Update: Webchutney CEO Sidharth Rao has said in a blogpost that Dentsu has acquired 80% stake in Webchutney but the company will continue to operate independently in India. ... Continue_Reading

After much speculation, Yahoo has finally announced that it will acquire Tumblr, the blogging platform, for $1.1 Billion in an all cash deal. ... Continue_Reading

A quarter after its Airtel Bangladesh business broke even at an EBITDA level, Bharti Airtel has announced that it will acquire the remaining 30% stake in the venture from Warid Telecom. ... Continue_Reading

Airtel appears to be strengthening its presence in Africa: The company will buy Warid’s Uganda business, giving it a combined user base of 7.4 million customers in Uganda – 4.6 ... Continue_Reading

Update: In a statement to the stock exchanges, Reliance Communications has said that Batelco is no longer in discussions with RCOM and Samena Capital for the acquisition of Reliance Globalcom, ... Continue_Reading

Publicis Groupe, the French advertising and public relations company has acquired a Bangalore-based technology service provider Neev Technologies for undisclosed amount. ... Continue_Reading

Knewcleus, education management software company has acquired X2PN, an education startup that provides learning solutions in an equity swap deal for an undisclosed sum ... Continue_Reading

Baby products focused e-commerce venture Babyoye.com has acquired Bangalore-based Hoopos in an all stock deal ... Continue_Reading

Education company, Educomp has sold 50% of its stake in IndiaCan, a vocational training business to Pearson, its JV partner in the venture,  according to BSE filing. ... Continue_Reading

Myntra, a fashion and lifestyle eCommerce company, has acquired San Francisco based virtual fitting room startup Fitiquette for an undisclosed amount ... Continue_Reading

McCann Worldgroup India, a part of the Interpublic Group has acquired a majority stake in End to End Marketing Solutions, a Bangalore based database marketing company ... Continue_Reading

Update: Our readers point out in the comments that BuyThePrice shifted to a marketplace model a few months ago. Earlier: Naspers owned Tradus appears to have bought out ecommerce portal ... Continue_Reading