Bengaluru-Based Rephrase.ai Becomes Adobe’s First Indian Startup Acquisition
Adobe, an American software giant, has made headlines by acquiring Rephrase.ai, a Bengaluru-based AI-powered video creation platform. First reported by ET, the deal marks Adobe’s first acquisition in the generative AI and video-tooling space and was announced via an internal memo circulated within Adobe confirming this move by the US […]
Toprankers Acquires Indore-based Legal Test Prep Platform The Lex Guru
Digital learning platform Toprankers has announced the acquisition of The Lex Guru, an Indore-based legal test prep startup. The digital learning platform has rebranded the legal test prep startup to Judiciary Gold. As per Toprankers, the acquisition of Judiciary Gold (erstwhile The Lex Guru) will allow it to expand its […]
Physics Wallah Acquires 50% Stake In Edtech Xylem Learning
Physics Wallah, a profitable edtech unicorn, has signed a strategic partnership with Kerala-based edtech firm Xylem Learning, under which it plans to invest Rs 500 crore over the next three years. Moreover, the edtech unicorn has acquired a 50 per cent stake in the Kerala-based edtech firm. The deal also […]
VLCC Acquires Men’s Grooming Startup Ustraa
VLCC, a beauty and skincare brand, has acquired Happily Unmarried Marketing Private Ltd, which owns the men’s grooming brand Ustraa, through a combination of secondary buy-out and share swap. The acquisition deal will help VLCC to enter the men’s grooming segment. Additionally, VLCC’s existing product business will benefit from Ustraa’s […]
Genetic Diagnostics Firm MedGenome Acquires Prognosis Laboratories
MedGenome, a genetic diagnostics firm, has acquired Prognosis Laboratories. With this acquisition deal, MedGenome aims to strengthen its existing network and expand its services to a wider population base, benefiting over 11,000 clinicians in India. MedGenome Acquires Prognosis Laboratories MedGenome is a genomics-driven research and diagnostics firm working with a […]
Edtech Platform Toprankers Acquires Career Guidance Firm ProBano
Toprankers, an edtech platform for careers beyond engineering and medical, has acquired career guidance platform ProBano in a cash-and-stock deal. With this deal, Toprankers has marked its foray into the career discovery and guidance segment and looks to leverage ProBano’s expertise in designing its career discovery and experience platform, aiming […]
Sports Tech Startup Sportzcraazy Acquires Controlling Stake In Kabaddi Adda
Sportzcraazy, a sports tech and media platform, has announced the acquisition of the media content platform Kabaddi Adda. With this acquisition deal, Sportzcraazy has acquired majority and controlling stakes in Kabaddi Adda. The firm claims the acquisition will extend the combined reach of the two platforms to over five million […]
Cashfree Payments Acquires Gurugram-based Checkout Platform Zecpe
Cashfree Payments, a payments gateway platform, has acquired one-click checkout platform Zecpe to scale up its fintech exposure for ecommerce users. With this acquisition deal, Zecpe will operate as a wholly-owned subsidiary of Cashfree Payments. Also, Hriday Agarwal, Founder of Zecpe, will join the Cashfree Payments team as Head, e-commerce, […]
InCred Capital Acquires Orowealth, Launches Wealthtech Platform InCred Money
InCred Capital, a fintech startup, has acquired wealthtech startup Orowealth in an all-cash deal for the launch of its retail-focused wealthtech platform InCred Money. With this acquisition deal, InCred Money gets assets under management (AuM) of Rs 1,100+ cr along with a robust technology platform and an experienced team. Additionally, as […]
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 […]