Acquisition History / Fidelity Funds (Variable Insurance Products Fund III and related schemes) / Valuedrive Technologies Private Limited
Fidelity Funds (Variable Insurance Products Fund III and related schemes) Acquires Valuedrive Technologies Private Limited
Announced January 2025 — Price not disclosed (CCI combination order)
What happened
Automotive technology and services business Acquired through Fidelity Funds (Variable Insurance Products Fund III and related schemes), a vehicle of Fidelity Management & Research Company LLC; Fidelity Investments Canada ULC; Fidelity Management Trust Company. Source: https://www.cci.gov.in/images/summaryorders/en/summary1765973341.pdf
- Target
- Valuedrive Technologies Private Limited
- Announced
- January 2025
- Price
- Price not disclosed (CCI combination order)
- Industry
- Automotive technology
- Buyer type
- Private equity
- Fund vehicle
- Fidelity Funds (Variable Insurance Products Fund III and related schemes)
- Backing investors
- Fidelity Management & Research Company LLC, Fidelity Investments Canada ULC, Fidelity Management Trust Company
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Fidelity Funds (Variable Insurance Products Fund III and related schemes) acquire Valuedrive Technologies Private Limited?
Fidelity Funds (Variable Insurance Products Fund III and related schemes) acquired Valuedrive Technologies Private Limited on January 2025. This was Fidelity Funds (Variable Insurance Products Fund III and related schemes)'s 1st publicly tracked acquisition out of 1 we have on record.
How much did Fidelity Funds (Variable Insurance Products Fund III and related schemes) pay for Valuedrive Technologies Private Limited?
Fidelity Funds (Variable Insurance Products Fund III and related schemes) paid Price not disclosed (CCI combination order) for Valuedrive Technologies Private Limited.
What does Valuedrive Technologies Private Limited do?
Automotive technology and services business Acquired through Fidelity Funds (Variable Insurance Products Fund III and related schemes), a vehicle of Fidelity Management & Research Company LLC; Fidelity Investments Canada ULC; Fidelity Management Trust Company. Source: https://www.cci.gov.in/images/summaryorders/en/summary1765973341.pdf
What other Automotive technology companies has Fidelity Funds (Variable Insurance Products Fund III and related schemes) acquired?
Valuedrive Technologies Private Limited is Fidelity Funds (Variable Insurance Products Fund III and related schemes)'s only publicly tracked acquisition in Automotive technology so far.