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Mergers & Acquisitions

Flipkart acquires Bengaluru’s PhonePe

Flipkart has acquired Bengaluru-based mobile payments company PhonePe. However, the financial details of the acquisition have not been disclosed. PhonePe is building a unified payments interface-based product. The interface will allow users to carry out […]

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Mergers & Acquisitions

Nielsen acquires Informate Mobile Intelligence

Nielsen has acquired Mumbai-based Informate Mobile Intelligence, which gathers and interprets data pertaining to mobile usage, for an undisclosed amount. The move will enable both companies to respond quickly to trends across international markets. Prior […]

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Mergers & Acquisitions

RCOM shareholders approve SSTL merger

The shareholders of RCOM have approved the proposed merger of Sistema Shyam TeleServices Limited (SSTL) with RCOM. The deal has already been cleared by bodies such as the Competition Commission of India, the Rajasthan High […]