Merger Archives - TechStory

Cabinet Clears Merger of Dena Bank, Vijaya Bank with Bank of Baroda

AviJanuary 4, 2019

The Central Government yesterday approved the merger of Vijaya Bank and Dena Bank with the Bank of Baroda (BoB) to make it a competitive lender globally. T...

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Cloudera and Hortonworks Announce Merger to Create World’s Leading Next Generation Data Platform and Deliver Industry’s First Enterprise Data Cloud

Apoorv AnupamOctober 5, 2018

05 October 2018, India: Cloudera Inc. and Hortonworks Inc. jointly announced that they have entered into a definitive agreement under which the companies...

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Mahindra owned SmartShift to merge with Porter

Apoorv AnupamFebruary 23, 2018

23 February 2018, India: Smartshift by Mahindra announced an intent to merge with Resfeber Labs' Porter. The Mahindra group will invest $10 million (₹65 ...

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Paytm acquires Nearbuy and Little to increase its market

Apoorv AnupamDecember 7, 2017

07 December 2017, India: India's largest mobile payments platform Paytm on Wednesday announced the acquisition of Nearbuy and Little, two deals and coupo...

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Early Backer Foxconn Writes Down 80% Investment in Snapdeal

Chinmay BidkarAugust 16, 2017

16 August 2017, India: One of the early backers, Foxconn Technology has written down 80% of its $200 Million investment in Jasper Infotech- parent compan...

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Jasper Infotech Infuses $5.7 Million Funds in Vulcan Express

Chinmay BidkarAugust 2, 2017

02 August 2017, India: Snapdeal's parent company Jasper Infotech has infused $5.7 Million (Rs. 36.5 crores) in its logistics arm Vulcan Express as per th...

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After Flipkart-Snapdeal Merger, Axis Bank Acquires Freecharge

Chinmay BidkarJuly 27, 2017

27 July 2017, India: Private sector lender Axis Bank has sealed the deal and acquired Freecharge for $60 Millon. Kunal Shah, Founder of Freecharge sai...

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Will Snapdeal Accept the Revised Offer by Flipkart?

Chinmay BidkarJuly 18, 2017

18 July 2017, India: The highly anticipated merger between Snapdeal and Flipkart could be sealed if Snapdeal chooses to accept the revised offer made by ...

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Snapdeal Looks to Merge with Infibeam to make a $2 Billion Worth Entity!

Chinmay BidkarJuly 14, 2017

14 July 2017, India: Snapdeal and Flipkart merger has been in the news since quite a long time and now that Snapdeal has denied the first offer made by F...

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E-commerce Giant Amazon Might Acquire BigBasket

Chinmay BidkarJune 14, 2017

14 June 2017, India: Jeff Bezos-led Amazon Inc. might acquire hyperlocal delivery service provider BigBasket to gain a market grip in India. The discu...

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