Image via Tech in Asia
Last updated
NTT Data: Ma Activity
NTT Data acquiring WinWire, a Microsoft partner specializing in Azure AI and cloud-native development with delivery centers in India
Source: Tech in Asia
The leadership read
Consolidation shifts the leadership question from growth to integration. For NTT Data in the sector, the demand moves toward transformation and integration leaders who can merge teams, systems and cultures without losing momentum. Across Asia, watch whether the integration is properly resourced; deals are won or lost the year after they close.
Market context: Backdrop: a 104.2 (Hot) Talent Market Index (down 1.8 on the month) with Asia activity steady (-1pts).
NTT Data: 3 signals in the last 90 days; 0.2% of MitchelLake's Asia signal flow; 3 tracked across 74 days.
Also at NTT Data →
More signals across Asia
Ma Activity · Asia
Nykaa →Nykaa's board approved acquisition of 51% stake in D2C skincare brand Aminu Wellness for ₹32 Cr. Aminu reported ₹19.4 Cr revenue in FY26 and manufactures cosmetics in-house.
Ma Activity · Asia
Maybank →Maybank agreed to acquire the remaining 30.95% stake in Maybank Ageas Holdings Bhd from Ageas Insurance International NV for RM4.83 billion, moving toward full ownership of the joint venture. Acquisition is subject to Bank Negara Malaysia approval.
Ma Activity · Asia
Zuellig Pharma →Zuellig Pharma acquired all rights, trademarks, marketing authorizations, and manufacturing know-how for Cialis® (Tadalafil) from Eli Lilly in Singapore, expanding ownership to 12 Asian markets. The acquisition includes both the ED and BPH indications.
Ma Activity · Asia
Capital Group →Capital Group acquired a 1.5% stake in IIFL Finance for ₹374.02 crore at ₹590 per share
“will be instrumental as we continue to expand in the region”
Ma Activity · Asia
Peak XV Partners →Peak XV Partners divested ₹139 Cr (~$16.7M USD) in Go Digit shares via block deal, marking the second major stake reduction in two months (₹100 Cr sold in June). This follows CCI approval of Go Digit Infoworks Services merger with Go Digit General Insurance.
Ma Activity · Asia
WestBridge →WestBridge Capital is considering a sale of its 40% stake in Star Health Insurance, having engaged financial advisers to evaluate the transaction.
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