ACQUISITION
E-Commerce
Hyper-local e-comm firm magicpin plans to hire 250 people over next 6 months
PTI -
The fresh hiring will take the total workforce to over 550 excluding the collaborative workforce of 100 people that will be hired for the ONDC projectNew Delhi:Hyper-local e-commerce company magicpin said it plans to hire more than 150 professionals...
Beauty & Wellness
Reliance Retail in talks to acquire Kiko Milano’s India beauty biz
Kiko Milano would be Reliance Retail’s second acquisition of a global beauty and cosmetics brand after Sephora’s India businessNew Delhi: Reliance Retail is in talks with Italy’s beauty brand Kiko Milano to acquire its India business in a bid...
Fashion & Lifestyle
Ex-Puma MD Abhishek Ganguly to buy sports footwear maker Mochiko Shoes
PTI -
Abhishek Ganguly left Puma to start Agilitas Sports, a sportswear and Athleisure solutions platform. The company has now bought Mochiko, the country's largest sports footwear manufacturer, for an undisclosed amountNew Delhi: Agilitas Sports, co-founded by former Puma India &...
E-Commerce
Walmart acquires Tiger Global’s stake in Flipkart for $1.4 billion
PTI -
The transaction took place at an enterprise valuation of around $35 billionNew Delhi: US retail giant Walmart has acquired the entire stake of Tiger Global for USD 1.4 billion at an enterprise valuation of $35 billion, sources aware of...
In Focus
CCI approves acquisition of commercial real estate assets by Nexus Select Trust
PTI -
The proposed transaction involves the direct acquisition of 100% shareholding of 15 entities and indirect acquisition of 100% shareholding of two entities New Delhi: Competition Commission of India on Monday approved the acquisition of commercial real estate assets by Nexus Select...
Big Grid
Goat Brands in talks to acquire Chumbak
Goat Brands is acquiring 80% controlling stake in ChumbakNew Delhi: Goat Brands Labs, which owns a host of direct to home or D2C brands, is in talks to acquire Chumbak, two people familiar with the development said.One of them...
Big Grid
Delhivery to acquire supply chain solutions provider Algorhythm Tech
After the acquisition of Algorhythm Tech by Delhivery, it will operate as a wholly-owned subsidiary of the companyMumbai: Logistics firm Delhivery on Tuesday announced that it will acquire Pune-based supply chain solutions provider Algorhythm Tech to strengthen its offerings in...
Food
Wipro acquires packaged food and spices brand Nirapara
The Wipro group arm has signed a definitive agreement with Nirapara, with this acquisition, Wipro Consumer Care joins many FMCG firms
New Delhi: Wipro Consumer Care on Monday announced its entry into the packaged food and spice segment by acquiring...
Beauty & Wellness
HUL to acquire majority stake in OZiva and 19.8 pc in Wellbeing Nutrition; to invest Rs 335 crore
Hindustan Unilever Limited invested in OZiva and Wellbeing Nutrition to foray into the health and wellbeing segment New Delhi: Leading FMCG maker HUL on Thursday announced the acquisition of a majority stake in OZiva and a 19.8 per cent equity in...
D2C
D2C Ecommerce acquires personal care D2C brand Luxura Sciences
D2C Ecommerce will expand its personal care and beauty segments, strengthen Luxura Sciences’ product offerings by investing in newer categories and foray into global marketsNew Delhi: D2C Ecommerce, a homegrown multi-brand e-commerce platform has acquired leading personal care D2C brand...
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Latest News
Mango launches Barcelona-inspired Summer collection on Myntra
Mango, Europe’s leading fashion brand is known for its design, creativity, sustainability and technology
New Delhi: Global fashion retailer Mango...
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