M&A activity has seen a steady increase across the globe over the past decade, especially in India. Startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.
In this blog post, we are taking a closer look at 54 acquisitions that took place in India .
Acquisition amount:
$9,983,980
Announcement:
13 April 2022
APM Finvest is the Non-Banking Financial Corporation Non Deposit Taking Non-Banking Supervision Unit.
Headquarter:
Alwar, Rajasthan, India
Where to find them:
Website
Industry:
Financial Services, Lending
Used automobile loans, personal loans, unsecured working capital loans, property loans, two-wheeler loans, and educational loans are all provided by Mufin Finance.
Headquarter:
New Delhi, Delhi, India
Where to find them:
Website
Acquisition amount:
$3,233,335
Announcement:
5 October 2022
The quality and accessibility of therapy for low-income people in India are both improving because to AyurVAID.
Headquarter:
Bengaluru, Karnataka, India
Where to find them:
Website
Industry:
Health Care
A premier multi-specialty hospital in India, Apollo Hospitals is also one of the biggest integrated healthcare organizations.
Headquarter:
Chennai, Tamil Nadu, India
Where to find them:
Website
Acquisition amount:
$50,000,000
Announcement:
27 May 2022
Darshana Industries produces mechanical parts such support arm systems, hinges, and handles for access hardware.
Headquarter:
Pune, Maharashtra, India
Where to find them:
Website
Industry:
Hardware, Machinery Manufacturing, Manufacturing
Southco is a maker of specialist pipes for Pennsylvania's expanding oil sector.
Headquarter:
Concordville, Pennsylvania, United States
Where to find them:
Website
Acquisition amount:
$26,000,000
Announcement:
6 July 2016
The newest styles are available at Forever 21 India for both men and women.
Headquarter:
New Delhi, Delhi, India
Where to find them:
Website
Industry:
Consumer Goods, E-Commerce, Fashion, Textiles
ABFRL maintains a chain of clothing and accessory retail locations in addition to designing and producing branded clothing.
Headquarter:
Mumbai, Maharashtra, India
Where to find them:
Website
Acquisition amount:
$60,000,000
Announcement:
29 July 2022
A smartphone platform called Indus OS enables consumers, OEMs, and app developers to find content and apps.
Headquarter:
Andheri, Maharashtra, India
Where to find them:
Website
Industry:
Information Services, Information Technology, Internet, Software
A mobile payment tool called PhonePe enables consumers to send money instantaneously.
Headquarter:
Andheri, Maharashtra, India
Where to find them:
Website
Acquisition amount:
$33,000,000
Announcement:
2 May 2022
An educational company called INSOFE specializes in offering courses on data and analytics.
Headquarter:
Hyderabad, Andhra Pradesh, India
Where to find them:
Website
Industry:
Big Data, EdTech, Education, Predictive Analytics
A portal for higher education online called UpGrad offers a variety of courses.
Headquarter:
Mumbai, Maharashtra, India
Where to find them:
Website
Acquisition amount:
$37,924,167
Announcement:
5 May 2022
iVIS is an electronic surveillance business that uses AI/ML and IoT technologies.
Headquarter:
Mangalagiri, Andhra Pradesh, India
Where to find them:
Website
Industry:
Software
MAGELLANIC CLOUD is a company that specializes in digital transformation and human capital.
Headquarter:
Kolkata, West Bengal, India
Where to find them:
Website
Acquisition amount:
$41,101,153
Announcement:
13 October 2022
J. An educational website called K. Shah Classes provides classes for the CA CPT, CA IPCC, CA final, and CS exams.
Headquarter:
Mumbai, Maharashtra, India
Where to find them:
Website
Industry:
Accounting, E-Learning, Education, Higher Education
Veranda Learning is a digital learning platform that offers a wide variety of courses that can define your career.
Headquarter:
Chennai, Tamil Nadu, India
Where to find them:
Website
Acquisition amount:
$60,305,596
Announcement:
18 January 2022
The top omni channel transactions solution provider for small, medium, and big businesses in India is PaySwiff.
Headquarter:
Hyderabad, Andhra Pradesh, India
Where to find them:
Website
Industry:
E-Commerce, Financial Services, FinTech, Mobile, Mobile Payments, Point of Sale, Software
A variety of assurance plans are offered by the Indian insurance company Cholamandalam to both corporate and private clients.
Headquarter:
Chennai, Tamil Nadu, India
Where to find them:
Website
Acquisition amount:
$6,624,087
Announcement:
13 January 2022
One of India's top character merchandise companies is called Planet Superheroes.
Headquarter:
Mumbai, Maharashtra, India
Where to find them:
Website
Industry:
Communities, E-Commerce, Internet
One of the major esports-focused sports content providers in the world is NODWIN Gaming.
Headquarter:
Gurgaon, Haryana, India
Where to find them:
Website
Acquisition amount:
$37,458,387
Announcement:
1 March 2022
Bangalore, India-based Saankhya Labs is a privately held Fabless semiconductor firm.
Headquarter:
Bangalore, Karnataka, India
Where to find them:
Website
Industry:
Consumer Electronics, Electronics, Software
Tejas Networks supplies optical networking components and services to international and Indian telecom networks.
Headquarter:
Bangalore, Karnataka, India
Where to find them:
Website
Acquisition amount:
$2,325,519
Announcement:
5 May 2022
SectorQube offers a comprehensive range of IT services, corporate solutions, consulting, and consumer electronics.
Headquarter:
Kochi, Kerala, India
Where to find them:
Website
Industry:
Consulting, Consumer Electronics, Embedded Systems, Hardware, Information Technology, Software
a Bangalore-based startup that manufactures business-grade smart locks.
Headquarter:
Bangalore, Karnataka, India
Where to find them:
Website
Acquisition amount:
$12,136,536
Announcement:
14 January 2022
Chain of Retail Stores - Women's Designer Clothing
Headquarter:
Mumbai, Maharashtra, India
Where to find them:
Website
Industry:
Fashion, Lifestyle, Retail, Web Design
ABFRL maintains a chain of clothing and accessory retail locations in addition to designing and producing branded clothing.
Headquarter:
Mumbai, Maharashtra, India
Where to find them:
Website
Acquisition amount:
$100,000,000
Announcement:
24 March 2022
Unbxd is a platform for e-commerce product discovery that links customers to the goods they are most likely to purchase.
Headquarter:
Bengaluru, Karnataka, India
Where to find them:
Website
Industry:
Artificial Intelligence, Big Data, E-Commerce, Machine Learning, Navigation, Product Search, Search Engine, Software
With a selection of tools that aid in acquisition, engagement, and retention, Netcore offers B2C companies the chance to build incredible digital experiences.
Headquarter:
Mumbai, Maharashtra, India
Where to find them:
Website
Acquisition amount:
$3,100,000
Announcement:
18 April 2022
A food technology business called YCook focuses on minimally processed fruits, vegetables, and lentils.
Headquarter:
Hoskote, Karnataka, India
Where to find them:
Website
Industry:
Agriculture, Food and Beverage, Food Processing, Organic Food
AgriTech firm DeHaat provides technological solutions to boost farming's supply chain and production efficiency.
Headquarter:
Patna City, Bihar, India
Where to find them:
Website
Acquisition amount:
$13,331,566
Announcement:
28 July 2017
Pharmaceutical firm Zenotech Laboratories Ltd is mostly situated in India.
Headquarter:
Hyderabad, Andhra Pradesh, India
Where to find them:
Website
Industry:
Manufacturing, Pharmaceutical
The multinational, integrated, specialized pharmaceutical company Sun Pharma (Reuters: SUN.BO; Bloomberg: SUNP IN; NSE: SUNPHARMA; BSE: 524715) was founded in 1997.
Headquarter:
Mumbai, Maharashtra, India
Where to find them:
Website
Acquisition amount:
$100,000,000
Announcement:
19 January 2022
Alcon offers a wide selection of film capacitors as well as screw terminal electrolytic capacitors in aluminum.
Headquarter:
Mumbai, Maharashtra, India
Where to find them:
Website
Industry:
Electronics, Industrial, Manufacturing, Service Industry
The Exxelia Group develops and produces electromechanical and electrical products.
Headquarter:
Paris, Ile-de-France, France
Where to find them:
Website
Acquisition amount:
$71,602,819
Announcement:
26 October 2022
Indian spices that are whole, ground, and mixed are produced by Badshah Masala.
