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 […]
AiDash Acquires Farming AI Platform Neurafarms.ai
AI-first vertical SaaS startup AiDash has acquired geospatial and AI-powered farming solutions platform Neurafarms.ai for an undisclosed amount. The acquisition will help AiDash, which provides satellite and artificial intelligence-powered operations, maintenance and sustainability solutions, strengthen its product line and adds valuable talent to its team. Through this acquisition, AiDash is […]
Debt Marketplace CredAvenue Acquires Majority Stake In Spocto
CredAvenue, a debt marketplace, has announced the acquisition of a majority stake in artificial intelligence-powered debt recovery platform Spocto Solutions for Rs 400 crore. With this deal, CredAvenue has acquired a 75% stake in the five-year-old Spocto. As per CredAvenue, post the transaction, it will now be the first global […]
Consumer Electronics Startup boAt Acquires Singapore-based Cove IoT
Imagine Marketing Private Limited, the parent company of boAt, has signed an agreement to acquire KaHa Pte Ltd (Cove IoT), a Singapore-based wearable smart IoT (internet-of-things) product development startup. With this acquisition, boAt looks to expand its wearable products with KaHa’s concept, design, algorithm development, electronic firmware, android and iOS […]
Shiprocket Acquires B2B Logistics Aggregator Rocketbox
Shiprocket, a tech-enabled logistics aggregator backed by Zomato, has acquired Rocketbox, a B2B logistics aggregator platform, for an undisclosed amount. The deal will help Shiprocket enhance its infrastructure and expand its product stack for D2C customers and SMEs. Additionally, as part of the deal, the founders of Rocketbox will join […]
E-commerce Unicorn Mensa Brands Acquires Majority Stake In Personal Care Brand Florona
Mensa Brands, India’s first tech-led house of brands, has acquired a majority stake in Florona, a digital-first aromatherapy brand. Florona, launched by Aayush Gupta, is a digital-first personal care brand that offers aromatherapy and natural personal care products. The brand offers more than 70 types of natural oils, including essential […]