Acquisitions | Page 7

Veefin Group plans to enhance its corporate and banking services by integrating Walnut's GenAI capabilities, transforming complex data into quick insights for credit decision-making, while Walnut will remain independent post-acquisition.

This strategic acquisition aims to enable Bandhan Group to broaden its global presence, adding new operational hubs in the US, UK, and India.

Mankind's acquisition strengthens its leadership in India's women's health and fertility drug market while granting access to high-entry barrier critical care products, bolstered by robust R&D technology platforms.

Founded in 2002, Dynamic IT Solution designs, develops, trades, and supplies software, sports, and fitness accessories, marketing its products under the "Strauss" brand.

The transaction is pending approval from the Competition Commission of India (CCI) and will be finalized once all regulatory and customary conditions are met. The timeline for closure is contingent on receiving the necessary clearances.

With this acquisition, Bikaji aims to expand its offerings into premium bakery, patisserie, and QSR segments, aligning with its strategy to build a "House of Brands" catering to evolving consumer preferences.

The acquisition aims to enhance its digital engineering offerings, expand client reach across key sectors, and increase its global workforce to 5,000 employees, boosting overall market presence.

Prescinto, founded in 2016, uses AI to provide advanced monitoring, analytics, and automation for renewable energy operations, helping organisations optimise wind, solar, and energy storage assets for improved efficiency and power generation.

With the acquisition of My Chicken and More's 23 outlets, Licious will expand its physical retail footprint to 26 points of sale.

This acquisition marks Jetapult's first foray into the Middle East and North Africa (MENA) region, underscoring its intention to broaden its investment footprint. The company also has plans for further investments in key markets, including Southeast Asia and Europe.

Vajram's acquisition of Varcas aims to enhance production capacity, enabling it to meet growing demand for electric two-wheelers, particularly in Tier II and Tier III cities, leveraging Varcas' manufacturing capabilities.

The Group invested INR 100 crore in Sirona, offering early angel and seed investors substantial returns of 6x to 20x through primary and secondary investments in 2021, now completing its acquisition.

This merger is expected to enhance access to premium, free entertainment for a broader audience across India.

Exicom Expands Global Reach with Tritium Acquisition, Investing USD 37 Million to Enhance EV Charging Solutions and Establish Manufacturing Unit in Hyderabad by 2025, Promoting Sustainable Mobility and Innovation Worldwide.

Altek Electronics' acquisition enhances Cyient DLM's portfolio with Fortune 500 clients, boosting strategic engagements in the medical, healthcare, and industrial sectors.

The newly acquired unit includes over 120 senior automation consultants and technologists across the United States, the United Kingdom, India, Canada, and Germany, positioning UST to expand its global reach.

Karman Drones specialises in indigenous drones for defense and civil sectors, including the Pratham series, Tethered Drones, and Long Endurance VTOL. It's also developing Kamikaze drones with VTOL and recovery features.

The acquisition enhances Persistent's AI-led, platform-driven services and strengthens its ability to provide comprehensive offerings in digital governance, including data privacy, AI governance, and cybersecurity, among others.

This acquisition builds on Adda247's history of strategic takeovers, which include StudyIQ, a UPSC-focused edtech platform, in 2021; Veeksha, a 3D experiential learning company, in 2023; and Ekagrata, a chartered accountancy (CA) test-prep platform, in July 2024.

With this acquisition, Pluckk aims to enhance the nutritional value of its offerings, making it easier for customers to address their on-the-go nutrition needs.

Zaggle Prepaid Ocean Services Limited has announced two major acquisitions as part of its strategic expansion. The company has invested a total of INR 48 crore to acquire stakes in two key players