Atlanta, GA-based Coca-Cola has entered into discussions with Bangalore, India headquartered Café Coffee Day, which is India's largest coffee house chain, to acquire a significant ownership percentage in the company. Looking to combat changing consumer tastes, Coca-Cola is eyeing the growing coffee market in India to expand its product offerings....
India's HCL Acquires Seattle's Strong-Bridge Envision
Headquartered in Noida, a distance of 13 miles from Delhi, HCL Technologies acquired Seattle-based Strong-Bridge Envision, a digital transformation consulting firm backed by Bow River Capital of Denver, CO. With offices in Seattle, Denver, Atlanta, and New York City, Strong-Bridge Envision (SBE) will become part of HCL’s global Digital and...
Ebix Inc., Acquires 60% of India's Smartclass
Atlanta, GA based Ebix Inc., will acquire a 60% stake for $8 million in New Delhi-based e-learning company Smartclass Educational Services Private Limited. This is Ebix’s ninth acquisition in India in a little over two years. Smartclass will be integrated into Ebix’s education and e-learning initiatives in India. The company’s...
American CyberSystems Acquires India's GGK Technologies
Headquartered in Atlanta, Georgia, American CyberSystems (ACS) has acquired Hyderabad, India-based GGK Technologies, a deal that boosts ACS’ IT consulting capabilities both on-shore and off-shore. Financial detalis were not disclosed. GGK Technology's core services include developers and consultants focused on artificial intelligence, advanced analytics, custom application development, robotic process automation,...
Ebix to Invest $200 Million on Acquisitions in India
Atlanta, GA-based Ebix Inc., that provides solutions on infrastructure exchanges, enterprise systems and risk compliance in insurance, healthcare and financial services, among others, plans to spend an additional $200 million for acquisitions in India. Ebix first purchase in India was an 80% stake in ItzCash for $124 million from the...
UPS Launches Logistics Facility in India
Atlanta-based UPS, the world's largest package delivery company and a provider of supply chain management solutions, launched its new integrated logistics facility in Hyderabad, India. "India is one of the fastest growing G20 economies and Hyderabad is fast becoming a ground for implementation of the `Make in India' initiative, said...