Provo, Utah-based Nu Skin Enterprises, Inc., a multilevel marketing company, is currently facing significant challenges in customer and affiliate acquisition due to a tough macroeconomic landscape. Volatile foreign currency movements have also negatively impacted the company’s performance. The global macroeconomic situation is expected to remain difficult in the near term,...
India’s Godrej Acquires Tyson’s Stake in Poultry JV
Mumbai-based Godrej Agrovet Ltd. (GAVL), a diversified food and agri-business company, has announced a significant move in the Indian processed poultry market. The company has signed a definitive agreement to acquire the remaining 49% stake in Godrej Tyson Foods Limited (GTFL) from Tyson India Holdings Ltd., an affiliate of Springdale,...
Coinbase Acquires India’s AI Startup Agara
Delaware registered Coinbase Global, Inc., branded Coinbase, that operates a remote-first cryptocurrency exchange platform, acquired Bangalore-headquartered Agara, an artificial intelligence-enabled support platform for over $40 million. This is Coinbase's first India acquisition as it aims to expand in the country. Founded in 2017, Agara creates virtual voice assistants that integrate...
WWE Conducts First Tryout in Mumbai, India
Stamford, CT-headquartered World Wrestling Entertainment, Inc., (WWE) held its first tryout in Mumbai, India to scout for its next Superstar. Featuring more than 70 prospects from throughout the country, the camp was the biggest tryout in WWE history. During the four-day tryout, WWE selected Indian athletes to train at the WWE...
India's Strides Pharma Science Acquires PA-Based Vensun Pharma
Bangalore, India headquartered Strides Pharma Science Limited announced that its subsidiary East Brunswick NJ-based Strides Pharma Inc., will acquire the full stake in Yardley, PA-based Vensun Pharmaceuticals, Inc., a company that manufactures generics. Vensun has a strategic focus on niche ANDAs with a portfolio of sixteen commercialized ANDAs, four of...
Paypal Starts India Operations
After offering cross-border payments in India for a decade, global digital payments major PayPal announced the launch of its India operations. PayPal Holdings, Inc., said, "Merchants offering PayPal will be able to process both local and global payments through PayPal, getting access to PayPal's 218 million customers around the world...