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ACQUISITION

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 &...

Walmart acquires Tiger Global’s stake in Flipkart for $1.4 billion

The transaction took place at an enterprise valuation of around $35 billionNew Delhi: US retail giant Walmart has acquired the entire stake of Tiger Global for USD 1.4 billion at an enterprise valuation of $35 billion, sources aware of...

CCI approves acquisition of commercial real estate assets by Nexus Select Trust

The proposed transaction involves the direct acquisition of 100% shareholding of 15 entities and indirect acquisition of 100% shareholding of two entities New Delhi: Competition Commission of India on Monday approved the acquisition of commercial real estate assets by Nexus Select...

Goat Brands in talks to acquire Chumbak

Goat Brands is acquiring 80% controlling stake in ChumbakNew Delhi: Goat Brands Labs, which owns a host of direct to home or D2C brands, is in talks to acquire Chumbak, two people familiar with the development said.One of them...
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Amazon India announces new product ranges, deals for Prime Day 2024

Amazon India has launched thousands of new products across over 450 Indian and global brands, for Prime Day 2024New...
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