Add-on Acquisition • Consumer Services

ANI Technologies Pvt. Acquires Serendipity Infolabs Pvt.

On March 2, 2015, ANI Technologies Pvt. acquired consumer services company Serendipity Infolabs Pvt. for 200M USD

Acquisition Context
  • This is ANI Technologies Pvt.’s 1st transaction in the Consumer Services sector.
  • This is ANI Technologies Pvt.’s largest (disclosed) transaction.
  • This is ANI Technologies Pvt.’s 1st transaction in India.

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M&A Deal Summary

Date March 2, 2015
Target Serendipity Infolabs Pvt.
Sector Consumer Services
Buyer(s) ANI Technologies Pvt.
Deal Type Add-on Acquisition
Deal Value 200M USD
Advisor(s) Avendus (Financial)

Target Company

Serendipity Infolabs Pvt.

Agra, India
Serendipity Infolabs Pvt. Ltd. (dba TaxiForSure) provide cab services in india.
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Buyer Overview 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 Context for Buyer #
Overall 1 of 5
Sector: Consumer Services 1 of 1
Type: Add-on Acquisition 1 of 5
Country: India 1 of 5
Year: 2015 1 of 3
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-08 Zipcash Card Services Pvt.

Mumbai, India

Zipcash Card Services Pvt. Ltd. is a mobile voucher loaded on mobile phone, which can be used for shopping online, paying your utility bills, buying prepaid mobile talktime/ DTH recharges, buying mVouchers for other Retailers and as well as for various exciting deals & offers.

Buy -