Headquarter:
Mumbai, Maharashtra, India
Where to find them:
Website
Industry:
Cooking, Food Processing, Restaurants
Dabur is one of India's top FMCG companies, with sales over Rs 7,680 billion and a market value above Rs 48,800 billion.
Headquarter:
Ghaziabad, Uttar Pradesh, India
Where to find them:
Website
Acquisition amount:
$5,792,087
Announcement:
27 May 2022
For the real estate industry, CareerSocially provides a platform for lead generation.
Headquarter:
Noida, Uttar Pradesh, India
Where to find them:
Website
Industry:
Information Technology, Lead Management, Real Estate
With the purpose of facilitating data-driven investments, Aurum Proptech seeks to bring about a tech-driven revolution in real estate.
Headquarter:
Mumbai, Maharashtra, India
Where to find them:
Website
Acquisition amount:
$13,021,800
Announcement:
26 April 2022
Users of the Corpository web platform may access information and keep tabs on directors and corporations.
Headquarter:
Ahmedabad, Gujarat, India
Where to find them:
Website
Industry:
Information Services, Online Portals, Professional Services
A completely integrated, unified digital platform called Yubi assists investors in finding, trading, executing, and fulfilling debt solutions.
Headquarter:
Chennai, Tamil Nadu, India
Where to find them:
Website
Acquisition amount:
$4,000,000
Announcement:
30 September 2022
Business intelligence is provided by the information technology company Froot Research.
Headquarter:
Pune, Maharashtra, India
Where to find them:
Website
Industry:
Artificial Intelligence, Business Intelligence, Information Technology, Machine Learning
IT consulting, technology, and digital transformation services are offered by Aarav Solutions.
Headquarter:
Iselin, New Jersey, United States
Where to find them:
Website
Acquisition amount:
$37,557,745
Announcement:
22 July 2022
Online learning institutions include Harappa Education.
Headquarter:
New Delhi, Delhi, India
Where to find them:
Website
Industry:
E-Learning, EdTech
A portal for higher education online called UpGrad offers a variety of courses.
Headquarter:
Mumbai, Maharashtra, India
Where to find them:
Website
Acquisition amount:
$13,000,000
Announcement:
7 March 2022
Electronics Design Manufacturing Services are provided by InYantra Technologies.
Headquarter:
Satara, Maharashtra, India
Where to find them:
Website
Industry:
Electronics, Industrial Manufacturing, Manufacturing
High-tech goods and services depend on Volex Plc's high-quality power cords, electronic interconnect, and fiber optic cable solutions.
Headquarter:
London, England, United Kingdom
Where to find them:
Website
Acquisition amount:
$85,524,290
Announcement:
4 May 2022
Pharmaceutical firm Oaknet Healthcare specializes on treating non-communicable disorders.
Headquarter:
Mumbai, Maharashtra, India
Where to find them:
Website
Industry:
Biotechnology, Health Care, Pharmaceutical, Wellness
An Indian pharmaceutical business called Eris Lifesciences specializes on treating chronic and lifestyle disorders.
Headquarter:
Ahmedabad, Gujarat, India
Where to find them:
Website
Acquisition amount:
$75,000,000
Announcement:
23 June 2022
The goal of Setu is to hasten economic growth by making formal money available to everyone.
Headquarter:
Bengaluru, Karnataka, India
Where to find them:
Website
Industry:
Financial Services, Software
Pine Labs is a platform for merchant commerce that offers funding and technology for last-mile retail transactions to retailers.
Headquarter:
Noida, Uttar Pradesh, India
Where to find them:
Website
Acquisition amount:
$80,058,127
Announcement:
9 December 2022
In India, Sunflame is a reputable manufacturer of kitchen and household equipment.
Headquarter:
Faridabad, Haryana, India
Where to find them:
Website
Industry:
Home and Garden
The Kochi-based firm V-Guard Industries Limited produces and sells voltage stabilizers in India.
Headquarter:
Kochi, Kerala, India
Where to find them:
Website
Acquisition amount:
$9,894,270
Announcement:
1 March 2022
Your smartphone is converted into a certified, secure PoS by Uvik Technologies.
