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Posts Tagged ‘ acquisition ’

PickMyLaundry acquires OneClickWash in all-cash deal

Thursday, March 16, 2017 | More »

Laundry
New Delhi-based PML Solutions Pvt Ltd, which runs on-demand dry cleaning and laundry services provider PickMyLaundry, has acquired subscription-based laundry and dry cleaning startup OneClickWash for an undisclosed amount in an all-cash deal. The acquisition will help PickMyLaundry to leverage OneCl...

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Bharti Airtel picks up stake in fintech startup Seynse

Telecom major Bharti Airtel has acquired a strategic stake in Goa-based financial technology startup Seynse Technologies Pvt. Ltd, it said in a statement. The value of the investment is not disclosed. Seynse has created the digital lending platform Loan Singh which provides consumers access to loans...

22 February, 2017 | More »

Dhruv Shringi, Co-founder, Yatra.com

Yatra lists on Nasdaq, to focus on smaller cities and mobile tech for growth

Online travel firm Yatra plans to sharpen its focus on smaller cities and mobile technology for expansion, as it charts out a growth strategy after listing its shares in the US following the completion of a reverse merger with Terrapin 3 Acquisition Corp. Yatra Online Inc., which operates Yatra.com ...

20 December, 2016 | More »

Ctrip

Top MakeMyTrip shareholder to buy global travel search aggregator Skyscanner

Nasdaq-listed Ctrip.com International Ltd, which provides travel services including accommodation reservation, transportation ticketing, packaged tours and corporate travel management, has agreed to acquire global travel search site Skyscanner Holdings Ltd, for nearly £1.4 billion ($1.74 billion) i...

24 November, 2016 | More »

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IBM buys cloud services firm Sanovi

Tech Giant IBM has announced a definitive agreement to acquire Bangalore-based Sanovi Technologies Pvt. Ltd for an undisclosed amount on Thursday. The deal will enable IBM to bolster its cloud offerings. Bangalore-based Sanovi provides hybrid cloud recovery, cloud migration and business continuity s...

27 October, 2016 | More »

Sanjay Sethi, CEO, ShopClues.com

The mad rush for GMV is over, says ShopClues CEO Sanjay Sethi

While the Diwali season turned into a battle between Amazon, Snapdeal and Flipkart; ShopClues, run by Clues Network Pvt. Ltd., has been quietly chasing profitability. The Gurgaon-based firm is confident of registering EBIDTA (Earnings before Interest, Taxes, Depreciation and Amortization) profitabil...

24 October, 2016 | More »

MakeMyTrip-ibibo merger

MakeMyTrip-ibibo merger: What it means for hotel aggregators

The merger between MakeMyTrip and Naspers-owned ibibo Group could benefit hotel aggregators in India in more ways than one. To begin with, it will reduce cash burn and discounting, founders of several hotel aggregation platforms told TechCircle. On Tuesday, NASDAQ-listed and India’s oldest onl...

20 October, 2016 | More »

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Naspers: Master of consolidation in Indian Internet business

Consolidation is not an unfamiliar word for new-age Internet businesses. It signals a maturing of the industry after a burst of innovation backed by venture capital money. If the roughly decade-old history of Indian Internet industry is scanned, the real take-off with consumer adoption started only ...

20 October, 2016 | More »

Bob Iger

Disney working with bankers ​for a​ possible Twitter acquisition

Walt Disney has had talks about a potential acquisition of micro-blogging site Twitter and is working with bankers to evaluate a possible bid for the social media company, according to a report by the financial news agency Bloomberg. Some media reports have suggested that Twitter could fetch $30 bil...

27 September, 2016 | More »

Twitter2

Twitter starts talks to explore sale; Google, Salesforce potential suitors

Struggling microblogging platform Twitter Inc. seems to have inched closer to getting acquired. The San Francisco-based company has held preliminary talks with several technology companies, including Google and Salesforce, and could soon receive a formal buyout bid, international media reports said....

24 September, 2016 | More »

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