By Chalida Ekvitthayavechnukul
This acquisition comes after Danke Gongyu completed its $70-million Series B+ round in June last year.
Reliance intends to take on the world’s largest retailers by combining his Jio service, mobile devices and a vast physical retail network.
In 2016, LogiNext had acquired YourGuy, a cross-category last mile delivery company in Mumbai
Despite winning enough support to extend the deadline for its tender offer by 10 days, Husky decided not to go ahead with the bid.
SEAF Women’s Opportunity Fund, a growth fund by US-based Small Enterprise Assistance Funds, has invested in Vietnamese retailer of organic food Organica.
Since 2011, Equis has raised over $2.7 billion in private equity, and has completed 10 investments in the Asia-pacific region.
Jet Airways promoter Naresh Goyal has made a financial offer to SBI to retain control of the airline, even as Etihad Airways sought to oust him in exchange for much needed funds.
India’s renewable energy space has also seen consolidation in the backdrop of considerable overseas interest.
Playtika continues to diversify into casual games with its acquisition of leading “Solitaire with a Twist” game developer.
With the acquisition, Komparify aims to expand its presence in prepaid plans application space and broaden its mobile app capabilities.