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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The deal has dragged on for more than three months. Both companies want it to go through, but valuation and complex shareholding remain stumbling blocks.
PhonePe’s negotiations to acquire ZestMoney have proven to be fascinating and complex in equal measures. Even as Walmart, PhonePe’s owner, is still conducting its due diligence on the acquisition, PhonePe has handed out a Rs 150 crore lifeline in form of a loan to ZestMoney to keep its operations intact.
While the initial expectations in November when The Economic Times first reported the talks were that a deal could be wrapped up quickly, the negotiations have entered a third month, and it has been over two months since the loan. According to four industry executives in the know, the deal …
A new partnership between the two investment giants; Dubai Investments Park opens for subscription; and fears of war, once again.
The contrasting approaches are driven by two very different strategies. One wants to capture more markets; the other is focused on discipline and profits.
The instant house help business has become the centre of focus and investment at the home services company. But another fight may be brewing in its core business.
