PayU to acquire BillDesk for $4.7N – most expensive acquisition deal in startup space

India’s startup industry has just witnessed one of its biggest acquisition deals, with Prosus backed PayU finally agreeing to buy BillDesk for staggering $4.7 bn. The PayU’s board of director has given principal approval to acquire 100% stake in BillDesk, while the deal will remain subjected to regulatory approval.   Since the last one month…

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ByteDance forays into virtual reality space – Top Tech News

1 ByteDance forays into virtual reality space Image Source: Flickr.com TikTok’s parent company ByteDance has announced that it has acquired virtual reality handset maker Pico. This marks ByteDance’s maiden foray into the virtual reality space and will potentially pit the Chinese company against Facebook’s Oculus VR. However, the company still hasn’t disclosed the financial details…

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Nazara Technologies Acquires Skill gaming platform OpenPlay for INR 186 Cr

Gaming and sports media platform Nazara Technologies said on Friday that it has acquired 100% stake in the Hyderabad based skill gaming platform OpenPlay. This is Nazara’s second acquisition post its successful IPO listing earlier this year. The Rakesh Junjhunwala backed company had acquired Turkish gaming company PublishMe in June this year. Nazara’s board has…

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