Blog Archives - Page 4 of 16

Avast Acquires AVG for $1.3 Billion and reshuffles the computer security deck!

About the acquisition — Avast acquires AVG It has recently been announced that Security giant Avast has acquired fellow Czech-based antivirus software maker AVG for a whooping total of around $1.3 Bn. Started 25 years ago in Prague, Avast Software is the maker of mobile and PC security in the world and provides protection to […]

SAP joins the likes of Microsoft, Oracle, Target, etc, and launches their accelerator programe – SAP Start-up Studio!

With many multinational giants partnering with start-ups to leverage their technology solutions in the market; corporate incubation and accelerator programmes have started to take the centre stage in the last few years. However, the Indian start-up ecosystem still remains to be ripe. There still are a lot of gaps that need to be filled in […]

Aditya Birla Fashion and Retail triumphs Myntra, and acquires Forever 21 for $26 Million

The news… So the latest news is that “Aditya Birla Fashion and Retail” or as they like to call themselves – ABFRL, has acquired the global clothing brand “Forever 21” in the Indian market for $26 Mn (that is ₹175.52 crores approx). They have executed a business transfer (not share transfer) agreement with “Diana Retail” […]

Nykaa.com: a one stop destination for all the beauty and wellness products!

The Beauty & Wellness space in India stands at a whooping ₹50,000 crores and is set to grow at a 15-17% rate Y-o-Y. But, aside for a few biggies, there aren’t many beauty-focused multi-brand retail format eCommerce stores in the market. Having said that – technology is evolving, and since the consumers are getting more […]

Eros Now partners with Micromax to offer digital content

The News: Eros International Plc, a leading company in the Indian film entertainment industry that operates Eros Now, recently announced that it had got into a strategic partnership with its Indian counterpart, and the 2nd largest mobile vendor in India – Micromax Informatics to offer digital content to the consumers. Eros Now is Eros International […]

Chaayos: an organized chain of Chai Cafes that serves 25 different types of tea, customised in 12,000 ways

Let’s face it – India is a Chai (Tea) crazy nation, and tea it is a part of our every social setting! Be it, after waking up from the bed in the morning or during breakfast, during office hours, while meeting friends, while smoking (which of course, is very bad for health), tea happens to […]

Faircent.com: India’s largest and innovative peer-to-peer (P2P) lending marketplace for loans

What is Faircent.com? Owned by Fairassets Technologies Private Limited and founded in 2013 – Faircent is an innovative peer-to-peer (P2P) lending marketplace for loans. Peer to peer lending (or P2P lending) is one of the most innovative financial products of the recent times, where Borrowers and Lenders interact amongst themselves to decide a mutually agreeable […]

Didi Chuxing: the company that is making Uber bleed $1 Billion a year!

What is Didi Chuxing? Founded in 2015 and formerly known as Didi Kuaidi – Didi Chuxing is an on-demand app for booking taxis, private rides, buses, and quite a bit more. Their business model or application is very similar to apps such as Ola in India and Uber. It is like an all-round mobile transportation […]

Microsoft will acquire LinkedIn: – Everything you need to know. Literally!!

THE NEWS: MICROSOFT BUYS LINKEDIN Huge news in the world of M&A – Microsoft Corporation will be acquiring LinkedIn for $196 per share in an all-cash deal that is being valued at $26.2 Billion. Reid Hoffman, the Cofounder and Chairman of LinkedIn will get $2.9 Billion for the sale of his shares. He also happens […]

Koovs.com: the online fashion house for the urban youth!

What is Koovs.com? Founded in 2010 – Koovs.com is the one-stop online fashion store that is inspired by the international runways, celebrity looks, and on-trend street style, and offers exceptional fashion at highly affordable prices. The company is headquartered in Gurgaon and operates under licence by Marble E-Retail Private Limited. They also have an office […]