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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

FRIDAY, 7 JUNE 2024·Primary source →

The Competition Commission of India (CCI) approved a proposed combination of several entities, including Jumbotail Technologies and Standard Chartered Research and Technology India.

The transaction involves Jumbotail acquiring SCRTIPL, which operates 'Solv', an online B2B platform for MSMEs. CCI's decision underscores its role in regulating mergers to maintain market competition.

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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 — UPSC CA 7 Jun 2024 | PYQLabs | PYQLabs