CCI approves proposed acquisition of “certain stake" in Bundl Technologies (Swiggy) by SoftBank Group-owned SVF II Songbird
The Competition Commission of India (CCI) today approved the proposed acquisition of certain stake in Bundl Technologies (Swiggy) by SVF II Songbird, which is a Softbank Group company. The announcement was made on the Official Twitter handle of the competition watchdog
The approval was granted under Regulation 13(1A) of the CCI (Procedure in regard to the Transaction of Business relating to combinations Regulations, 2011)