Background of the Companies: GMM Pfaudler: Established in 1961, GMM Pfaudler is a leading Indian manufacturer of process equipment for the pharmaceutical and chemical industries. It offered a diverse product portfolio... Read More
Author: Growthvine
Market Size and Growth: The global e-commerce market size was estimated at $6.27 trillion in 2024 and is projected to reach $8.48 trillion by 2029 according to Mordor Intelligence [1], with... Read More
About the acquisition The Adani Group, a major Indian conglomerate, made a bold move in May 2022 by announcing the acquisition of Ambuja Cements Limited and its subsidiary ACC Limited from... Read More
Rise of SRIs in India: According to the Association of Mutual Funds in India (AMFI), assets under management (AUM) for ESG/SRI themed mutual funds in India grew from ₹5,510 Crore (US$7.2... Read More
Reasons For The Merger The merger between LTI and Mindtree, finalized in November 2022, was driven by several strategic objectives: Synergy and Growth: Combining the strengths of both companies aimed to create... Read More
What are NFTs? NFTs (Non-Fungible Tokens) are unique digital assets stored on a blockchain, a secure, distributed ledger. Unlike fungible assets like money (where one rupee is the same as another),... Read More
Brief: The India VIX, short for India Volatility Index, is a benchmark that gauges the market's expectation of volatility in the next 30 calendar days. Introduced in 2003 by the National... Read More
Background of Companies: Flipkart: Flipkart was founded in 2007 by Sachin Bansal and Binny Bansal. It operates in the e-commerce industry and is headquartered in Bangalore, India. The company has attracted... Read More
Brief: WhatsApp is a free messaging app used by over 2 billion people worldwide. It allows users to send text messages, voice calls, video calls, images, documents, and other media. Offerings: Free Messaging:... Read More
Deal Structure: Acquisition Type: It was a combination of primary and secondary investment. Primary Investment: Walmart invested $2 billion in new equity into Flipkart, providing the company with fresh capital for growth. Secondary... Read More