Mergers & Acquisitions
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Opportunity India Desk Nov 09, 2018 - 1 min readAfter its success in the South, HireMee is planning to expand its operations nationally. The Bengaluru-based startup has assessed 191,718 students in 2,050 colleges in five South Indian states and in Puducherry within a year of the signing of a MoU with All India Council for Technical Education (AICTE) in September 2017. HireMee is a ...
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Opportunity India Desk Nov 09, 2018 - 1 min readDialysis service provider NephroPlus Health Services Pvt Ltd has announced the acquisition of DaVita Care India, which runs kidney care centers. Under the terms of the agreement, NephroPlus will buy DaVita India's network of 22 centres. These 22 centres will be rebranded to Neproplus in a month's time. With this acquisition, Nephroplus will further strengthen its ...
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Opportunity India Desk Nov 03, 2018 - 1 min readTesla Motors is planning to establish 'partial presence' in India, Africa, and South America by the end of 2019, and expand further in 2020. The company is also looking to expand its overall market beyond North America, Europe, and China by 2019 end. Elon Musk, Chief Executive Officer (CEO) of Tesla Motors, tweeted, "To clarify ...
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Opportunity India Desk Nov 01, 2018 - 1 min readWeWork, US-based co-working operator, will launch four new co-working centres, comprising more than 7,000 seats, in Gurugram by the end of 2018. As part of its expansion plan in Delhi-NCR, the company is planning to enter the Noida market. Currently, WeWork has one centre in Gurugram with 1,400 seats. Karan Virwani, WeWork India Head, said, ...
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Opportunity India Desk Oct 31, 2018 - 1 min readZydus Hospitals, a subsidiary of pharma major Zydus Group, has acquired the Ahmedabad unit of Columbia Asia Hospital Pvt Ltd for an undisclosed amount. Currently, Zydus Hospitals is operating two hospitals at Ahmedabad and Anand in Gujarat. Zydus Hospitals said, "This acquisition provides an opportunity to get a ready infrastructure and will enable Zydus Hospitals ...
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Opportunity India Desk Oct 31, 2018 - 1 min readMumbai-based ed-tech startup UpGrad has acquired Gurugram-headquartered job skilling platform Acadview for an undisclosed amount. With this acquisition, UpGrad will foray into offering online courses for the college-going population. Founded by Himanshu Batra and Varun Jain, Acadview helps fresh graduates' upskill themselves with in-demand technologies through live online courses and industry projects. Himanshu Batra, Founder ...
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Opportunity India Desk Oct 30, 2018 - 1 min readThe state-owned hospitality major India Tourism Development Corporation Ltd (ITDC) has signed a Memorandum of Understanding (MoU) with Amity University Haryana, Gurugram. The MoU has been signed to offer six-month certificate courses and one-year diplomas in hospitality trades through Ashok Institute of Hospitality and Tourism Management (AIH&TM), one of the premier public sector unit (PSU) ...
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Opportunity India Desk Oct 30, 2018 - 1 min readBengaluru-based online education startup Unacademy has acquired WiFiStudy, a Jaipur-based online education and career portal, in a cash and stock deal. The size of the transaction has not been disclosed. With this acquisition, Unacademy will establish its presence in smaller Indian towns and cities where WiFiStudy has a stronghold. Wifistudy, founded in late 2013, will ...
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Opportunity India Desk Oct 29, 2018 - 2 min readThe Ardee School, New Friends Colony, one of Delhi’s leading K-12 schools, in collaboration with Nirvana Being, the market leader in Indoor Air Quality (IAQ) Compliance, has transformed the ambience of the school in terms of the air quality the children breathe in. The school is one of the founder members of the campaign "my ...
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Opportunity India Desk Oct 29, 2018 - 1 min readInternational Business Machines (IBM) Corp. will acquire US-based software company Red Hat for $34 billion, including debt. This is by far IBM's biggest acquisition. This acquisition will help IBM to expand its subscription-based software offerings, as it faces slowing software sales and waning demand for mainframe servers. IBM will pay $190 per share in cash ...