M&A Deal Summary

Craftsvilla Handicrafts Pvt. Acquires CrazyMind Technologies Pvt.

On February 1, 2016, Craftsvilla Handicrafts Pvt. acquired internet software and services company CrazyMind Technologies Pvt. for 5M USD

Acquisition Highlights
  • This is Craftsvilla Handicrafts Pvt.’s 1st transaction in the Internet Software and Services sector.
  • This is Craftsvilla Handicrafts Pvt.’s largest (disclosed) transaction.
  • This is Craftsvilla Handicrafts Pvt.’s 1st transaction in India.

M&A Deal Summary
Date 2016-02-01
Target CrazyMind Technologies Pvt.
Sector Internet Software and Services
Buyer(s) Craftsvilla Handicrafts Pvt.
Deal Type Add-on Acquisition
Deal Value 5M USD

Target

CrazyMind Technologies Pvt.

Mumbai, India
website
Sendd is a mobile application that provides on demand shipping and courier services.

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Buyer(S) 1

Buyer

Craftsvilla Handicrafts Pvt.

Mumbai, India

website

Category Company
Founded 2011
Sector E-Commerce
DESCRIPTION

Craftsvilla Handicrafts Pvt. Ltd. is an online marketplace that enables users to shop for apparel, jewelry, bags, home decor, furnishing, paintings and organic products.

DEAL STATS #
Overall 1 of 3
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 3
Country (India) 1 of 3
Year (2016) 1 of 3
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-26 Arthazauca Ventures Pvt.

Banglore, India

Place Of Origin is an online gourmet food marketplace.

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Mergr

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