Bengaluru-Based Startup ‘Ohm Mobility’ Acquires ‘CloudNBFC’
Ohm Mobility, a Bengaluru-based fintech and clean transportation startup, has acquired CloudNBFC, a Nagpur-based company that develops loan management systems for financiers. Founded in February 2020 by Nikhil Nair, Ohm Mobility is an early-stage FinTech and Mobility startup. The startup is part of the ‘Microsoft for Startups’ accelerator program and […]
Cure.Fit Makes Second Acquisition In 2021, Acquires ‘Fitternity’
Cure.fit, a fitness startup, has announced the acquisition of Bengaluru-based fitness aggregator platform, Fitternity. The value of the deal was not disclosed, but post this acquisition, Fitternity will continue to operate independently. With a collective user base of three million users, Cure.fit and Fitternity will together empower more than 5000 […]
Foodtech Giant Zomato Acquires Full-Stack Sports Platform Fitso
Foodtech giant Zomato has acquired 100% stake in full-stack sports platform Fitso via cash-and-equity deal, worth about 800 million rupees (US$11 million) to 1 billion rupees (US$13.7 million). Reported by entrackr, this is the first acquisition by Zomato after UberEats was bought by the startup in January 2020. As per […]
Bengaluru Based Startup ‘AutoBrix’ Acquires AI-Based Auto Service Company ‘Cartisan’
AutoBrix, a car-care service startup, has acquired Xenon Automotive-owned company, Cartisan. With this acquisition deal, AutoBrix entered the car periodic maintenance, and repairs business, allowing it to offer doorstep car services to its customers. Also, as per the deal, Venkat Sreeram (Cartisan founder) will be joining AutoBrix as an advisor. […]
Beauty Platform ‘MyGlamm’ Acquires Women-Centric Digital Community Platform ‘POPxo’
Mumbai-based beauty brand MyGlamm has acquired POPxo, a Gurugram-based women-centric digital community platform, for an undisclosed amount. With this acquisition deal, Priyanka Gill, Founder & CEO of POPxo, will join MyGlamm as a co-founder.Also, POPxo will continue to create women-centric content across platforms along with its influencer marketing platform, Plixxo. […]
Fintech Startup ‘Niyo’ Acquires Direct Mutual Fund Investment Online Platform ‘Goalwise’
Bengaluru-based fintech startup Niyo has acquired direct mutual fund investment online platform Goalwise. This acquisition of Goalwise by Niyo has been done to expand its product offering to millennials. Niyo co-founders Vinay Bagri and Virender Bisht have picked up majority stakes in the startup, along with Niyo, in a cash-and-stock […]
Mumbai Based Gaming Startup ‘Nazara Technologies’ Acquires ‘Paper Boat Apps’
Mumbai-based gaming startup Nazara Technologies has acquired a majority stake in Paper Boat Apps. As per reports, Nazara has acquired 51 percent of Paper Boat Apps, issuing shares worth Rs 43 crore (a part of the Rs 83 crore deal) as a part of its final tranche of the acquisition. […]
Unacademy Aims For EdTech Dominance, Acquires Majority Stake In EdTech Startup ‘Mastree’
Edtech Startup Unacademy has invested $5 million to acquire a majority stake in Mastree, a leading K12 learning platform. This is the third acquisition made by Unacademy in 4 weeks and this strategic investment will further strengthen Unacademy’s presence in the K12 education space.These recent investments and acquisitions made by […]