Swych has completed the acquisition of GCI Network (GiftCardsIndia) for an undisclosed sum.

Both the companies involved in the acquisition are based in India.

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The transaction allows Swych to extend its gifting and loyalty market presence in South Asia.

Infibeam Incorporation has entered an agreement with Jasper Infotech (Snapdeal.com) to acquire the entire share capital of Unicommerce Esolutions for Rs1.2bn ($17.92m).

The purchase consideration will be paid through the issuance of optionally convertible debenture(s), which can either be redeemed or converted into equity shares.

Infibeam is an online seller of electronics, lifestyle and media products, whereas Unicommerce Esolutions provides order fulfilment software.

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All the companies involved in the acquisition are based in India.

“The transaction allows Swych to extend its gifting and loyalty market presence in South Asia.”

Delta Galil Industries has agreed to acquire Eminence for an undisclosed sum.

Established in 1975, Delta Galil is an apparel products manufacturer and retailer based in Israel.

Based in France, Eminence is a manufacturer and marketer of undergarments for men and women.

The acquisition will allow Delta Galil Industries to develop its business and expand its market share in Europe.

Oncost Cash and Carry has entered an agreement to acquire a 100% stake in Gulfmart for an undisclosed sum.

Oncost Cash and Carry operates a membership-based wholesale retail store, while Gulfmart owns a supermarket chain.

The acquisition will enable Oncost Cash & Carry to expand its business across Kuwait.

Both the companies involved in the acquisition are based in Kuwait.

Meridia Capital Partners SGEIC (doing business as Meridia Private Equity) has completed the acquisition of a minority stake in Porteromania (operating as Futbol Emotion).

Meridia Capital Partners is a private equity firm, whereas Porteromania is an online football store that sells boots, gloves and shin pads.

Both the firms involved in the transaction are based in Spain.

Alibaba Group Holding Limited has completed the acquisition of the entire share capital of Jade E Services Pakistan (Pvt) Limited (Daraz.pk).

Founded in 1999, Alibaba is a Chinese online and mobile commerce company, while Daraz.pk is an online shopping platform based in Pakistan.

Daraz.pk is the retail unit of European internet services provider, Rocket Internet SE.