M&A activity has seen a steady increase across the globe over the past decade, especially in Mumbai. 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 11 acquisitions that took place in Mumbai .
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:
$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:
$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:
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:
$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:
$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:
$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:
$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:
$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:
$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
BitsForDigits and Uncapped have partnered to offer startup acquirers fast, tailored and flexible access to capital to fund acquisitions.