CCI approves the proposed combination involving Jumbotail Technologies Pvt. Ltd. (JTPL), Standard Chartered Research and Technology India Pvt. Ltd. (SCRTIPL), SC Ventures Holdings Limited (SC Ventures), Solv-India Pte. Ltd. (Solv-India), SCV Master Holding Company Pte. Ltd. (SCV Master), Artal Asia Pte Ltd. (Artal Asia), and founders of JTPL, namely Mr. Subramanian Karthik Venkateswaran and Mr. Ashish Jhina https://www.taxtmi.com/news?id=44925 Approval is granted for a proposed combination where JTPL will acquire 100% of SCRTIPL and issue and subscribe shares to SC Ventures, Solv-India, SCV Master, Artal Asia and founders, creating new investor and holding relationships; JTPL operates an online wholesale marketplace and SCRTIPL operates the Solv B2B platform, while several investor and holding entities have indirect or no direct business activity in India and founders will backstop certain investment obligations. en-us Wed, 28 May 2025 10:09:24 +0530 Wed, 28 May 2025 10:09:24 +0530 TaxTMI RSS Generator CCI approves the proposed combination involving Jumbotail Technologies Pvt. Ltd. (JTPL), Standard Chartered Research and Technology India Pvt. Ltd. (SCRTIPL), SC Ventures Holdings Limited (SC Ventures), Solv-India Pte. Ltd. (Solv-India), SCV Master Holding Company Pte. Ltd. (SCV Master), Artal Asia Pte Ltd. (Artal Asia), and founders of JTPL, namely Mr. Subramanian Karthik Venkateswaran and Mr. Ashish Jhina https://www.taxtmi.com/news?id=44925 Approval is granted for a proposed combination where JTPL will acquire 100% of SCRTIPL and issue and subscribe shares to SC Ventures, Solv-India, SCV Master, Artal Asia and founders, creating new investor and holding relationships; JTPL operates an online wholesale marketplace and SCRTIPL operates the Solv B2B platform, while several investor and holding entities have indirect or no direct business activity in India and founders will backstop certain investment obligations. News - Wed, 28 May 2025 10:09:24 +0530 https://www.taxtmi.com/news?id=44925