Headquarter:
Bangalore, Karnataka, India
Where to find them:
Website
Industry:
Financial Services, FinTech
Indian multinational financial technology company Infibeam Avenues Limited
Headquarter:
Gandhinagar, Gujarat, India
Where to find them:
Website
Acquisition amount:
$34,142,114
Announcement:
19 May 2021
Hospitals can obtain speciality items from Vardhman Health Specialties in the fields of cancer, immunotherapy, and virology.
Headquarter:
Bangalore, Karnataka, India
Where to find them:
Website
Industry:
Health Care, Hospital, Therapeutics
The Indian healthcare supply chain is being streamlined by Aknamed.
Headquarter:
Bengaluru, Karnataka, India
Where to find them:
Website
Acquisition amount:
$50,000,000
Announcement:
17 May 2022
Business-to-business-to-consumer (B2B2C) investing technology platform WealthDesk.
Headquarter:
Mumbai, Maharashtra, India
Where to find them:
Website
Industry:
Financial Services, FinTech, Wealth Management
A mobile payment tool called PhonePe enables consumers to send money instantaneously.
Headquarter:
Andheri, Maharashtra, India
Where to find them:
Website
Acquisition amount:
$10,000,000
Announcement:
25 May 2022
Wizklub created a special technique for fostering and fostering children's higher order thinking skills.
Headquarter:
Bangalore, Karnataka, India
Where to find them:
Website
Industry:
EdTech, Education, Higher Education
Leading EdTech company Infinity Learn offers online tutoring for students.
Headquarter:
Hyderabad, Andhra Pradesh, India
Where to find them:
Website
Acquisition amount:
$70,000,000
Announcement:
15 June 2020
ACL Mobile is a cloud communications service provider that enables companies to communicate with consumers in a variety of ways.
Headquarter:
Noida, Uttar Pradesh, India
Where to find them:
Website
Industry:
B2B, Enterprise Software, Messaging, SMS, Telecommunications
Sinch is a cloud communications provider that links companies and clients with solutions that encourage one-on-one interaction.
Headquarter:
Stockholm, Stockholms Lan, Sweden
Where to find them:
Website
Acquisition amount:
$12,994,429
Announcement:
31 March 2022
An integrator of logistics solutions is All Cargo Logistics.
Headquarter:
Mumbai, Maharashtra, India
Where to find them:
Website
Industry:
Logistics
An integrated logistics, services, and transportation business is J M Baxi.
Headquarter:
Ballard Estate, Maharashtra, India
Where to find them:
Website
Acquisition amount:
$1,938,835
Announcement:
9 May 2022
A global provider of IT services and solutions, Quest Informatics.
Headquarter:
Bengaluru, Karnataka, India
Where to find them:
Website
Industry:
Information Technology
An international provider of IT services, HCLTech collaborates with customers in fields that affect and reshape the heart of their operations.
Headquarter:
Noida, Uttar Pradesh, India
Where to find them:
Website
Acquisition amount:
$3,270,641
Announcement:
13 December 2019
Robotics and artificial intelligence are the focus of Asteria Aerospace.
Headquarter:
Bangalore, Karnataka, India
Where to find them:
Website
Industry:
Aerospace, Artificial Intelligence
Reliance Industries works in the petrochemical, textile, retail, and energy industries.
Headquarter:
Mumbai, Maharashtra, India
Where to find them:
Website
Acquisition amount:
$17,836,935
Announcement:
14 February 2022
Hair dyes, shampoos, conditioners, style aids, serums, dry shampoos, and temporary hair colors are among the goods offered by BBlunt.
Headquarter:
Andheri, Maharashtra, India
Where to find them:
Website
Industry:
Consumer Goods, Fitness, Health Care, Wellness
A personal care company called Mamaearth focuses on infant and toddler items.
Headquarter:
Gurgaon, Haryana, India
Where to find them:
Website
Acquisition amount:
$24,494,630
Announcement:
28 November 2022
A direct-to-consumer (D2C) online clothing marketplace is called Bewakoof.
Headquarter:
Mumbai, Maharashtra, India
Where to find them:
Website
Industry:
E-Commerce, Internet, Lifestyle
The biggest portfolio in the fashion and leisure industry, TMRW is paving the way for the next stage of direct-to-consumer (D2C) development.
