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Most Eminent Startup Acquisitions in India in 2018

Author: Business Business85
by Business Business85
Posted: Dec 20, 2018

Top Startup Acquisitions In India was a great year for the Indian ecosystem to start work. From nearly 7,000 emerging companies in 2008 to more than 49,000 startups in 2018, the Indian startups system grew dramatically. In addition, there are more than 2,000 active investors currently active in India and 195+ VC & PE funds. Investments in emerging Indian companies have increased dramatically in the last four years. With the inclusion of Uyo Rooms at the Unicorn Club, India is now home to 26 Unicorn technology with a combined valuation of $ 73.49 billion.

This year a total of 118 acquisition deals were registered in the Indian ecosystem for start-up compared with 129 last year's biggest deal was the acquisition of Fleckart from Wal-Mart. More than 118 acquisitions, technology companies ranked as the maximum. As discussed earlier, Wal-Mart's $ 16 billion acquisition of a 77% stake in Flickrart was the largest acquisition of the year.

So, as we're about to enter in 2019, let's take a quick look at the Top 10 Startup Acquisitions in the Indian ecosystem to start up and that caught our attention.

  • 1 Wal-Mart acquires Fleckart

US retailer Wal-Mart has acquired a 77% stake in India's largest online retailer, Fleipart, for $ 16 billion. The deal was the world's largest e-commerce deal ever. The transaction also resulted in the largest exit for private and investment investors in India.

Although the deal resulted in the departure of founders Felipart Sachin Pansall and Benny Pansal, the deal helped Fleckart expand the US-based e-commerce war and the Amazon-based Mart-Amazon to India, which is expected to cost $ 200 billion in the market. 2026.

  • 2 Nut acquired from floating capital

Fintech SME lender Loyalty Capital Float Management Personal Finance and Knott purchased for $ 30 million in cash or a stock deal. Formerly owned by Pune's Thumbworks Technologies Pvt Ltd, Pune is a personal application of financial management, which saw 7 million downloads in India helping users manage their expenses automatically by tracking expenses, bank card payments, bill payments, and so forth. In a few clicks.

Top 10 Startup Acquisitions Capital Float has also used a credit rating model from Walnut, which captures data from alternative sources such as income and purchasing power, to expand credit lines for new customers.

  • 3 TongueStun acquired by Zomato

In early September this year, Zomato acquired a branch of the restaurants and catering offices in Bangalore-based TongueStun, reportedly worth $ 18 million. With this deal, Zuma took the first step in the B2B sector.

Zomato achieved another big deal this year by getting the TechEagle Unmanned Jet launched for an undisclosed amount to boost the delivery service. The company has also acquired Bangaluru based Hyperlocal delivery platform based in Runnr. Zomato has made more than 12 acquisitions so far and most of them have been made in 2015.

  • 4 Tapzo acquired by Amazon

The Amazon acquired Tapzo in late August this year to give impetus to the Amazon Payments payment platform. The acquisition of Amazon Bayes Tevzo is seen as a step to boost its digital payments business with payment services from Google Pay, Paytm, PhonePe, PhonePe, WhatsApp

Amazon.com has picked up Tabizo in a cash deal worth $ 30-40 million, according to two people familiar with the development. After the acquisition, Amazon fully integrated Tapzo with Amazon Pay, and will work in the backend.

  • 5 Mettl Bought by Mercer

The global human resources consulting firm Mercer acquired India's Metal Technology Company in October this year, an assessment of science-based talent and online assessment technology for an estimated Rs. 250 rupees. Mercer, a US-based company, is a wholly owned subsidiary of Marsh & McLennan and operates in more than 130 countries.

Mettl today assists more than 2,000 international companies, 24 sector skills councils and 15 educational institutions in more than 80 countries conducting online skills assessments for recruitment, training and development.

  • 6 HolaChef acquired from Foodpanda

Foodpanda, ordering food online, and starting delivery, owned by Ola, has acquired Mumbai-based Holachef Hospitality Pvt. Ltd. for $ 9.6 million. For Foodpanda, the acquisition was an attempt to test water in the cloud kitchen space, already explored by its biggest competitors, Swiggy and Zomato.

  • 7 Retail Zopper acquired by Phone Pe

Flipkart's Payments purchased Point-of-Sale (PoS) in Zopper, a huge mobile market for small and medium-sized businesses. The acquisition, part of a broader strategy to boost its online business, comes months after PhonePe launched its POS device for small traders.

Zopper's founder and CEO Neeraj Jain joined PhonePe, heading for his non-roaming business as part of a deal. PhonePe, which operates on the Unified Payments Interface (UPI) platform, competes with Paytm's largest competitor, Bhim, owned by India's National Payments Corporation (NPCI), and others in India's booming digital payments sector.

  • 8 Chillr acquired by Truecaller

Acquired Truecaller Chillr, a multi-bank payment application from India. While not disclosing the size of the deal, Troculer said that with the investment, you are getting a push into the Indian payment arena, where players such as Phonepe, WhatsApp and others are competing for a part of the lucrative market.

Founder of Chillr Sony Joy is now vice president of Truecaller Pay, which still has a long way to go to achieve its ambitious target of 25 million users by March 2019. This is also normal. Truecaller Pay currently only operates in India and is running 100,000 users on a daily basis at this time.

  • 9 TicketNew Received by Paytm

Paytm has taken over Paynet's Internet-based TicketNew, which is backed by Pati for an estimated $ 30 million to $ 40 million. Paytm, which entered into online ticketing in March 2016, claims it sold more than 52 million tickets last year through its platform.

  • 10 Ridlr acquired by Ola

Ola, the largest automaker in India, has bought Ridlr for transport information, looking to expand its nascent public transport business, which has become an important front in its fight with rival Uber.

About the Author

Starting How Can Startups Retain Their Best Employees articles a staff life can also be difficult because each deadline could lead to a company collapse. This means that many employees choose a more stable job with a former company.

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Author: Business Business85

Business Business85

Member since: Sep 16, 2018
Published articles: 39

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