Experts have long believed that 2016-17 will witness a large number of mergers and acquisitions in the startup industry and the recent merger of Goibibo with Make My Trip has only corroborated this supposition.
Indeed, the corporate appetite for mergers and acquisitions has increased...
Gurgaon-based Hector Beverages Pvt Ltd, which manufactures soft drinks and beverages under the Paper Boat brand, has recently raised Rs 183 crore ($29 million) in Series C round led by Belgium-based investment company Sofina and China's Hillhouse Capital.
Existing investors...