Instamojo Acquihires Bengaluru-Based Virtual Theatre And Vernacular Content Platform Showman
Full-stack solutions platform for MSMEs Instamojo has announced its first-ever acquihire of Showman, a Bengaluru-based virtual theatre and vernacular content platform.
Speaking about the new development, Akash Gehani, Co-founder and COO of Instamojo, said,
“This acquihire will help Instamojo strengthen its product and tech prowess as we continue to innovate across multiple categories and achieve our vision of being the most trusted platform for MSMEs to start their business online.”
With this deal, Co-founder and CEO of Showman Kshitij Bhatawdekar will join Instamojo as a Product Manager, while Rutveez Roopam Rout, Co-founder and COO of Showman, will be joining as a User Research Manager.
Started in 2020, Showman is a virtual theatre that lets users watch movies on the same day of release anywhere across the world.
Kshitij Bhatawdekar, Co-founder of Showman, talked about joining the Instamojo team and said he and Rutveez are excited and looking forward to beginning this new phase.
“As an entertainment-focused platform, we have deep insights into the users of India. When we spoke to Instamojo, we realised our insights can drive real impact for the MSME space of India. Both Rutveez and I are excited and looking forward to beginning this new phase of our journey with Instamojo.”
HQ in Bangalore, Instamojo is a full-stack transactional platform aimed at bringing small business online. With over 500,000+ sellers on its platform, Instamojo is now well set on a path to become a “Growth Gateway” that puts every business in its ecosystem on a fast-track growth path by providing meaningful connections, useful tools & services & relevant content.
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