The massive Japanese bank Sumitomo Mitsui Banking Corp. (SMBC) is in advanced negotiations to purchase a sizeable portion of YES Bank. The State Bank of India (SBI), which owns 24% of YES Bank and has been looking for a long-term buyer since the bank's turnaround since its bailout
Infosys, the second-largest IT services company in India, has already acquired two companies this year and is searching for more. The company has stated that a large-scale acquisition similar to its previous in-tech purchase is definitely within the range of possibility. Infosys CEO Salil Parekh recently spoke with a news
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Cred is a popular fintech company founded by Kunal Shah in 2018. It is a reward-based credit card payments startup. Recently, Cred raised $80 million in its latest funding round at a $6.4 billion valuation. Even after making a loss of Rs 524 crore in FY21 why is this
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Covid-19 shook the economies of the whole world. Not just the countries that are developed suffer but also the countries that are developing and are already poor. This shock was instant and the world market crashed as soon as the pandemic hit the world. Businesses all over the world that
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IndiaMART is a Noida-based e-commerce platform that is involved in B2B sales of various products and services in the country. It connects buyers with suppliers of all scales (SMEs, Individual suppliers, large enterprises). IndiaMART has the largest online marketplace for B2B businesses in India. The company claims to have a
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Startup acquisition seems to be a great trend for many big companies. The companies or the startups that have made it big likes to indulge themselves in the game of acquisitions. So, when a small startup is doing well in the market but does not have the capability to sustain
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Day by Day, the thriving International Business Machines corporations have taken the spotlight, by acquiring top-notch on-demand startups all over the world. Since the incorporation of IBM, the American Technology MNC has operated in over 177 countries through merging, acquisition, and absorption with other reputable companies. Besides, IBM accomplished success
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Infosys Limited is one of the most well-known Multinational Tech Companies in India, headquartered in Bengaluru, Karnataka. The company is known for services like Business Consultation, IT and Outsourcing. Infosys was established in 1981 and is now NYSE listed global consulting and IT company with more than 2,49,000
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Wipro Limited is an Indian multinational corporation that is headquartered in Bengaluru, Karnataka. It is known for Wipro products and services list which includes IT services, BPO services, IT consulting, testing, research and development in the software and hardware areas of companies around the world. Wipro Group is a global
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“Survival of the fittest” is a phrase the biologist Charles Darwin popularised. This denotes in biology the fact that, for an organism to live and survive in extreme nature, it has to be the fittest. So, the laymen implication is that the fittest are mostly entitled to survive. This is
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Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by 10Club. Each and every business is unique and respectable in its own way. Planning only for business growth is certainly a good idea but before
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2021 has been a rollercoaster for all of us, but it has been a watershed moment for the Indian startup ecosystem. Since January 2021, 119 merger and acquisition agreements have been completed, compared to 86 for the entire year of 2020. In 2020, this amounted to $1.3 billion in
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Imagine finding a marketplace, where you can get almost anything and everything. Well, you don’t have to imagine anymore, because a place like that already exists in reality itself. From groceries to furniture, almost everything you need can be found under a single roof, thanks to the world’s
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SoftBank Vision Fund is a Japanese based company that had exited from its investments in Flipkart after selling them off to Walmart Inc during the year 2018. But the company has now held discussions in order to invest into the e-commerce giant, Flipkart. Let’s look at why SoftBank is
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On 3 May 2021, Verizon had announced that it is selling Yahoo and AOL properties to Apollo Global Management. It is estimated that the company has sold Yahoo and AOL for almost half of what it had paid for acquiring the company. Let’s look at why Verizon sold Yahoo
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TATA Group has been looking to acquire the grocery delivery startup Bigbasket. The company has received approval from The Competition Commission of India (CCI) to acquire the unicorn grocery delivery startup of India. Let’s look at how TATA will soon compete with Jiomart and the further details of the
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What do you mean by the term Acquisitions? On what metrics the company acquires other companies? Is acquiring other competitor companies legal? Which are some of the latest acquired companies? Interesting isn't it? According to Investopedia, the definition of Acquisitions is as follows- > An acquisition is when