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Acquisition

Showing 1 - 15 News out of 227

BigBasket acquires majority stake in three startup ventures

BigBasket has acquired milk delivery startups RainCan, Morning Cart and Kwik24.

October 20, 2018  |  comments ( 0 )  | 

DailyNinja acquires WakeupBasket

This deal marks DailyNinja’s second buyout in Hyderabad after the acquisition of 4amShop a couple of months ago.

October 16, 2018  |  comments ( 0 )  | 

Paytm may acquire UCWeb’s India biz

UC Browser has a strong foothold in Vietnam, Indonesia, Russia and its home turf, China.

October 12, 2018  |  comments ( 0 )  | 

Michael Kors buys Italian fashion house Versace

Luxury goods maker Michael Kors Holdings has strike a deal to acquire Italian fashion house Gianni Versace. The cost of whole acquisition stands at $2.1 billion.

September 26, 2018  |  comments ( 0 )  | 

OBOPAY acquires consumer-technology firm Mubble

The acquisition is aimed towards enhancing OBOPAY’s data analytics capabilities and mobile app expertise

September 24, 2018  |  comments ( 0 )  | 

Samara-Amazon acquires Kumar Mangalam Birla's More retail chain

Samara acquired majority 51% in Kumar Mangalam Birla’s ABRL while Amazon's investment arm, Amazon.com NV Investment Holdings LLC, the balance 49%.

September 20, 2018  |  comments ( 0 )  | 

Reliance Retail buys 16.31% in Genesis Colors

The aggregate equity shareholding of RRVL and RBL in GCL stands at 65.77 per cent.

September 10, 2018  |  comments ( 0 )  | 

Flipkart launches platform for refurbished products

The company recently announced their acquisition of AI-led speech platform Liv.ai, to target a similar customer base.

August 23, 2018  |  comments ( 0 )  | 

Traders to shut shops on Sep 28 against Walmart-Flipkart deal

The decisions were taken yesterday at the annual general meeting of CAIT held at Nagpur which was attended by over 200 prominent trade leaders across the country.

August 21, 2018  |  comments ( 0 )  | 

DailyNinja buys out 4amShop in all-cash deal

DailyNinja has acquired Hyderabad based 4amShop for an undisclosed amount in an all-cash deal.

August 10, 2018  |  comments ( 0 )  | 

Flipkart to close eBay.in, sell refurbished goods via new platform

Flipkart had bought eBay India operations last year. The funding round of $1.4 billion in 2017 saw participants such as Microsoft, Tencent, and eBay where it invested

July 25, 2018  |  comments ( 0 )  | 

Reliance Brands buys 8% additional stake in Genesis Colors

GCL was incorporated in November, 1998 and is in retailing and wholesale business of branded readymade garments, bags, footwear and accessories directly and through its

July 23, 2018  |  comments ( 0 )  | 

Reliance Brands picks 12.5% stake in Future101

Future101 is engaged in manufacturing, distribution and sale of luxury apparels in India.

July 05, 2018  |  comments ( 0 )  | 

Walmart may stretch further the Flipkart deal to close

In June, Walmart kickstarted the process of selling $16 billion worth of bonds to help finance its investment in Flipkart, offering fixed and floating rate notes in nine

July 02, 2018  |  comments ( 0 )  | 

Aditya Birla Retail signs pact to sell More to Samara Capital for Rs 4,300 cr

In 2017 fiscal, ABRL reported a 20% increase in sales to Rs 4,194 crore, narrowing net losses to Rs 644 crore from the year earlier. However, the company had debt of

June 30, 2018  |  comments ( 0 )  |