Brussels-based telecom operator Proximus Group plans to acquire a 58% stake in Mumbai-based cloud communication service provider Route Mobile for ~$721M
- Proximus to make open offer for further 26% stake in Route — Route founders to reinvest $336 million in Proximus Unit
Mumbai-based Eruditus Group, which makes top tier university courses accessible globally, acquires SV-based iD Tech, which offers online coding camps, for $200M
The acquisition will mark the Mumbai-based entity's expansion beyond higher education into the K-12 STEM space Tweets: @sub8u Tweets: Subrahmanyam Kvj / @sub8u : Interesting to see India-based compani...
PayPal says it will wind down its domestic payment operations in India by April 1 and focus on its existing cross-border trade business
Mumbai: PayPal Inc. will wind down its payment operations in India this year, a spokesperson said on the condition of anonymity.
Binance acquires Mumbai-based bitcoin exchange WazirX, sources say at ~$5M-$10M; Indian crypto exchanges have struggled due to the lack of regulatory clarity
Sanghamitra Kar / The Economic Times :
Binance acquires Mumbai-based bitcoin exchange WazirX, sources say at ~$5M-$10M; Indian crypto exchanges have struggled due to the lack of regulatory clarity
Sanghamitra Kar / The Economic Times :
Amazon and Indian private equity firm Samara to buy More retail chain with 500+ locations; sources say for around $580M with Amazon owning 49% of the company
The transaction is said to be valued at around 4,200 crore — Mumbai: Private equity firm Samara Capital along with Amazon.com Inc. …