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IoT-enabled facilities management firm Ixora acquires majority stake in on-demand home improvement startup Renowala

Renowala is an online marketplace that lets interior designers and home owners come together for their home improvement and design requirements 

e27 discussions, is patience the solution to Southeast Asian M&A woes?

Industry veterans argue that Southeast Asia just needs patience for a more robust acquisition environment, is this correct? 

Not a buyer or seller market, M&A in Southeast Asia is still at the investor stage

M&As happen on a seven-year timeline, so Southeast Asia should see more deals in the coming years 

Online sellers seek government intervention to stop Snapdeal-Flipkart merger over unsettled dues

The sellers fear that if the deal is materialised, they may meet the same fate as sellers on, which shut operations last year without settling dues 

Emtek Group quietly confirms the acquisition of e-money provider Doku and Espay

Emtek Group acquiring Espay may smoothen up the way for Emtek-Ant Financial joint venture to enter the Indonesian e-money market 

Kalaari Capital MD Vani Kola resigns from Snapdeal Board amidst distress sale talks with Flipkart

Kalaari is one of the early backers of Snapdeal and has invested a total of US$27.5 million in the e-commerce marketplace over multiple rounds 

[Exclusive] Due diligence started in impending Flipkart-Snapdeal merger; SoftBank may invest up to US$1B in new entity

Although the deal is on course, Flipkart and Snapdeal are yet to resolve the differences about the employee stock options (ESOPs) 

Indonesian B2B e-commerce platform Bizzy acquires Alpha, gets ex-Mbiz CEO as new CEO

Bizzy and Mbiz have been seen as direct competitors in Indonesia's budding B2B/G e-commerce sector 

Indonesian dating site Setipe gets acquired by Lunch Actually, will focus on revenue and profitability

In 2016, Lunch Actually and Setipe joined forces to launch dating education platform