India Digest: Sebi clears Leelaventure-Brookfield deal; Haptik acquires US startup

India Digest: Sebi clears Leelaventure-Brookfield deal; Haptik acquires US startup

Birds rest on the logo of the Securities and Exchange Board of India (SEBI). REUTERS/Shailesh Andrade/Files

Market regulator SEBI held that Leelaventure’s deal with Canadian investment fund Brookfield is not a ‘related party transaction’. In a separate development, Reliance Industries-controlled conversational AI platform Haptik Inc has acqui-hired Convrg Technologies Inc in Los Angeles to expand its global footprint.

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