VCCircle | March 2, 2022 YourNest Capital Advisors-funded edtech platform Practically on Wednesday said it has acquired enterprise resource planner (ERP) software Fedena, for an undisclosed capital. Practically, operated by 3rdFlix Visual Effects Pvt Ltd, claimed that the buyout made it the world’s first edtech firm to offer an end-to-end product suite for schools. The
As per the CRISIL Benchmark Report: Values as on March 31, 2021 released on February 8, 2022, ‘YourNest India VC Fund II’ ranks in the Top Quartile amongst the 48 peer AIFs of vintage 2017. As of March 31, 2021 the net IRR was 31.79% which has further improved to 36.3% as of December 31,
ET Telecom | January 31, 2022 Bharti Airtel has announced an agreement to acquire a 25% stake in Bengaluru–based tech startup, Lavelle Networks for an undisclosed sum just days after receiving a $1 billion investment commitment from US tech giant, Google. The deal is part of the telco’s Airtel Business unit’s plans to address the
The Hindu Businessline | January 14, 2022 Imagine Marketing Pvt Ltd, the parent company of consumer electronics brand, boAt, has signed a definitive agreement to acquire Singapore-based KaHa Pte Ltd for an undisclosed amount. KaHa Pte Ltd is an end-to-end smart IoT product development company. Imagine Marketing said this acquisition will enable it to augment