Headquarter:
Bengaluru, Karnataka, India
Where to find them:
Website
Acquisition amount:
$15,200,000
Announcement:
5 January 2018
Pvt. CIPY Polyurethanes Ltd. manufactures floor coatings.
Headquarter:
Pune, Maharashtra, India
Where to find them:
Website
Industry:
Chemical, Manufacturing
Consumer and specialty chemicals are offered by Pidilite Industries Limited.
Headquarter:
Mumbai, Maharashtra, India
Where to find them:
Website
Acquisition amount:
$1,700,000
Announcement:
21 October 2021
The Cloud Access Security Broker (CASB) solution is offered by CloudCodes.
Headquarter:
Pune, Maharashtra, India
Where to find them:
Website
Industry:
Cyber Security, Enterprise Software, Information Services, Information Technology, Security, Software
Using behavioral-biometric and machine learning technologies, Plurilock offers invisible MFA and continuous authentication.
Headquarter:
Victoria, British Columbia, Canada
Where to find them:
Website
Acquisition amount:
$10,000,000
Announcement:
30 May 2021
Your one-stop shop for all of your equipment requirements is Equiphunt.
Headquarter:
Hyderabad, Andhra Pradesh, India
Where to find them:
Website
Industry:
Construction, Real Estate
Using innovation and technology, we are re-constructing the future of construction
Headquarter:
Thane, Maharashtra, India
Where to find them:
Website
Acquisition amount:
$3,786,126
Announcement:
17 October 2022
a fun and interesting way to share, shop for, and find beautiful items.
Headquarter:
Gurgaon, Haryana, India
Where to find them:
Website
Industry:
E-Commerce, Fashion, Internet, Shopping
V-Mart is a full-service family clothing retailer that offers its clients real value for their money. It runs in India's Tier 2 and Tier 3 cities.
Headquarter:
Haryana, Haryana, India
Where to find them:
Website
Acquisition amount:
$6,000,000
Announcement:
25 March 2022
A SaaS platform called Live Keeping creates accounting software and company management solutions.
Headquarter:
Ahmadabad, Gujarat, India
Where to find them:
Website
Industry:
Accounting, Consulting, IT Management, SaaS, Software
An online B2B marketplace called IndiaMART.com links suppliers and customers.
Headquarter:
Noida, Uttar Pradesh, India
Where to find them:
Website
Acquisition amount:
$25,045,037
Announcement:
19 July 2022
Omuni offers cutting-edge and simple-to-integrate omnichannel solutions for physical businesses, online marketplaces, social media platforms, and blogs.
Headquarter:
Bangalore, Karnataka, India
Where to find them:
Website
Industry:
E-Commerce, Professional Services, Retail
Direct-to-consumer companies may send their products at a low cost thanks to the Shiprocket e-commerce shipping platform.
Headquarter:
New Delhi, Delhi, India
Where to find them:
Website
Acquisition amount:
$78,862,656
Announcement:
24 June 2022
One of the biggest producers of Silico manganese, Ferro manganese, and stainless steel is SKP Group's flagship enterprise.
Headquarter:
Kolkata, West Bengal, India
Where to find them:
Website
Industry:
Manufacturing, Precious Metals
A mining firm called Tata Steel Mining creates ferrochrome and chrome ore.
Headquarter:
Bhubaneswar, Orissa, India
Where to find them:
Website
Acquisition amount:
$4,800,000
Announcement:
4 May 2022
Solutions supplier provides cognitive platform for managing the lifespan of computer vision, offshore services, and digital consulting (AI/ML).
Headquarter:
Hyderabad, Andhra Pradesh, India
Where to find them:
Website
Industry:
Artificial Intelligence, Consulting, Education, Information Technology, Internet, Software
Company offering impartial testing services
Headquarter:
Irving, Texas, United States
Where to find them:
Website
Acquisition amount:
$25,202,236
Announcement:
17 August 2022
An AI platform called Shoptimize provides an e-commerce platform for developing economies.
Headquarter:
Pune, Maharashtra, India
Where to find them:
Website
Industry:
Commercial, E-Commerce, Information Services, Information Technology, Software
The company Graas offers e-commerce solutions.
