Discover 12 articles related to Acquisition
Reports suggest Uber is in early-stage talks to acquire BluSmart Mobility, a leading EV ride-hailing service in India. However, BluSmart has refuted these claims, stating that no such discussions are taking place. This potential acquisition, if true, could be a strategic move for Uber in India's competitive electric mobility space.
Groww is reportedly negotiating the acquisition of Fisdom in a strategic move to diversify its services, expanding into wealth management amid regulatory changes affecting its core business.
Sun Pharmaceutical Industries is set to acquire Checkpoint Therapeutics for $355 million, adding the FDA-approved UNLOXCYT to its oncology portfolio. This move aligns with Sun Pharma's strategy to expand its immunotherapy offerings.
GaragePlug has acquired Freshreview to integrate review management into its automotive service platform, aiming to enhance efficiency and customer satisfaction for service centers.
Flipkart-backed Super.money has acquired checkout financing platform BharatX to enhance its credit offerings. The integration aims to provide innovative BNPL solutions through UPI, expanding financial accessibility for consumers and merchants.
BrightChamps has acquired Mumbai-based K-12 platform Edjust in a cash and stock deal, marking its fourth acquisition. Founded by Ravi Bhushan and led by CEO Anupam Nagar, BrightChamps aims to expand its edtech footprint by integrating Edjust’s offerings into its platform, reinforcing its commitment to future-ready education.
LEAP India has announced the acquisition of CHEP India Private Limited (CIPL), a prominent player in the supply chain industry. This strategic move aims to expand LEAP India's reach and capabilities in providing innovative and sustainable supply chain solutions across sectors such as FMCG, automotive, retail, and e-commerce.
Vinay Hiremath, an Indian-origin entrepreneur and co-founder of Loom, sold his startup to Atlassian for $975 million in 2023. Despite this significant achievement, Hiremath has expressed uncertainty about his future endeavors, sharing his thoughts in a candid blog post.
Hindustan Unilever Limited (HUL) is reportedly in advanced discussions to acquire Jaipur-based skincare startup Minimalist for approximately ₹3,000 crore ($350 million). Founded in 2020 by brothers Mohit and Rahul Yadav, Minimalist has gained prominence for its ingredient-focused skincare products and has demonstrated significant financial growth, with revenues nearly doubling from ₹184 crore in FY23 to ₹350 crore in FY24. The acquisition aligns with HUL's strategic focus on high-growth segments within the beauty and personal care industry.
TagZ Foods, renowned for its air-popped, guilt-free snacks, has been acquired by Reliance Retail for ₹28 crore. From its Shark Tank India debut to redefining snacking, TagZ’s journey exemplifies startup success. With Reliance’s backing, the brand is set to expand its reach, driving a healthier snacking revolution in India.
Phenom, a US-based HRtech company, has acquired Tydy, another US HRtech startup specializing in pre-boarding and onboarding solutions. With development centers in Hyderabad and Vizag employing 850 and 250 people respectively, Phenom aims to significantly expand its workforce. Tydy, based in Bengaluru with a 40-person team, will have its team, including co-founders Kiran Menon, Nikhil Gurjer, and Gaurabh Mathure, integrate into Phenom. The acquisition, Phenom's fifth, is set to enhance the employee onboarding process and shorten the time to productivity. Valued at $1.4 billion in 2021, Phenom emphasizes the strategic value of this acquisition in improving HR practices and expediting operational steps necessary for new hires. Tydy’s technology will now support Phenom's comprehensive approach to optimizing hiring, growth, and retention outcomes across organizations.
