Paytm Acquires NightStay to enter Hotel Booking Business

India’s largest digital payment company Paytm has made the first acquisition of this year by acquiring hotel booking platform Nightstay for undisclosed amount. The latest acquisition would help the Alibaba backed company to further consolidate its travel business and also mark the maiden entry in the hotel booking category. Paytm acquires NightStay for undisclosed amount to…

ByGirish ShettiJanuary 30, 20190Comments

Acquisitions

Oyo Rooms is planning to Acquire Smaller Rival Treebo Hotels: Report

India’s largest budget hotel brand Oyo Rooms is mulling to acquire Treebo Hotels, Business Standard claims after citing an unknown source familiar with the matter. Mails sent to Oyo Rooms and Treebo Hotels did not elicit any response. If this acquisition does happen then it will go down as one of the biggest acquisitions in the budget…

ByGirish ShettiDecember 22, 20180Comments

Acquisitions

Google Acquires Train app Where is my Train for $30-$40 Mn: Report

Google has never made any bones about the fact that India remains one of the critical markets as far as investment is concerned. The search giant on Monday once again reaffirmed this fact by acquiring Bengaluru based Sigmoid Labs, which operates the popular train tracking app ‘Where is my Train.’ Google has done this acquisition as…

ByGirish ShettiDecember 10, 20180Comments

Acquisitions

AllOut Co-founder all set to acquire Gurgaon based Mr. Milkman: Report

According to media reports, B2B tech dairy startup Mr. Milkman is all set to be acquired by Anil Arya, the man who co-founded famous mosquito repellent brand AllOut. As per Economic Times, Mr. Arya along with other investors will be setting a new company in Singapore to pick up a majority stake in the Gurgaon…

ByGirish ShettiNovember 30, 20180Comments

Acquisitions

Cure.fit Claws back into Acquisition Game, Acquires Seraniti

If there is one healthcare startup that has truly attempted to redefine ‘aggression’ then it has be Bengaluru based startup Cure.fit. Continuing with its unabated aggression, Cure.fit has now acquired mental health platform Seraniti for undisclosed amount. Interestingly, Cure.fit had picked up a stake in Seraniti in 2016 and until today it was one of…

ByGirish ShettiNovember 20, 20180Comments

Acquisitions

Bitstamp, one of the World’s Largest Crypto Exchanges has just been sold

Such is the world of cryptocurrency that it is always buzzing with actions and events. Now the latest news coming from the virtual currency world is that one of the world’s largest cryptocurrency exchanges – Bitstamp – has been sold out. Bitsmap, which is based in Luxemburg, has been sold to Belgium based investment firm…

ByGirish ShettiOctober 30, 20180Comments

Acquisitions

Why IBM buying Red Hat is a Gamble that needs to Pay Off

‘Change or else you will decay.’ This is the cardinal rule that IBM has been trying to pursue for several years now but without much success. However, the years of colossal failure seems to have got better off the tech giant on Monday, after the announcement that it has bought Red Hat Inc for whopping…

ByGirish ShettiOctober 29, 20180Comments

Acquisitions

Better late than never: Lyft becomes finally serious about self-driving ambition

It is little late, but never mind. Ride-hailing major Lyft has made a first major stride towards self-driving cars by acquiring U.K based technology startup Blue Vision Labs. This marks the first major acquisition by Lyft’s autonomous car division, which was launched only last year. Lyft has said in a statement that it will seek to…

ByGirish ShettiOctober 24, 20180Comments

Acquisitions

BigBasket pulls off acquisition coup to sharpen focus on Micro-delivery Segment

It seems that online grocery Major BigBasket has decided to put its growth strategy on steroids. The Alibaba backed company, after all, has acquired not one or two but three companies in one go. The market was already buzzing with the report that BigBasket was on a lookout for acquisitions, but probably few people had…

ByGirish ShettiOctober 20, 20180Comments

Acquisitions

InMobi Acquires Sprint’s Mobile Advertising unit in all Stock Deal

Bengaluru based InMobi has acquired Sprint Corp’s mobile advertising unit Pinsight Media in a all stock deal. With this deal, Sprint Corp has reportedly got minority stake in the Indian unicorn company. Sprint, which is a major U.S. wireless carrier, had founded Pinsight Media in 2012 with an aim to help companies in uncovering huge customer…

ByGirish ShettiOctober 17, 20180Comments

Acquisitions

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