India Dealbook: Koito to buy partner in lighting JV; PeopleStrong acquires Qilo

India Dealbook: Koito to buy partner in lighting JV; PeopleStrong acquires Qilo

Photo: Mint

Japan’s Koito Manufacturing Co Ltd is acquiring 29.9 per cent stake from its partner Lucas-TVS group in India Japan Lighting Pvt Ltd (IJL) for Rs 148.5 crore. In another development, PeopleStrong announced that it has acquired SaaS performance management company Qilo.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter