Open English Acquires Bengaluru-based Learning App Enguru
Open English, a Miami-based online learning firm, has acquired Bengaluru-based mobile language-learning app Enguru for an undisclosed amount in a share swap deal. As per Open English, English has been growing as one of the most commonly used languages in the workplace across India. Additionally, the rise of internet users […]
Listed Unicorn Nykaa To Acquire Digital Content Platform Little Black Book
Nykaa, a beauty ecommerce platform, has received its board’s approval to acquire digital content platform Little Black Book (LBB) in an all-cash deal. The transaction, which is subject to various regulatory approvals, is expected to be completed within 60 days. As per the beauty ecommerce platform, the acquisition of Little […]
Edtech Unicorn UpGrad Acquires Online Learning Platform Harappa Education
UpGrad, an edtech unicorn, has acquired New Delhi-based online learning platform Harappa Education for $38 million (about Rs 296 crore) in a cash-and-share swap deal. The edtech Unicorn has closed the acquisition deal with Harappa shareholders, Bodhi Tree Systems, and Co-founders Pramath Raj Sinha and Shreyasi Singh. UpGrad Acquires Harappa […]
Ananta Capital Acquires Majority Stake In Mattress Maker Springwel
Ananta Capital, a sector-agnostic investment management platform, has acquired a majority stake in Springwel Mattresses, a mattress and sleep solutions brand. The mattress and sleep solutions brand will use the capital for EBOs and distribution expansion, ramp-up of online channels of sale, the launch of new innovative products, and technology […]
SatSure Acquires Geospatial Firm Old City Innovations
SatSure, a Bengaluru-based innovative decision analytics startup, has acquired Philadelphia-based geospatial services provider Old City Innovations (formerly Geospoc LLC) in a cash-plus-stock deal. Making a foray into the US market, this latest acquisition comes a few weeks after SatSure bought SaaS platform CropTrails for an undisclosed amount to enter overseas […]
Rebel Foods Acquires Controlling Stake In Chocolate Brand SMOOR
Rebel Foods, a Mumbai-based cloud kitchen company, has acquired a majority stake in the luxury chocolate brand SMOOR. The development comes within months of Rebel Foods announcing its plans to invest $150 million over the coming years. This deal is in line with the company’s focus on investing and acquiring […]
Gupshup Acquires Conversational AI Platform Active.ai
Gupshup, a conversational messaging platform operated by Webaroo Inc., has acquired a conversational AI platform for banks and fintech companies Active.ai. The startup is also in talks with potential investors for pre-IPO funding of $100-200 million or even larger ahead of its US listing plans. Founded by Ravi Shankar, Parikshit […]
Co-living Startup Stanza Living Acquires Bengaluru-based Singularity Automation
Stanza Living, a Gurugram-based co-living startup, has acquired enterprise Internet of Things (IoT) platform Singularity Automation in an all-cash deal to strengthen its technology ecosystem. As per the startup, the acquisition will strengthen its existing technology ecosystem and help develope highly-customized IoT-based solutions for the managed accommodation sector. The deal […]
AI Startup SparkCognition Acquires Bangalore-based Integration Wizards
SparkCognition, an artificial intelligence (AI) software solutions provider, has signed a definitive agreement to acquire Integration Wizards, a Bangalore-based enterprise computer vision platform, for an undisclosed amount. With this acquisition deal, SparkCognition plans to expand its IP portfolio to include computer vision capabilities to provide greater value to its industry […]
B2B Platform Bizongo Acquires IoT Startup Clean Slate Technologies
Bizongo, a business-to-business (B2B) e-commerce and supply chain enablement platform, has acquired Mumbai based IoT (internet of things) and real-time location services solutions provider Clean Slate Technologies for an undisclosed amount. Owned and operated by SmartPadle Technology Pvt Ltd, Bizongo plans to equip more than 100 Indian factories with its […]