Mergers & Acquisitions
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Opportunity India Desk Oct 24, 2018 - 0 min readCipla's South African subsidiary has acquired pharma firm Mirren (Pty) Ltd. Cipla Medpro South Africa (Pty) Ltd has completed the acquisition of 100% stake in South African firm Mirren. In July, Cipla had informed that its South African arm had signed an agreement to wholly acquire Mirren for a cash consideration of South African Rand ...
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Opportunity India Desk Oct 21, 2018 - 1 min readDivine Aroma is a part of the Shashi Group, which is the leading manufacturer and exporter of incense and fragrance products, that has positioned itself as a trustworthy brand in its segment. The brand stands apart owing to its high-quality and eco-friendly products packaged in exclusive designs with more than 250 fragrances ranging from incense ...
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Opportunity India Desk Oct 21, 2018 - 1 min readInstituto Hispania is one of India’s leading institutes for Spanish language learning that promotes knowledge of Hispanic culture in order to remove language barriers, promote a global understanding and bridge gaps between the continents. Established in 1997, the institute is present in 5 cities with around 25 classrooms. Instituto Hispania, a Spain-based company, envisions to ...
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Opportunity India Desk Oct 19, 2018 - 1 min readIndian Institute of Technology (IIT) Madras by collaborating with University Of Southampton and British Council is organizing the second edition of UK India Social Innovation Challenge 2018. This challenge is being organized to find, fund and support innovative and sustainable solutions that provide efficient ways to manage waste. The UK India Social Entrepreneurship Education Network ...
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Opportunity India Desk Oct 19, 2018 - 1 min readNovartis AG will acquire Endocyte Inc, a US-based cancer drugmaker, in an all-cash deal for $ 24 per share, or a total equity value of about $ 2.1 billion. This acquisition will expand the radiopharmaceuticals business of the Swiss drugmaker. The US-based firm said that the deal will help develop a broader role for radioligand ...
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Opportunity India Desk Oct 19, 2018 - 1 min readOnline grocer BigBasket has acquired RainCan, a Pune-based grocery subscription delivery service, for an undisclosed amount. With this acquisition, BigBasket is looking to boost its micro-delivery business. The RainCan app has been rebranded as BBdaily by BigBasket. The company will start a subscription-based service enabling early morning delivery of household essentials such as milk, bread, ...
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Opportunity India Desk Oct 17, 2018 - 1 min readWANdisco, a global public software company, is planning to expand its operations and increase the headcount in India. The software firm has dual headquarters in Sheffield, England, and San Ramon, California in the US. Its products are being used by the world's leading companies to build Hybrid Cloud and multi-Cloud solutions. David Richards, Chairman, President, ...
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Opportunity India Desk Oct 17, 2018 - 1 min readChuChu TV has announced a global toy partnership with Australia-based Moose Toys. Through this partnership, Moose Toys will be launching ChuChu TV Toys across activity and learning, figures, dolls and plush in key markets of United States, India, United Kingdom, Australia and New Zealand in fall 2019. The partnership was put together by India's foremost ...
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Opportunity India Desk Oct 17, 2018 - 1 min readThe Delhi government has signed a Memorandum of Understanding (MoU) with the British Council to strengthen spoken English skills among students of government schools in the city. The MoU has been signed between Deputy Chief Minister Manish Sisodia and British Council's (India) Director Alan Gemmell to strengthen the educational cooperation. Sisodia said, "The MoU will ...
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Opportunity India Desk Oct 16, 2018 - 2 min readOriginal Ice Creams, a Delhi-based ice-cream start-up, has announced a robust business expansion plan and growth strategies. Founded by ex-defence personnel Vinay Gaur, Original Ice Creams had started its operations in the early months of 2018. In July 2018, it got a funding of Rs 30 million from Maverick Group. The startup is deepening its presence ...