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Delivery Hero Holding GmbH (“Delivery Hero”) announced today the acquisition of Emerging Markets Online Food Delivery Holding S.à r.l. (“foodpanda”). In exchange for all its shares in foodpanda, Rocket Internet SE (“Rocket Internet” or the “Company”) received newly issued shares in Delivery Hero increasing its stake in Delivery Hero to c. 37.7% (on a fully …
New Delhi, October 4, 2016 – Leading experiences, activities and rewards platform, Nreach Online Services Pvt. Ltd., said today that it has signed an agreement of investment with India’s largest leisure hospitality provider, Mahindra Holidays. The strategic decision to acquire a 12 per cent stake in the Bengaluru based company which runs two brands, namely, …
Mumbai, September 30, 2016: Kotak Mahindra Bank Limited (Kotak), today announced that it has executed binding share purchase agreement to acquire 99.49% of equity shares of BSS Microfinance Private Limited (BSS), a Non-Banking Finance Company, classified as a NBFC-MFI, from existing shareholders subject to regulatory and other approvals, including Reserve Bank of India. The acquisition …
Blueair AB Blueair AB – Aug 16, 2016 06:21 GMT Blueair founder Bengt Rittri says Blueair is saying yes to leveraging the help of Unilever – one of the world’s most admired corporations for its sustainability practices. Stockholm, Sweden, August 16, 2016 – Blueair, a world leader in air purifying solutions with acclaimed leading-edge filtration …
India’s strongest online vertical platform and biggest fashion shopping destination is born New Delhi and Bengaluru, July 26, 2016: Myntra, a Flipkart Group company, today announced the acquisition of Jabong from Global Fashion Group to create India’s biggest fashion shopping destination. The acquisition of Jabong further strengthens Flipkart Group’s position as the undisputed leader in …
Deepens its Leadership in Metalworking Fluids and Industrial Lubricants- says Sanjay Hinduja Mumbai, July 8th 2016: Houghton International Inc., subsidiary of Gulf Oil International, a Hinduja Group Company, announced today that it has acquired Wallover Enterprises, a North American metalworking fluid and industrial lubricant manufacturer, incorporated in 1863 and headquartered in Strongsville, Ohio. This acquisition …
Leading healthcare investor to help drive growth for top cancer treatment network in India Fort Worth,Texas and San Francisco – April 27, 2016 – TPG Growth, the middle market and growth equity investment platform of TPG, a leading global private investment firm, today announced it will acquire a majority stake in Cancer Treatment Services International …
Minda Corporation has acquired 100% Equity of Panalfa Autoelektrik Limited New Delhi, 05th April 2016: Global Automotive Component manufacturer ‘Spark Minda, Ashok Minda Group’ today announced the acquisition of Panalfa Autoelektrik Limited through its flagship company, Minda Corporation Limited. The Group has acquired 100% Equity of Panalfa Autoelektrik Limited. Panalfa Autoelektrik Limited, founded in …
New Delhi March 21st, 2016: India’s leading in-restaurant payments app Ruplee today announces that it has been acquired by former Foodpanda MD Rohit Chadda’s new venture Paylo.in. Rohit exited Foodpanda and founded Paylo.in with a vision to digitize offline retail payments. The company raised seed funding from investorsin August last year. Ruplee launched its operations …
One of Country’s Leading Salesforce Partner for Implementing Digital Transformations Santa Clara, CA and Pune, India March 15, 2016 Persistent Systems (BSE & NSE: PERSISTENT) today announced the acquisition of one of Australia’s leading Salesforce partner and cloud application development firms, PRM Cloud Solutions. Based outside Perth, the systems integrator is a certified Salesforce …