1. Articles in category: Acquisition

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    1. Amazon to acquire 5% stake in offline retailer Shoppers Stop

      Amazon to acquire 5% stake in offline retailer Shoppers Stop

      K Raheja Corp Group owned retail chain Shoppers Stop Limited has entered an Investment Agreement with Amazon.com NV Investment Holdings LLC to sell 43,95,925 equity shares or about 5% stake in the company for Rs 407.78 per equity share or Rs 179.25 crore. Shoppers Stop’s Board of Directors have approved this stake sale, and on October 18 the matter will be brought up in front of shareholders for their approval.

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      Mentions: ESB
    2. ItzCash parent Ebix acquires a third money transfer company for $40 million

      ItzCash parent Ebix acquires a third money transfer company for $40 million

      Ebix, the parent company which owns ItzCash, has acquired a third money transfer company in India and has bought Paul Merchants for around $40 million through its Indian affiliate. As a part of the Transaction, Paul Merchants will also take a 10% stake in Ebix’s combined international remittance business entity in India for cash consideration.

      Last month, Ebix acquired Money Transfer Service Scheme (MTSS) businesses of YouFirst Money Express Private Limited and Wall Street Finance Limited.

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    3. Ant Financial is resubmitting its application to US panel for its bid for MoneyGram: report

      Ant Financial is resubmitting its application to US panel for its bid for MoneyGram: report

      Ant Financial’s takeover bid for MoneyGram is running into further trouble with US President Donald Trump’s “America First” policy. Ant Financial is resubmitting its application for US review of its deal to buy the money transfer service, reports Reuters. Both the companies... ...

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    4. Paytm in talks to acquire online travel startup Via.com: Report

      Paytm in talks to acquire online travel startup Via.com: Report

      > Paytm in talks to acquire online travel startup Via.com: Report Paytm in talks to acquire online travel startup Via.com: Report Via.com has a strong presence in India, South Asia and the Middle East. News Flush with funds from Japan’s SoftBank, India’s second-most valuable startup Paytm is on the verge of another acquisition. And this time, it is in the online travel space.

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    5. Yepme employees to take legal action due to nonpayment of salaries for 6 months

      Yepme employees to take legal action due to nonpayment of salaries for 6 months

      A group of employees of online fashion retailer Yepme are planning to take legal action against the parent company VAS Data Services Private Limited for nonpayment of salaries for over six months, reports The Times of India. The report mentions that this group of about 20 employees had sent a legal notice to the company last month demanding that their salaries be paid within 15 days, but there was no acknowledgement from Yepme’s end.

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    6. Zomato announces acquisition of hyperlocal logistics startup Runnr

      Zomato announces acquisition of hyperlocal logistics startup Runnr

      The deal allows Zomato to strengthen its food delivery operations as competition rises.

      India’s leading food startup Zomato has acquired on-demand food delivery service Runnr in a bid to strengthen its logistics division. While the size of the deal is not known, Runnr’s 1,500-strong workforce will join the Zomato team on completion of the acquisition. Zomato’s food delivery operations started two years ago, and last month, hit 3 million orders.

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    7. India’s Zomato completes long-rumored acquisition of logistics startup Runnr

      India’s Zomato completes long-rumored acquisition of logistics startup Runnr

      Zomato, the global restaurant guide and food on-demand service, has made an acquisition to shore up its delivery business on home turf after it completed a deal for Runnr. The acquisition has been rumored since May and is much-anticipated, as Zomato CEO Deepinder Goyal himself acknowledged in an announcement. The all-stock deal was previously pegged at $40 million by Indian media, but…

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    8. PremjiInvest may acquire 10-15% stake in Wildcraft India

      PremjiInvest may acquire 10-15% stake in Wildcraft India

      you are here: Home News Business Sep 13, 2017 10:52 AM IST | Source: Moneycontrol.com PremjiInvest may acquire 10-15% stake in Wildcraft India The family investment arm of Wipro’s chairman Azim Premji is looking to invest Rs 100 crore in the Bengaluru-based outdoor and adventure product company. Moneycontrol News PremjiInvest is in negotiations to acquire a 10-15 percent stake in Wildcraft India Private Limited, according to a Livemint report.

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    9. Zomato acquires Runnr to boost food delivery biz

      Zomato acquires Runnr to boost food delivery biz

      Zomato acquires Runnr to boost food delivery biz N V Vijayakumar, DH News Service, Bengaluru, Sep 13 2017, 15:37 IST Accordingecommerce analyst, the acquisition will further enhance Zomato's capability further penetrate in the delivery business where it is facing stiff competition from Naspers-backed Swiggy. To fuel its ambitious growth plan, food technology startup Zomato on Wednesday acquired hyper-local delivery startup Runnr.

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    10. SBI Cards Launching Contactless Payments – Smartphone Is The New Card

      SBI Cards Launching Contactless Payments – Smartphone Is The New Card

      The new update for the SBI Card app will enable customers to make payments by just tapping their smartphones at PoS (Point of Sale) terminals. To make cashless payments faster and more convenient, State Bank of India (SBI) is working with GE Capital to allow contactless payments at PoS terminals.

      As per reports, the move will make cashless payments easier and more widespread. It is a step towards making cashless payments easier by allowing contactless payments at PoS points.

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    11. Paytm in talks to acquire deal discovery startup Little: Report

      Paytm in talks to acquire deal discovery startup Little: Report

      Paytm had led a $50 million funding round in Little back in 2015.

      Paytm has fast-expanded from being a mobile wallet operator to a full-fledged e-commerce business. It now allows movie bookings, hotel and airline ticketing, gold-buying, online shopping, payments banking, digital gifting, etc. besides the core payments and recharge service. Soon, it is rumored to be getting into e-grocery as well.

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  1. Categories

    1. Markets:

      Bollywood, Gaming, Maps/Local, Mobile, Outsourcing, Social Networking, Telecom, Travel, Video
    2. Financing:

      Acquisition, Funding
    3. Other:

      Jobs, Reports
  2. Popular Articles

  3. Organizations in the News

    1. (10 articles) Softbank
    2. (5 articles) Economic Times
    3. (5 articles) Deepinder Goyal
    4. (4 articles) Flipkart
    5. (4 articles) Blume Ventures
    6. (4 articles) Tiger Global
    7. (3 articles) Alibaba Group
    8. (3 articles) Times of India Group
    9. (3 articles) Goyal
    10. (3 articles) OLA
    11. (3 articles) Printo
    12. (3 articles) Ltd
  4. People in the News

    1. (4 articles) Vijay Shekhar Sharma
    2. (3 articles) Manish Chopra
    3. (3 articles) Satish Mani
    4. (2 articles) Manish Sharma
    5. (1 articles) Vamshi Reddy
    6. (1 articles) Binny Bansal
    7. (1 articles) Aditya Birla
    8. (1 articles) Himachal Pradesh
    9. (1 articles) Girish Mathrubootham
    10. (1 articles) Hero MotoCorp
    11. (1 articles) Rajesh Magow
    12. (1 articles) Pawan Munjal
  5. VC Funds in the News

    1. (13 articles) Sequoia Capital India
    2. (5 articles) SAIF Partners
    3. (3 articles) Nexus Venture Partners
    4. (3 articles) Accel Partners
    5. (1 articles) GE Capital
    6. (1 articles) IDG Ventures India
    7. (1 articles) Peepul Capital
    8. (1 articles) First Round Capital
    9. (1 articles) Sherpalo Ventures
    10. (1 articles) SIDBI Venture