6 Acquisitions of Companies in Hyderabad

January 15, 2023
Acquisitions Hub

M&A activity has seen a steady increase across the globe over the past decade, especially in Hyderabad. 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 Hyderabad .

INSOFE acquired by UpGrad

Details about the transaction:

Acquisition amount:

$33,000,000

Announcement:

2 May 2022

Details about the company:

An educational company called INSOFE specializes in offering courses on data and analytics.

Headquarter:

Hyderabad, Andhra Pradesh, India

Where to find them:

Industry:

Big Data, EdTech, Education, Predictive Analytics

Details about the buyer:

A portal for higher education online called UpGrad offers a variety of courses.

Headquarter:

Mumbai, Maharashtra, India

Where to find them:

Payswiff acquired by Cholamandalam

Details about the transaction:

Acquisition amount:

$60,305,596

Announcement:

18 January 2022

Details about the company:

The top omni channel transactions solution provider for small, medium, and big businesses in India is PaySwiff.

Headquarter:

Hyderabad, Andhra Pradesh, India

Where to find them:

Industry:

E-Commerce, Financial Services, FinTech, Mobile, Mobile Payments, Point of Sale, Software

Details about the buyer:

A variety of assurance plans are offered by the Indian insurance company Cholamandalam to both corporate and private clients.

Headquarter:

Chennai, Tamil Nadu, India

Where to find them:

Zenotech Laboratories acquired by Sun Pharma

Details about the transaction:

Acquisition amount:

$13,331,566

Announcement:

28 July 2017

Details about the company:

Pharmaceutical firm Zenotech Laboratories Ltd is mostly situated in India.

Headquarter:

Hyderabad, Andhra Pradesh, India

Where to find them:

Industry:

Manufacturing, Pharmaceutical

Details about the buyer:

The multinational, integrated, specialized pharmaceutical company Sun Pharma (Reuters: SUN.BO; Bloomberg: SUNP IN; NSE: SUNPHARMA; BSE: 524715) was founded in 1997.

Headquarter:

Mumbai, Maharashtra, India

Where to find them:

Equiphunt acquired by Infra.Market

Details about the transaction:

Acquisition amount:

$10,000,000

Announcement:

30 May 2021

Details about the company:

Your one-stop shop for all of your equipment requirements is Equiphunt.

Headquarter:

Hyderabad, Andhra Pradesh, India

Where to find them:

Industry:

Construction, Real Estate

Details about the buyer:

Using innovation and technology, we are re-constructing the future of construction

Headquarter:

Thane, Maharashtra, India

Where to find them:

RoundSqr acquired by Cigniti Technologies

Details about the transaction:

Acquisition amount:

$4,800,000

Announcement:

4 May 2022

Details about the company:

Solutions supplier provides cognitive platform for managing the lifespan of computer vision, offshore services, and digital consulting (AI/ML).

Headquarter:

Hyderabad, Andhra Pradesh, India

Where to find them:

Industry:

Artificial Intelligence, Consulting, Education, Information Technology, Internet, Software

Details about the buyer:

Company offering impartial testing services

Headquarter:

Irving, Texas, United States

Where to find them:

Whizzard acquired by Mahindra Logistics

Details about the transaction:

Acquisition amount:

$9,563,652

Announcement:

28 February 2022

Details about the company:

Whizzard runs an intra-city delivery network for last-mile supplies and digital commerce.

Headquarter:

Hyderabad, Andhra Pradesh, India

Where to find them:

Industry:

Transportation

Details about the buyer:

solutions for corporate personnel transportation and supply chain management.

Headquarter:

Mumbai, Maharashtra, India

Where to find them: