M&A Deal Summary

MagicTiger Acquires ZoyoAI

On October 28, 2015, MagicTiger acquired internet software and services company ZoyoAI

Acquisition Highlights
  • This is MagicTiger’s 2nd transaction in the Internet Software and Services sector.
  • This is MagicTiger’s 1st transaction in the United States.

M&A Deal Summary
Date 2015-10-28
Target ZoyoAI
Sector Internet Software and Services
Buyer(s) MagicTiger
Deal Type Add-on Acquisition

Target

ZoyoAI

United States
website
ZoyoAI is a provider artificial intelligence-powered shopping platform.

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Buyer(S) 1

Buyer

MagicTiger

Bengaluru, India

website

Category Company
Sector Internet Software and Services
DESCRIPTION

MagicTiger is a messaging platform which strives to provide you with whatever you want at your doorstep.

DEAL STATS #
Overall 2 of 3
Sector (Internet Software and Services) 2 of 2
Type (Add-on Acquisition) 2 of 3
Country (United States) 1 of 1
Year (2015) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-23 Go Deliver

Bangalore, India

Go Deliver is a platform that allows user to order selected things through SMS and FaceBook Chat.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-03 Instano

Bangalore, India

Instano is a B2C ecommerce app offering on-demand delivery of services over chat.

Buy -
Mergr

Product

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