Headquarter:
Singapore, Central Region, Singapore
Where to find them:
Website
Acquisition amount:
$14,570,879
Announcement:
6 October 2022
In order to assist organizations in adhering to labor rules, Simpliance Technologies offers governance, risk, and compliance technologies.
Headquarter:
Bengaluru, Karnataka, India
Where to find them:
Website
Industry:
Compliance, Legal, Risk Management, Software
Labor law compliance, factory compliance, industrial licensing, outsourced HR, legal & industrial compliance are all services provided by Aparajitha.
Headquarter:
Madurai, Tamil Nadu, India
Where to find them:
Website
Acquisition amount:
$11,500,000
Announcement:
15 March 2017
The SugarBox local Wi-Fi network breaks customers' reliance on mobile data.
Headquarter:
Mumbai, Maharashtra, India
Where to find them:
Website
Industry:
Computer, Information Technology, Infrastructure, Internet, Private Social Networking
The second-largest media and entertainment firm in India is situated in Mumbai, and its name is Zee Entertainment Enterprises Ltd.
Headquarter:
Mumbai, Maharashtra, India
Where to find them:
Website
Acquisition amount:
$14,699,856
Announcement:
23 November 2022
An inpatient and outpatient psychiatric institution is Sukoon Health.
Headquarter:
Haryana, Haryana, India
Where to find them:
Website
Industry:
Health Care, Psychology, Rehabilitation
An investment company called Lightrock makes investments in businesses with tech-driven business concepts.
Headquarter:
London, England, United Kingdom
Where to find them:
Website
Acquisition amount:
$12,518,142
Announcement:
22 August 2022
Three seasoned drinkers who wanted to share their passion for libations with the wider world of beverages came up with Svami.
Headquarter:
Mumbai, Maharashtra, India
Where to find them:
Website
Industry:
Food and Beverage
In India, Stranger & Sons offers catering and beverage services.
Headquarter:
Mumbai, Maharashtra, India
Where to find them:
Website
Acquisition amount:
$15,009,163
Announcement:
1 April 2022
Designer lamps, hanging lights, and wooden décor are among the furnishing items that White Teak, a premium lighting and home decor firm, offers.
Headquarter:
Bengaluru, Karnataka, India
Where to find them:
Website
Industry:
E-Commerce, Home Decor, Lighting, Retail
Customers may get ornamental and industrial paints from Asian Paints.
Headquarter:
Mumbai, Maharashtra, India
Where to find them:
Website
Acquisition amount:
$9,563,652
Announcement:
28 February 2022
Whizzard runs an intra-city delivery network for last-mile supplies and digital commerce.
Headquarter:
Hyderabad, Andhra Pradesh, India
Where to find them:
Website
Industry:
Transportation
solutions for corporate personnel transportation and supply chain management.
Headquarter:
Mumbai, Maharashtra, India
Where to find them:
Website
Acquisition amount:
$13,153,664
Announcement:
16 March 2022
To connect customers and their various suppliers on a shared platform, Xpedize offers proprietary software.
Headquarter:
Gurgaon, Haryana, India
Where to find them:
Website
Industry:
Financial Services, FinTech, Software
Indians' financial life are made simpler with the help of the tax and investing website ClearTax.
Headquarter:
Bangalore, Karnataka, India
Where to find them:
Website
Acquisition amount:
$40,000,000
Announcement:
13 January 2022
India's top mobile phone repair, refurbishment, and unboxing center is Yaantra.
Headquarter:
Delhi, Delhi, India
Where to find them:
Website
Industry:
Information Services, Information Technology, Mobile, Software
Over 100 million users have registered on the online store operated by Flipkart.
Headquarter:
Bengaluru, Karnataka, India
Where to find them:
Website
Acquisition amount:
$22,000,000
Announcement:
7 April 2016
Regulatory services are provided by Adcock Ingram Healthcare as a transactional back office support service.
Headquarter:
Banswada, Andhra Pradesh, India
Where to find them:
Website
Industry:
Health Care, Marketing, Pharmaceutical
A private equity company is Samara Capital.
Headquarter:
Mumbai, Maharashtra, India
Where to find them:
Website
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