2 Acquisitions of Companies in Andheri

January 15, 2023
Acquisitions Hub

M&A activity has seen a steady increase across the globe over the past decade, especially in Andheri. 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 2 acquisitions that took place in Andheri .

Indus OS acquired by PhonePe

Details about the transaction:

Acquisition amount:

$60,000,000

Announcement:

29 July 2022

Details about the company:

A smartphone platform called Indus OS enables consumers, OEMs, and app developers to find content and apps.

Headquarter:

Andheri, Maharashtra, India

Where to find them:

Industry:

Information Services, Information Technology, Internet, Software

Details about the buyer:

A mobile payment tool called PhonePe enables consumers to send money instantaneously.

Headquarter:

Andheri, Maharashtra, India

Where to find them:

BBlunt acquired by Mamaearth

Details about the transaction:

Acquisition amount:

$17,836,935

Announcement:

14 February 2022

Details about the company:

Hair dyes, shampoos, conditioners, style aids, serums, dry shampoos, and temporary hair colors are among the goods offered by BBlunt.

Headquarter:

Andheri, Maharashtra, India

Where to find them:

Industry:

Consumer Goods, Fitness, Health Care, Wellness

Details about the buyer:

A personal care company called Mamaearth focuses on infant and toddler items.

Headquarter:

Gurgaon, Haryana, India

Where to find them: