Introduction to management(Mergers, Strategic Alliance)

Merger, Demerger, Strategic Alliance

1. Vodafone India And ICICI Bank   The partnership between Vodafone India and ICICI Bank is a prominent strategic alliance example. The two organizations joined forces to launch m- pesa , a mobile money transfer and payments service that helps customers access a wide range of offerings, including cash deposit and withdrawal, money transfer and mobile recharge. ICICI Bank gained access to Vodafone India’s extensive market reach. At the same time, Vodafone India utilized ICICI Bank’s technological innovation in banking to deliver a unique offering to its customers in the form of secure financial transactions.

2. A strategic alliance is a legal agreement between two or more companies, which commit resources to achieve a common set of goals.

3. Unlimited Liability Joint Liability Limited Liability Perpetual Succession LLP ACT 2008