Mergers & Acquisitions
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Opportunity India Desk Mar 16, 2018 - 2 min readLuxury tea startup The Good Life Company has announced To venture into the luxury coffee segment to get in competition of evolving food market and consumer preferences. Shariq Ashraf, Co-founder, TGL Co. said, "We have been closely studying the consumer market in India and have realised that there is an evolving ...
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Opportunity India Desk Mar 16, 2018 - 1 min readEdelweiss Financial Services Ltd said on Friday it has terminated a deal to acquire Religare Enterprises Ltd’s retail broking business. The agreement has ended due to Religare’s “inability to obtain the requisite clearances within the agreed timeline”, Mumbai-based Edelweiss said in a stock-exchange filing. Edelweiss had said in December ...
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Opportunity India Desk Mar 15, 2018 - 1 min readActress-singer Selena Gomez has turned into a fashion designer as the Hollywood fame will design clothes for a ready-to-wear line in collaboration with the brand Coach. As per the reports, Gomez had designed a bag with the label last year. The 25-year-old has joined forces with the brand again.
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Opportunity India Desk Mar 13, 2018 - 1 min readIn a bid to extend its subscription services beyond music and online storage, Apple has purchased digital magazine distributor Texture, putting apple in control of the services. Often described as a Netflix of magazines, Texture allows readers to read articles in more than 200 magazines for USD $10 per month, much ...
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Opportunity India Desk Mar 07, 2018 - 2 min readThe Mangaluru based learning oriented education centre PANA Education has partnered with IBM to open an IBM Software Lab for Emerging Technologies under its career education programme. Under the programme, all the faculty members and students with knowledge and skills will be provided with the experience to develop and deploy applications ...
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Opportunity India Desk Mar 07, 2018 - 1 min readDSP BlackRock Trustee Co owned apparel brand Indian Terrain Fashions has trimmed its stake in by 1.70% after selling 6.46 lakh shares in the open market. As per the early reports, DSP BlackRock Trustee Co, on behalf of various schemes of DSP BlackRock Mutual Fund, decreased its shareholding in the company ...
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Opportunity India Desk Mar 06, 2018 - 1 min readBharti Airtel has announced to purchase the India leg of West Asia’s first privately-owned sub-sea cable operator Gulf Bridge International. The asset links the country with West Asia and Europe. In a statement Airtel said it will also pick up significant share in the West Asia-Europe leg of Gulf Bridge’s sub-sea ...
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Opportunity India Desk Mar 05, 2018 - 2 min readBengaluru-based HR tech startup Recruiterbox has reportedly been taken up by US-headquartered private equity firm Turn/River Capital in a cash deal. According to the reports, the acquisition is aimed at helping Turn/River build a suite of HR-tech products and Recruiterbox will be merged into the PE firm’s performance management solutions banner ...
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Opportunity India Desk Mar 01, 2018 - 1 min readHarley-Davidson India unveiled two new Softail motorcycles as they enter the 115th Anniversary year of the brand strengthening the Softail portfolio in the country. Low Rider and Deluxe are an addition to the four MY18 Softail models launched in October 2017. The new motorcycles feature a stiffer and significantly lighter frame ...
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Opportunity India Desk Feb 28, 2018 - 2 min readAmazon has purchased video doorbell startup Ring, an attempt of delivery arm to gain more access into people's homes. The deal is predicted to be valued at more than a billion dollars, however, the company did not disclose financial terms of the acquisition. An Amazon spokesperson said, "We're excited ...