Airtel picks up 10% stake in edtech start-up Lattu Media
Lattu Kids becomes the fourth company to join Airtel accelerator programme, which allows start-ups to leverage Airtel’s robust ecosystem.
Sinch enters India with $70mn ACL Mobile acquisition
The acquisition will allow Sinch to expand its reach and to leverage ACL’s direct connection to mobile operators in India, Malaysia, and UAE.
Mapletree buys KHS Infra’s logistics park for $40mn
This is Mapletree’s first acquisition in India’s logistics sector and one of the biggest deals in the warehousing and logistics space this year.
KKR & Co leads race for JB Chemicals stake
If the deal materialises, it could lead to KKR owning over 80 per cent for up to $640 million.
Bharti Airtel buys additional 6.3% stake in Robi Axiata
Following the acquisition, Bharti Airtel’s stake in Robi Axiata increased to 31.3 per cent from 25 per cent.
Affle India to acquire majority stake in Appnext for $17mn
The acquisition will help Affle strengthen the mobile app recommendation platform globally.
h2e Power acquires Swiss company Hexis AG
The Adar Poonawalla backed company executed the deal through its German subsidiary mPower Gmbh.
Brookfield acquires Emami Group’s solar business
Emami Group looking to pare debt speedily and the sale of Emami Power is reportedly part of the plan.
ReNew Power acquires AI start-up Climate Connect
The acquisition is expected to strengthen ReNew Power’s ongoing digital and analytics initiative.
Tata Power acquires 51% stake in Odisha’s TPCODL for $24mn
The Tata Group firm has taken over the management of Central Electricity Supply Utility of Odisha.