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M&A Deal Summary

ANI Technologies Pvt. Acquires Ridlr

On April 4, 2018, ANI Technologies Pvt. acquired internet software and services company Ridlr

Acquisition Highlights
  • This is ANI Technologies Pvt.’s 3rd transaction in the Internet Software and Services sector.
  • This is ANI Technologies Pvt.’s 5th transaction in India.

M&A Deal Summary
Date 2018-04-04
Target Ridlr
Sector Internet Software and Services
Buyer(s) ANI Technologies Pvt.
Deal Type Add-on Acquisition

Target

Ridlr

Mumbai, India
Ridlr is an end-to- end public transport ticketing and commuting app. Ridlr was established in 2010 and is based in Mumbai, India.

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Buyer(S) 1

Buyer

ANI Technologies Pvt.

Mumbai, India
Category Company
Founded 2011
Sector Internet Software and Services
DESCRIPTION

ANI Technologies Pvt. Ltd. (dba Ola) is a mobile application for personal transportation, integrating city transportation for customers and drivers onto a technology platform.

DEAL STATS #
Overall 5 of 5
Sector: Internet Software and Services M&A 3 of 3
Type: Add-on Acquisition M&A Deals 5 of 5
Country: India M&A 5 of 5
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-21 Qarth Technologies Pvt.

Chennai, India

Qarth Technologies Pvt. Ltd. is a multi bank IMPS mobile payment application that enable individuals and merchants to make retail payments.

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