited, the largest pure-play animal healthcare company in India. The…
Kubota Corporation, a leading global tractor and machinery manufacturer from Japan, will acquire 10% equity stake, on a post capital reduction basis, in Escorts Ltd., a leading engineering conglomerate in India, in order to integrate and deepen their relationship towards achieving their mutual ambition of global leadership. Upon completion of this transaction, Escorts and Kubota…