homebusiness NewsBig Deal: Startups targeting legacy companies is a hot M&A trend; experts discuss

Big Deal: Startups targeting legacy companies is a hot M&A trend; experts discuss

A big new trend is emerging on Deal Street -- online businesses are buying out the offline businesses. The trend is the newly emerging space. Sanjeev Bhikchandani, Founder and Executive VC of Info Edge, Manisha Girotra, CEO, Moelis India and Yogesh Singh, Partner & Co-Head - Corporate Practice at Trilegal discussed this further.

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By Nisha Poddar  Jul 1, 2021 5:39:04 PM IST (Updated)

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A big new trend is emerging on Deal Street -- online businesses are buying out the offline businesses. The trend is the newly emerging space. Online, offline combo can be lethal and that is why these mergers and acquisition (M&A) deals are gaining traction.

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One such large and pathbreaking deal in this particular space is PharmEasy, which announced the acquisition of Thyrocare Technologies. It is a trendsetter with an unlisted new unicorn buying an offline legacy business. Many such deals are in the work right now. Sanjeev Bhikchandani, founder and executive VC of Info Edge; Manisha Girotra, CEO of Moelis India; and Yogesh Singh, Partner & Co-Head - Corporate Practice at Trilegal discussed this further.
For the full interview, watch the accompanying video.

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