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Private Equity | 4 April 2012

Snapdeal Acquires Sport Goods Etailer - esportsbuy.com

by Irfan Khan
Snapdeal Acquires Sport Goods Etailer - esportsbuy.com
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Snapdeal has acquired online sports goods retailer - esportsbuy.com. The terms of the transaction were not disclosed, however the dealsize is expected to be in the range of R50-75Cr.

This acquisition will help the ecommerce portal to expand in the arena of sports retailing.

Esportsbuy.com was founded by Amit Monga and Prateek Agarwal in 2011 and has posted revenues of about R10Cr in one year of operations.

Origio A/s Acquires 51% Trivector Scientific For 3.3Mn Euros

Origio A/s Acquires 51% Trivector Scientific For 3.3Mn Euros

Origio A/s is acquiring a 51% stake in Trivector Scientific for 3.3Mn Euros. Post acquisition, it will operate as a JV to focus on introducing and selling more equipments, consumables, disposables, culture media, providing other maintenance services and to increase awareness about the issue in the ...

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Navayuga Plan To Sell Stake In Its Power Assets

Navayuga Plan To Sell Stake In Its Power Assets

Hyderabad-based CVR Group unit Navayuga Power may sell stake in its power assets to Toshiba, Sumitomo, Mitsubishi & GDF Suez. The deal Value expected to be in between INR 13,800 to 14,400 Mn for equity stake 49 to 51%.

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