Top most popular Indian Merger and Acquisition Deals ?
Just like Charles Darwin’s theory of ‘Survival of the Fittest,’ only the stronger companies survive in the end. The weak ones cease to exist. Sometimes they join forces to take on a stronger threat to their existence. Animal Spirits drive the companies too. Mergers and Acquisitions are an inevitable part of a company’s lifecycle. This piece talks about the best M&A deals of the Indian market. They affect not only the Indian companies but also Indian consumers. The top-10 deals of the 21st century are the following (in no particular order). 1. The E-Commerce Flip Flipkart is the other e-commerce giant in the Indian market. The Singapore based firm acquired fashion and lifestyle website ‘Myntra’ in 2014, for ₹2000 crores. Just as Flipkart moved from selling books to other consumer stuff, Myntra catapulted it in the clothing e-commerce domain. Acquiring ‘Jabong’ (in 2017) and ‘Myntra’ has made it India’s top apparel e-commerce company. The following year...