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Jumbotail-Standard Chartered investment deal receives Indian clearance

( May 28, 2025, 07:15 GMT | Official Statement) -- MLex Summary: Jumbotail Technologies' acquisition of Standard Chartered Research and Technology India, the operator of the Solv B2B platform, has received merger clearance from the Indian antitrust watchdog. The complex transaction involving Jumbotail taking 100 percent control of Solv, a platform known for facilitating digital B2B transactions and offering services like credit and payment processing for micro, small and medium enterprises, received approval from the Competition Commission of India, according to a statement issued on Tuesday. The CCI said that a detailed order will follow. Statement from the Competition Commission of India follows: ...

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