Indian IT services provider Coforge agrees to acquire Encora, which offers AI tools for product, cloud, and data engineering, at an enterprise value of $2.35B
Indian IT services provider Coforge said on Friday it would acquire artificial intelligence firm Encora at an enterprise value …
Indian IT giant TCS agrees to acquire Coastal Cloud, a Florida-based Salesforce consulting partner, for $700M, in a bid to boost its AI and US customer business
Tata Consultancy Services is buying U.S.-based Salesforce Summit Partner Coastal Cloud for $700 million to boost its global presence and AI business.
Unacademy CEO Gaurav Munjal says the Indian edtech startup's valuation has fallen from its $3.5B peak three years ago to less than $500M, and confirms M&A talks
Jagmeet Singh / TechCrunch :
Sources: SoftBank agrees to sell a large portion of its stake in InMobi back to the Indian mobile ad company for ~$250M, reducing its holding from 30%+ to <10%
Bloomberg :
Coinbase invests in Indian crypto exchange CoinDCX to expand into India and the Middle East; CoinDCX CEO Sumit Gupta said the deal values CoinDCX at $2.45B
- Coinbase said it is investing in Indian crypto exchange CoinDCX to scale its presence in India and the Middle East.
Sources: Tata Electronics bought the Indian unit of Justech Precision, a China-based Apple supplier that provides CNC machines to Foxconn, for ~$100M in August
Anniek Bao / CNBC :
Prosus invests ~$146M in Indian travel app ixigo for a 10.1% stake; sources say Prosus plans to buy more shares from other investors to raise its stake to 15%
Peak XV Partners will sell about 3 percent to Prosus and Elevation Capital will sell another 2 percent to Prosus …
How Amazon's 48% stake in Indian supermarket chain More is becoming a strategic asset in the e-commerce giant's patient grocery delivery expansion across India
and positions the e-commerce giant perfectly should New Delhi ease ownership rules https://indiadispatch.com/...
Indian IT services company Infosys agrees to take a 75% stake in Versent Group, a cloud services provider wholly owned by Australia's Telstra Group, for ~$153M
14) Versent : A message from Paul Nicholls, CEO Moneycontrol : Infosys acquires 75% in Telstra's Versent Group for over Rs 1,300 cr to set up AI-led cloud JV Ray Le Maistre / TelecomTV : Telstra offlo...
Indian entrepreneur Bhavin Turakhia partners with GoDaddy to offer enterprises his email service Titan, which costs $2+ per month, aiming for 10M+ users by 2029
Indian tech entrepreneur Bhavin Turakhia is partnering GoDaddy Inc. to offer his artificial intelligence-led email service …