Agri-tech startup LeanAgri has raised an undisclosed amount in a seed round led by venture capital firm India Quotient and joined by angel investors, a senior executive of the company told TechCircle. — VCCircle LegaLogic Consulting advised LeanCrop Technology Solutions Private Limited led by a team...

CESC Ventures, a part of the Sanjiv Goenka-owned RP-Sanjiv Goenka Group, will acquire a majority stake in Herbolab India Pvt Ltd, makers of ayurvedic medicines and products under the ‘Dr Vaidya’s’ brand. — Hindu Business Line Khaitan & Co advised CESC Ventures Limited India led by a team of par...

JSW Steel has entered into an agreement with JSM International, Acero Junction Holdings and Acero Junction Inc. to acquire 100% shareholding in Acero Junction, in the US for a cash consideration of $80.85 million. — The Economic Times The deal closed in June 2018. Economic Laws Practice (ELP) advise...

Stellar Value Chain Solutions Pvt. Ltd. (Stellar), a third-party logistics services company, has announced the 100 per cent acquisition of “Patel Roadways” business, the surface transportation arm of Patel Integrated Logistics Ltd. (PILL). — Newstoday Economic Laws Practice (ELP) advised Innovative ...

SAMHI Hotels Private Limited acquired 33% shareholding of SAMHI JV Business Hotels Private Limited from Luxury Singapore Holding Company Pte Ltd., an entity of the Marriott Group. Consequent to such acquisition, SAMHI Hotels Private Limited holds 100% of the shareholding of SAMHI JV Business Hotels ...

Google India and Tata Trusts announced the expansion of its ‘Internet Saathi’ program in the state of Tamil Nadu on Wednesday. Google India will facilitate the provision of Google Cloud credits and access through its affiliate, for eligible startups engaged with Tamil Nadu Government’s startup initi...

Haldiram Snacks has acquired the Namkeen brand Babaji and associated inventory from Lamba Food for an estimated value of around Rs 30 crores. The deal includes the acquisition of the Babaji brand, associated inventory, and associated plant and machinery. The deal was structured as an intellectual pr...

Bahrain-based global alternate assets manager Investcorp … announced the start of its operations in India with the acquisition of the private equity (PE) and real estate (RE) investment management businesses of IDFC Alternatives Ltd. — Mint Nishith Desai Associates advised Investcorp led by a team o...

EXLService Holdings, Inc, … a leading operations management and analytics company, announces that on July 1 it closed the acquisition of SCIOInspire Holdings, Inc., a West Hartford Connecticut-based leading healthcare analytics solution and services company (doing business as SCIO Health Analytics)....

Fortis Healthcare Friday said its subsidiary Fortis Healthcare International will sell its entire stake in Medical and Surgical Centre Ltd (MSCL). — Businesstoday “Fortis Healthcare International Ltd (FHIL), a wholly owned subsidiary of Fortis Healthcare Ltd, which is incorporated in Mauritius, has ...

Info Edge (India) Ltd, the operator of jobs site Naukri.com and real estate portal 99acres.com, has agreed to acquire the company behind jobs portal iimjobs.com. Mumbai-listed Info Edge said in a stock-exchange filing it will buy Highorbit Careers Pvt. Ltd for Rs 80.82 crore ($11.6 million) in cash....

Wapcos Limited acquired the National Projects Construction Corporation Limited (“NPCC”), as aprt of the Government of India initiative to raise funds from strategic disinvestment through sale of government’s shareholding in CPSE’s, according to reports . Link Legal India Law Services advised Wapcos ...

ACI Worldwide, a global provider of real-time electronic payment and banking solutions has made an undisclosed investment in Mumbai based Mindgate Solutions. The digital payments firm is a market leader in processing Unified Payment Interface (UPI) transactions, with almost 70% of all UPI transactio...

Japanese steel major Sumitomo Corporation has acquired 49 per cent stake in Mukand Sumi Special Steel, a joint venture set up in partnership with Mukand Steel, for ₹1,181 crore. Mukand Ltd will own 51 per cent equity in the joint venture company. — Hindu Business Line Argus Partners advised Mukand L...

AllyGrow Technologies, a global engineering service provider to the automotive, heavy engineering and aerospace industries, and Grammer AG, one of the leading automotive interior specialists well known for its innovative and high-quality products have recently joined forces in the form of setting up...

Reed Exhibitions, a division of RELX, has announced the acquisition of PackPlus- a portfolio of leading trade fairs previously owned by Next Events, serving the Indian packaging industry. Launched in 2006, PackPlus, an annual event held in Delhi, has established itself as India’s largest dedicated g...

Birla group flagship Grasim Industries has signed an agreement to acquire Soktas India from its Turkish promoters for Rs 165 crore. Soktas is a wholly-owned subsidiary of the Turkish firm Soktas Tekstil Sanayi ve Ticaret, which produces and markets premium fabrics and has its main facilities at Soke...

Abu Dhabi Commercial Bank PJSC agreed to merge with Union National Bank PJSC and Al Hilal Bank to create the Gulf’s fifth-biggest lender with about $114 billion in assets. — Bloomberg All Thomson Reuters websites use cookies to improve your online experience. They were placed on your computer when y...

Reliance Industries-controlled Reliance Industrial Investment and Holdings Limited (RIIHL), has picked up majority stakes in two companies, Grab A Grub Services and C-Square Info Solutions, the petroleum-to-retail-to-telecommunications conglomerate announced on Saturday. In two separate filings made...

Tokyo-headquartered “M3 Inc has announced the acquisition of shares and consolidation of DailyRounds, Inc. (a US holding company…), which provides mobile applications and web services for doctors and medical students in India,” according to a company press release (PDF) . AZB & Partners advised...