India monthly roundup of M&As and tie-ups in July

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Here is a roundup of India monthly roundup of M&As and tie-ups in July. India monthly roundup of M&As and tie-ups in July.

  • ZEE5 has entered into a strategic partnership with Minute.ly, an Israel-based AI-driven video enhancement company. With the AI tool of Minute.ly, ZEE5 would be able to predict user engagement patterns.
  • Invesco-Oppenheimer Developing Markets Fund has agreed to buy an 11 percent stake in Zee Entertainment Enterprises for approx. Rs.4, 224 crores.

India monthly roundup of M&As and tie-ups in July

  • A group of investors including Comcast Corp., the U.S. cable giant, Lupa Systems and Blackstone Group has reportedly made an offer for a stake buy in Zee Entertainment Enterprises. They are planning to pick up around 51 percent stake at a market value of approx. $2.77 billion.

India monthly roundup of M&As and tie-ups in July

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  • ZEE5 and ALTBalaji have entered into a partnership to co-create original content which will be available exclusively on the platform of both the firms.
  • Bharti Airtel has partnered with Shaw Academy, an edu-tech platform, to offer free access to online courses to its customers.

India monthly roundup of M&As and tie-ups in July

  • Brookfield Asset Management is planning to buy a majority stake in Suzlon Energy and is working with a financial adviser for the due diligence. Suzlon has outstanding bank loans of more than Rs.11, 000 crores.
  • Samsung Venture Investment Corporation bought a stake of around 20 percent for $5.75 million in Mumbai-based Indus OS. Valued at around $29 Million, Indus OS is a systems application company.
  • The Kalpataru Power Transmission has entered into a binding agreement with CLP India to sell their stake in 3 power transmission assets for an enterprise valuation of about Rs.3, 275 crores.

India monthly roundup of M&As and tie-ups in July

  • With an aim to help SMBs scale up their operations, Facebook has announced partnerships with VC funds in India. Facebook will work with VC funds to skill and mentor SMBs by sharing insights on best practices and proven solutions.

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