MERGER & ACQUISITION

Japanese lender to acquire 74.9% stake in Fullerton India Credit Co for $2 bln

Japan's second-largest lender by assets, Sumitomo Mitsui Financial Group Inc (SMFG), today said that it would buy a 74.9% stake in Fullerton India Credit...

Swedish gaming firm acquires Indian startup PlaySimple for $360 mln

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Swedish gaming giant Modern Times Group (MTG) has acquired Indian startup PlaySimple for at least $360 million. MTG said it will pay 77% of the acquisition...

InMobi’s Glance to acquire social commerce platform Shop101

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InMobi Group-owned content discovery platform Glance has announced that it is acquiring full stack e-commerce platform Shop101. Financial details of the deal are yet...

BharatPE acquires loyalty platform PAYBACK India

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Merchant payments and financial lending services provider BharatPe has acquired multi-brand loyalty platform PAYBACK India from American Express and ICICI Investments Strategic Fund, which...

Bentley Acceleration Initiatives acquires Chennai-based Nadhi Information Technologies

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Bentley Acceleration Initiatives has announced the acquisition of Chennai-based Nadhi Information Technologies Ltd., a specialist in project controls, analytics, and decision support for construction...

Competition Commission Of India (CCI) Approves Tata Digital-BigBasket Deal

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The Competition Commission of India (CCI) has approved Tata Digital Ltd's proposal to acquire a majority stake in Alibaba-backed online grocery marketplace BigBasket. Tata Digital,...

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