Acquisition

Bharat Petroleum Privatization On Track, Lots Of Private Firms Interested To Buy Stake During the second quarter of FY20, Bharat Petroleum Corporation Ltd (BPCL) is expected to make a significant improvement in gross refining margin…

Reliance Jio is dominating the telco industry right now, with over 100 million subscribers in less than 170 days, and Vodafone-Idea merger is going to take place soon. This means Airtel has to buckle up to take these giants head-on.…

The Indian Internet story in India which is just over a decade old has unfolded itself beyond anyone’s imagination. It kick started in 2004 with eBay starting its operations in India by acquiring Baazee.com (India’s largest online…

$26 billion is certainly a lot of money; especially when it’s paid in cash to acquire a professional social network, which reported an increase in loss during the first quarter of 2016. The industry wasn’t expecting any marriage…

This is big – World’s largest software maker Microsoft has acquired Linkedin, the World’s leading professional social network. In an official announcement made today, Microsoft said that they have entered into a definitive agreement…

Around mid of May, Jugnoo relaunched its hyperlocal grocery delivery business ‘Fatafat’ to Chandigarh residents, in a bid to strengthen and diversify its delivery business. The Chandigarh-based company aims to provide affordable grocery…

Zo rooms, the online budget hotel accommodation startup which promised to become a formidable player in this niche has been finally acquired by Oyo Rooms. This acquisition has been confirmed by SoftBank as they shared their earnings…

If you don’t know about Swiftkey, it is possible you have been using a Windows or a Blackberry for a very long time. Swiftkey is one of the most popular keyboard applications available on iOS and Android and is being used by over 300…

It’s becoming a fad with Startups in India, isn’t it? Using Twitter to cheekily announce important news like acquisitions and partnerships. That’s exactly what Quikr and CommonFloor did earlier today and confirmed to the world that…

Sumit Jain, CEO of CommonFloor has given indications that they may want to go solo for time being, and not get acquired by Quikr. This recent development regarding this high profile acquisition emerged after we questioned him on…

We have another big acquisition in Indian startup Ecosystem. While the rumours have been around for few weeks now, it seems that the deal has been sealed. Quikr, India’s leading digital classifieds portal has acquired real estate portal…

Housing.com, whose business model included purchasing a premium domain for $1 million, is experiencing rough weather as of now. After their founder and CEO Rahul Yadav was sacked by the investors and mass firing done to reduce expenses;…

Practo, India’s leading Doctor discovery and appointment platform has acquired Insta Health solutions, a cloud based end to end hospital information management solution (HIMS) for $12 million or roughly INR 78 crore rupees. Insta…

The brand TaxiForSure is now dying a slow death; infact if we leave aside some urban cities, then its almost dead. In a blog post, TaxiForSure announced that they are pulling out of 22 Indian cities, and transferring control to Ola.…

Wipro Digital’s shares are trading on the green side ever since the company announced a prospective Danish takeover. Confirming the acquisition on late 9th July evening, the deal is set to have been agreed on Rs. 595 crores (Euro 85…

Economic Times (ET) has reported that Quikr is in talks with Housing.com for a possible acquisition. As per three sources mentioned by ET, the deal can be in the range of Rs 1100 crore, which depends on the cash and stock split.…

Capgemini is acquiring iGate for $4 billion, which makes it the largest merger and acquisition of any IT company founded by Indians. Globally, this will be the largest acquisition of any IT Services based company. Capgemini is paying…

Zomato’s acquisition spree continues – They have acquired Payments platform MaplePOS, which will now be the backbone of their soon to be launched Zomato Base, a customizable cloud based Point of Sale (POS) system specifically targeted…

Finally, it’s confirmed. Snapdeal has acquired Freecharge. The rumours that have been around for couple of weeks now can be put to rest. Although, the financials of the deal have not been disclosed WSJ has quoted one person familiar with…

The nascent Indian taxi aggregation industry witnessed it’s first major consolidation yesterday when Ola Cabs acquired Taxi For Sure by paying $200 million (Rs 1200 crore) in cash and stock. Now, among the top 4 players in the online…