Ayushman Baruah
Stories by Ayushman Baruah
Indian deep-tech startups become hot targets for global firms
Startups focusing on disruptive tech that can solve complex global problems are in demand.
India: CCI okays PE firm Carlyle’s $3b Hexaware bid
BPEA bought a controlling stake in Hexaware in 2013 for about $420 million.
India’s Premji Invest buys significant stake in SB Packagings
Premji Invest has been active in investing in the Indian markets for over ten years.
India: HGS to divest its healthcare services biz to Baring PE Asia
The transaction based on the enterprise value of $1.2 billion, is expected to complete within 90 days.
India: Accenture bets on acquisitions to boost cloud biz
The company formed the Cloud First group last year to invest $3 billion over three years.
Indian IT firm Mindtree to buy L&T’s cloud platform NxT Digital Business for $27m
The acquisition is expected to enhance Mindtree’s cloud-based IoT and AI capabilities.
India: Consulting firm ANSR raises $15m to expand to newer geographies
In 2015, ANSR had raised Series A from Accel Partners.
Indian IT giant Wipro to buy Australia’s Ampion for $117m
The deal is expected to close in the quarter ending 30 June, 2021.
India: Wipro to buy UK consultancy Capco for $1.45b
The latest acquisition is expected to close in the quarter ending June.
PayPal to hire 1,000 engineers across its India development centres in 2021
Hirings will be across software, product development, data science, risk analytics and business analytics streams.
