Infibeam Closes Q3 FY24 with INR 900 Cr Revenue, Recording INR 41 Cr Profit
Three points you will get to know in this article: On Tuesday, Infibeam Avenues, a leading fintech company, unveiled its financial performance for the third quarter of the current fiscal year, Q3 FY24. The reported results paint a compelling picture, showcasing sustained growth in both revenue and profits. During Q3 FY24, Infibeam experienced a noteworthy 15.4% surge in revenue from…
Ontario Teachers’ Fund Receives CCI Approval for Minority Stake Acquisition in XpressBees
Three points you will get to know in this article: On Thursday, October 26, the Competition Commission of India (CCI) gave the nod to the Ontario teachers’ fund’s plan to secure a minority interest in the renowned logistics powerhouse, XpressBees. In its official decree, the CCI granted approval for the acquisition of a stake in BusyBees Logistics Solution, the parent…
Edtech Giant BYJU’S in Negotiations with Private Equity Firms for Aakash Sale
Three points you will get to know in this article: It appears that BYJU’S, the leading edtech company led by Byju Raveendran, is facing significant challenges and is considering the sale of Aakash Educational Services Limited, which is considered its most valuable asset. According to a report by ET, BYJU’S has engaged in discussions with private equity firms like Bain…
Oyo to make its first Chinese acquisition by buying midscale Chinese hotel brand Qianyu
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