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Deals

Over the last year and a half, Byju's has acquired two additional major edtech companies in the United States

Byju's acquires coding site Tynker to accelerate US expansion

Sep 16, 2021

This acquisition will enable Byju's to expand its US footprint by providing access to the more than 60 million students in Tynker's existing global user base

The shares were bought through Jhunjhunwala's investment company Rare Enterprises.

Rakesh Jhunjhunwala, Bank of America buy Zee Entertainment shares in bulk

Sep 14, 2021

Jhunjhunwala's Rare Enterprises bought 50 lakh shares, while Bank of America Securities purchased 48.7 lakh shares in bulk deals on NSE.

TARC is one of the leading developers and largest land bank holders in the National Capital Region (Representative image).

TARC sells warehousing asset in Delhi to Blackstone for Rs 295 cr

Sep 06, 2021

TARC said the move is aligned to its strategy of maintaining focus on core development projects to unlock much higher value through its strategic and key land parcels in New Delhi.

Karbon will use the funds to step up its product development, hiring plans and operations

Corporate card provider Karbon raises growth capital from Y Combinator

Aug 30, 2021

Founded in 2019 by Pei-fu Hsieh, Amit Jangir, Kartik Jain and Sunil Sinha, Karbon has now joined YC, which previously groomed global corporate card start-up Brex, which achieved unicorn status in record time

A marine commando with an AK-103 rifle

India finalises deal with Russia to procure AK-103 rifles

Aug 21, 2021

The India Army is implementing a mega infantry modernisation programme under which a large number of light machine guns, battle carbines and assault rifles are being purchased to replace its ageing and obsolete weapons

the selection of bids was made through a rigorous closed bidding process followed by a reverse auction amongst shortlisted bidders (Source: PTI)

NCL group wins Andhra Pradesh govt contract worth Rs 1,863 cr

Aug 02, 2021

The successful completion of the above prestigious orders is expected to be a turning point in the fortunes of the NCL Group, which has recently completed 40 years of its existence, according to the release

Byju's acquired Toppr and Great Learning in deals consisting of cash and equity shares.

Byju's acquires Toppr, skilling platform Great Learning

Jul 24, 2021

Byju's allotted preference shares worth over Rs 730 crore to existing shareholders of Great Learning, while it allotted shares worth over Rs 425 crore to shareholders of Toppr.

The simsim app serves as a platform to connect local businesses, influencers and customers. (Image credit: Google India blog)

YouTube to acquire Indian video e-commerce startup simsim

Jul 20, 2021

The company said there will be no immediate changes to simsim, and the app will continue operating independently.

It is now shifting focus to its two-year-old cloud-calling product Zoom Phone and conference-hosting product Zoom Rooms (Source: Reuters)

Zoom to acquire cloud software provider Five9 for $15 billion

Jul 19, 2021

The acquisition will complement Zoom Phone service, an alternative to legacy phone offerings, by adding Five9's business customers and combining its contact centre software to optimize customer interactions across channels

Representative Image

Space start-up Digantara raises $2.5 mn in funding from Kalaari Capital

Jul 15, 2021

The space tech start-up plans to build a space situational awareness platform that will help satellites in lower earth orbit to avoid space debris and reduce the risk of collision with other satellites as well

Negotiations are almost over for the engines that will be used to power the homegrown Tejas Light Combat Aircraft (LCA)

India set to ink $700 mn fighter jet engine deal with US soon

Jul 14, 2021

The American engines already power the Mk1 variant of the Tejas Light Combat Aircraft (LCA) that is already in service with the IAF and would smoothly fit into the latest version of the indigenous fighter