Novus Loyalty to acquire 80.87% stake in AutoPe for Rs 105 crore
AutoPe Payment Solutions earlier used to run and manage IRCTC's i-Pay offering. The mandate is now won by another payments company.
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AutoPe Payment Solutions earlier used to run and manage IRCTC's i-Pay offering. The mandate is now won by another payments company.
PB Fintech has also authorised a capital infusion of up to Rs 10 crore into PB Wheels Pvt Ltd and Rs 1 crore into PB Financial Account Aggregators Pvt Ltd.
Circle will also grant Tazapay employees restricted stock units worth an aggregate $25 million after the acquisition closes.
Certain assets of the RemitX forex and cross-border business will be transferred to Niyo's subsidiary Kanji Forex.
As part of the deal, ITC Infotech will first buy a 22.1% stake in Happiest Minds for Rs 1,330 crore.
The acquisition comes just months after C2i Semiconductors raised Series A funding led by venture capital firm Peak XV Partners.
Pando.ai will continue to operate as a separate brand, with its existing product and company identity.
The acquisition is expected to bolster DSP Finance’s offerings in loans backed by financial assets, particularly mutual funds.
The acquisition also gives GalaxEye access to StarOps’ qualified satellite bus platforms in the 50 kg, 150 kg and 250 kg categories.
BlackSoil said it backed the transaction citing Mintoak's banking partnerships, profitable growth and scalable business model.
Groww had acquired Fisdom in an all-cash transaction valued at around $150 million in October 2025, marking one of the largest consolidation moves in India’s wealthtech space
The combined business generates over $30 million in annual revenue with a profitability margin exceeding 30%.
Unobanc adds to a list of strategic or acquisition deals made by Zaggle in the past years.
In today's Money & Machines edition, we write on the return of crypto ban debate; and iMerit's acquisition.
Under the agreement, BlackSoil will absorb the entire solar financing vertical, including its leadership team, technology stack, brand assets and operational framework.
The deal is expected to be completed by September 2027, pending regulatory clearance from the Competition Commission of India.
The transaction is expected to be completed during the second half of 2026.
The acquisition is expected to bolster its position in the fast-growing AI coding market, where rivals Anthropic and OpenAI and Anthropic have gained significant traction.
The acquisition forms part of Scripbox’s broader strategy to bring independent wealth management businesses into its network.