DotPe Acquires Bangalore-based PoS Startup Rista
DotPe, a Gurugram-based online-to-offline commerce platform, has acquired Bangalore-based point-of-sale (PoS) startup Rista in an all-cash deal. With this acquisition, DotPe has entered into the PoS segment and strengthens its bouquet of offerings to offline merchants. As part of the deal, Rista will continue to work as a standalone business […]
Nazara Technologies Acquires Skill-based Gaming Platform OpenPlay
Nazara Technologies, a gaming and sports media platform, has acquired Hyderabad-based skill-based gaming company OpenPlay for about Rs 186 crore. As per the regulatory filing, Mumbai-based Nazara will acquire a 23.30% stake in OpenPlay for INR 43.43 Cr by the end of Q2 of FY 2021-22 and will complete the […]
IPO-bound Delhivery Acquires Bengaluru-based Spoton Logistics
Gurugram-based Delhivery has acquired Bengaluru-based Spoton Logistics for an undisclosed amount to strengthen its existing B2B capabilities. As part of the transaction, Samara Capital and Xponentia, which together acquired Spoton from India Equity Partners in 2018, are making a full exit for cash. Speaking on the development, Sahil Barua, CEO […]
Pravin Jadhav’s Raise Financial Services Acquires Moneylicious Securities
Raise Financial Services, a startup founded by Serial entrepreneur Pravin Jadhav, has acquired Mumbai-based stock broker Moneylicious Securities. Post the acquisition, Moneylicious Securities will now operate as a fully-owned subsidiary of Raise. Also, Raise Financial Services will absorb Moneylicious’s 15 member team while appointing its founder and chief executive Jayprakash […]
BYJU’S Acquires Bengaluru-based AR Startup Whodat
Edtech giant BYJU’S has acquired Bengaluru-based computer vision and AR startup Whodat for an undisclosed sum, taking the total number of its acquisitions this year to seven. Following the transaction, early investor Ideaspring Capital, which had put in $600,000 in the company at the seed stage, will fully exit from […]
Edtech Startup Imarticus Learning Acquires Eckovation
Mumbai-based edtech startup Imarticus Learning has acquired Eckovation, a Delhi-based social learning platform, for an undisclosed amount. This is the first acquisition by Imarticus Learning, and through this deal, the Mumbai-based edtech startup aims to bring in synergies through enhanced new-age career-focused offerings in the space of cybersecurity, supply chain […]
FMCG Major Marico Acquires Majority Stake In Apcos Naturals That Owns Just Herbs
Corporate venturing has become a trend nowadays, and corporate giants are investing heavily in new-age companies and startups. Making its moves, Marico Ltd, an FMCG Major, has acquired a 60% stake in Apcos Naturals, which owns the Ayurvedic beauty brand ‘Just Herbs’. Just Herbs offers Ayurvedic skin and hair care products […]
Animation Workflow Platform ‘LottieFiles’ Acquires Design Asset Marketplace ‘Iconscout’
Animation workflow platform LottieFiles has acquired Surat-based design asset marketplace Iconscout for an undisclosed amount. Post the acquisition deal, Iconscout will continue to thrive and operate as an independent platform for curated, premium design assets. Started by Varun Trivedi and Tarun Mangukiya in 2016, Iconscout offers ready-to-use high-quality Icons, Illustrations […]
Retail-Tech Startup ‘NutriTap’ Acquires ‘Pikobox’ For An Undisclosed Amount
Gurugram-based retail-tech startup NutriTap Technologies has announced that it acquired Pikobox’s business for an undisclosed amount. NutriTap Technologies is building a data-driven and asset-light, D2C retail channel, and the acquisition of Pikobox will help Gurugram-based retail-tech startup expand its operations in South India. Started by Rajesh Kumar and Priyank Tewari, […]
Mumbai Based Fintech ‘Eduvanz’ Acquires Edtech Startup ‘Klarity’
Mumbai-based fintech non-banking finance company (NBFC) Eduvanz has acquired edtech startup Klarity. Backed by Sequoia and Unitus Ventures, Eduvanz enables students to Study Now, Pay Later at 0% interest rates. On the other hand, Klarity is an online one-on-one platform that connects students with professionals in their area of interest […]