Tag: acquires

SME lending platform Validus acquires Citi Singapore’s CitiBusiness loan portfolio  – TechCrunch

Validus, a Singapore-based lending platform for small and medium-sized enterprises, is acquiring CitiBusiness’ loan portfolio for an undisclosed amount to bolster its top-line revenue and customer base and expand its growing loan book.  Nikhilesh Goel, co-founder and CEO of Validus, told TechCrunch that Validus expects to create synergies with the loan portfolio of CitiBusiness, Citi…


PlayStation Studios acquires Jade Raymond’s Haven Studios

GamesBeat Summit 2022 returns with its largest event for leaders in gaming on April 26-28th. Reserve your spot here! PlayStation Studios today announced it has acquired Haven Studios. The Montreal-based company had previously announced a partnership with Sony, and now it has joined the conga line of studios acquired by the console maker. Neither PlayStation nor…


Reliance Retail acquires majority stake in D2C brand Clovia for $125 million – TechCrunch

Mukesh Ambani-controlled Reliance Retail said on Sunday evening it is acquiring a majority stake of 89% in direct-to-consumer brand Clovia for $125 million as the largest Indian retail chain looks to expand its footprints in the apparel and innerwear categories. Eight-year-old Clovia, which operates a “bridge-to-premium D2C brand” and sells over 3,500 products across innerwear…