Tag Archives: M&A

Chitramala gets Rs.50 Lakh PE Investment

Chitramala.in, a portal for Bollywood and Telugu film industry gossip, has received Rs.50 lakh from Confidance Holdings. Moukthik Kiran Reddy from Chitramala said approximately 60% of its readers originate from different parts of India, including some user traffic from foreign destinations such as USA, Australia, Canada and UK. The monthly unique visitors count for Chitramala.in grosses 1 million every month. ...

Read More »

BioClinica Now Acquires Synowledge, a Pharmaco-vigilance Company

BioClinica Inc., a global specialty clinical trials services provider, has acquired Synowledge, a pharmaco-vigilance firm with offices in India and Japan, as part of its expansion strategy in Europe, Asia and the US. The details of the deal amount were not revealed by the company. Synowledge is a specialized Pharmacovigilance, regulatory affairs and IT services provider to life sciences organizations ...

Read More »

Google Acquires Alto-based Mobile App Startup Pixate, Slashes Design Charges 10 Times Down

Google has acquired an Alto-based startup called Pixate, which is into mobile apps prototyping tool with all its staff joining Google’s design team. As is the case with Google always, it never disclosed the deal amount. It was Pixate that made the announcement on its blog. Pixate said that the Google acquisition will help it expand and improve the app ...

Read More »

Flipkart acquires automation firm Appiterate to strengthen its mobile app

Indian e-commerce portal Flipkart said it has acquired Delhi-based mobile engagement and marketing automation company Appiterate for an undisclosed amount. “Flipkart has been persistently looking to improve and expand its mobile app capabilities to cater to the shifting preferences on its user base,” the company said in a statement. After the completion of the acquisition, Appiterate’s mobile marketing automation platform ...

Read More »

Infosys to buy Kallidus Inc for $120 million

Cash-rich information technology bellwether Infosys Ltd said on Friday that it has entered into definitive agreement to acquire Kallidus Inc. (d.b.a Skava) and its affiliate for $120 million. Announcing the fourth quarter and annual results for 2014-15, the company said it has signed an agreement to acquire Kallidus Inc. (d.b.a Skava) and its affiliate, a leading provider of digital experience ...

Read More »

Bangalore’s Furniture Portal CapriCoast.com Gets Rs.8 Crore in Funding

Bangalore-based online modular furniture solutions provider CapriCoast.com on Monday announced raising of $1.25-million (Rs.8 crore) seed fund from venture capital firm Accel Partners India to expand its operations. “The seed fund will be used to expand our presence beyond Bengaluru to other metros like Ahmedabad, Chennai, Delhi, Hyderabad, Kolkata and Mumbai by this year-end,” CapriCoast founder chief executive Jawad Ayaz ...

Read More »

Snapdeal Snaps up FreeCharge to Gain Market Leader Image

India’s leading online marketplace Snapdeal on Wednesday announced acquiring mobile transactions platform FreeCharge in a cash-cum-stock deal for an undisclosed amount to become an m-commerce firm. Though both the firms declined to share details of the deal, Snapdeal co-founder and chief executive Kunal Bahl told reporters in Bangalore that most of the transaction took place in cash. “As private entities, ...

Read More »

Twitter Buys Bangalore-based ZipDial

A Bangalore-based mobile-based ad software firm ZipDial said on its website that it was taken over by social media giant Twitter. The deal was reportedly in the range of Rs.200 crore ($35 to 40 million) but neither of the companies have confirmed the deal amount. Confirming the M&A deal, Twitter Director Rishi Jaitley said, “India is one of the fastest ...

Read More »

Google may buy Softcard but employees not happy

Google has always been on the look out for potential futuristic companies with software prowess and currently it is eyeing the mobile-payments company Softcard. With its almost fading Google Wallet, Google may be setting its sight on the company to use it as an effective interface, to cater the needs of the U.S. wireless carriers setting itself against the more ...

Read More »

Samsung Denies Reuters Report on Blackberry Takeover

South Korea’s Samsung Electronics has denied that it had bid to buy Canada-based smartphone-maker Blackberry as reported by Reuters based on sources close to the deal. “Media reports of the acquisition are groundless,” a Samsung spokeswoman said. Samsung recently offered to buy BlackBerry for as much as $7.5 billion, seeking its valuable patents as it battles Apple in the corporate ...

Read More »