6 Acquisitions of Companies in Bangalore

January 15, 2023
Acquisitions Hub

M&A activity has seen a steady increase across the globe over the past decade, especially in Bangalore. Startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 6 acquisitions that took place in Bangalore .

Saankhya Labs acquired by Tejas Networks India

Details about the transaction:

Acquisition amount:

$37,458,387

Announcement:

1 March 2022

Details about the company:

Bangalore, India-based Saankhya Labs is a privately held Fabless semiconductor firm.

Headquarter:

Bangalore, Karnataka, India

Where to find them:

Industry:

Consumer Electronics, Electronics, Software

Details about the buyer:

Tejas Networks supplies optical networking components and services to international and Indian telecom networks.

Headquarter:

Bangalore, Karnataka, India

Where to find them:

Uvik Technologies acquired by Infibeam Avenues Limited

Details about the transaction:

Acquisition amount:

$9,894,270

Announcement:

1 March 2022

Details about the company:

Your smartphone is converted into a certified, secure PoS by Uvik Technologies.

Headquarter:

Bangalore, Karnataka, India

Where to find them:

Industry:

Financial Services, FinTech

Details about the buyer:

Indian multinational financial technology company Infibeam Avenues Limited

Headquarter:

Gandhinagar, Gujarat, India

Where to find them:

Vardhman Health Specialties acquired by Aknamed

Details about the transaction:

Acquisition amount:

$34,142,114

Announcement:

19 May 2021

Details about the company:

Hospitals can obtain speciality items from Vardhman Health Specialties in the fields of cancer, immunotherapy, and virology.

Headquarter:

Bangalore, Karnataka, India

Where to find them:

Industry:

Health Care, Hospital, Therapeutics

Details about the buyer:

The Indian healthcare supply chain is being streamlined by Aknamed.

Headquarter:

Bengaluru, Karnataka, India

Where to find them:

WizKlub acquired by Infinity Learn

Details about the transaction:

Acquisition amount:

$10,000,000

Announcement:

25 May 2022

Details about the company:

Wizklub created a special technique for fostering and fostering children's higher order thinking skills.

Headquarter:

Bangalore, Karnataka, India

Where to find them:

Industry:

EdTech, Education, Higher Education

Details about the buyer:

Leading EdTech company Infinity Learn offers online tutoring for students.

Headquarter:

Hyderabad, Andhra Pradesh, India

Where to find them:

Asteria Aerospace acquired by Reliance Industries

Details about the transaction:

Acquisition amount:

$3,270,641

Announcement:

13 December 2019

Details about the company:

Robotics and artificial intelligence are the focus of Asteria Aerospace.

Headquarter:

Bangalore, Karnataka, India

Where to find them:

Industry:

Aerospace, Artificial Intelligence

Details about the buyer:

Reliance Industries works in the petrochemical, textile, retail, and energy industries.

Headquarter:

Mumbai, Maharashtra, India

Where to find them:

Omuni (Arvind Internet) acquired by Shiprocket

Details about the transaction:

Acquisition amount:

$25,045,037

Announcement:

19 July 2022

Details about the company:

Omuni offers cutting-edge and simple-to-integrate omnichannel solutions for physical businesses, online marketplaces, social media platforms, and blogs.

Headquarter:

Bangalore, Karnataka, India

Where to find them:

Industry:

E-Commerce, Professional Services, Retail

Details about the buyer:

Direct-to-consumer companies may send their products at a low cost thanks to the Shiprocket e-commerce shipping platform.

Headquarter:

New Delhi, Delhi, India

Where to find them: