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ACQUISITION

Alphabet gets CCI’s clearance to acquire stake in Flipkart

Shoreline International Holding is a wholly-owned subsidiary of Google’s parent firm Alphabet IncNew Delhi: The Competition Commission on Tuesday granted approval to Alphabet’s arm Shoreline International Holdings LLC to acquire a stake in Walmart group firm Flipkart.Shoreline International Holding...

Nexus Select Trust in discussion to acquire 5 new assets

The company, which reported 8% Y-o-Y Retail NOI growth in quarter ended 30 June, aims to double its retail net operating income in the next five yearsMumbai: Nexus Select Trust, India’s first listed Retail REIT, is in discussions to...

CCI clears Amazon Asia’s 76% stake buy in Frontizo

 Frontizo’s wholly-owned subsidiary, Appario Retail, is engaged in retail (B2C) business and wholesale (B2B) sales in IndiaNew Delhi: Fair trade regulator Competition Commission of India (CCI) on Tuesday approved Amazon Asia-Pacific Holdings' proposal to acquire a 76% stake in...

GoKwik’s KwikChat to power over 5,000 eCommerce brands globally, eyes four-fold revenue

GoKwik launched KwikChat in June of last year following the acquisition of the WhatsApp commerce platform Tellephant New Delhi: KwikChat, a WhatsApp commerce solution by eCommerce enabler GoKwik, aims to increase its revenue fourfold as it seeks to evolve into...

Sky Gold Ltd. acquires Starmangalsutra and Sparkling Chains

The acquisition aims towards expanding Sky Gold’s total addressable market (TAM) and increasing product presence New Delhi: Mumbai-based jewellery company Sky Gold Ltd. has diversified its portfolio by acquiring Starmangalsutra Pvt. Ltd. and Sparkling Chains Pvt. Ltd., the company announced...

Amazon to acquire some assets of MX Player in $80-100 mn deal

MX Player is among the top three video players and editors app categoryNew Delhi: US technology firm Amazon has signed an agreement to acquire some of the assets of Times Internet's video entertainment platform MX Players in an estimated...

Honasa Consumer acquires cosmetic formulation brand CosmoGenesis

CosmoGenesis will exponentially increase Honasa's ability to research new trends with greater efficienciesNew Delhi: Honasa Consumer, which owns FMCG brands Mamaearth and The Derma Co, on Monday said it has acquired cosmetic formulation maker CosmoGenesis Labs for an...

Hyper-local e-comm firm magicpin plans to hire 250 people over next 6 months

The fresh hiring will take the total workforce to over 550 excluding the collaborative workforce of 100 people that will be hired for the ONDC projectNew Delhi:Hyper-local e-commerce company magicpin said it plans to hire more than 150 professionals...

Reliance Retail in talks to acquire Kiko Milano’s India beauty biz

Kiko Milano would be Reliance Retail’s second acquisition of a global beauty and cosmetics brand after Sephora’s India businessNew Delhi: Reliance Retail is in talks with Italy’s beauty brand Kiko Milano to acquire its India business in a bid...

Ex-Puma MD Abhishek Ganguly to buy sports footwear maker Mochiko Shoes

Abhishek Ganguly left Puma to start Agilitas Sports, a sportswear and Athleisure solutions platform. The company has now bought Mochiko, the country's largest sports footwear manufacturer, for an undisclosed amountNew Delhi: Agilitas Sports, co-founded by former Puma India &...
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Digital Icon : Rakesh Bali

Rakesh Bali is at the helm of brand marketing, communications, events, and sustainability-related marcom initiatives for the petrochemicals segment...
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