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  5. Blinkit Acquires Whitekoala Technology Pvt.

M&A Deal Summary

Blinkit Acquires Whitekoala Technology Pvt.

On October 27, 2015, Blinkit acquired internet software and services company Whitekoala Technology Pvt.

Acquisition Highlights
  • This is Blinkit’s 1st transaction in the Internet Software and Services sector.
  • This is Blinkit’s 1st transaction in India.

M&A Deal Summary
Date 2015-10-27
Target Whitekoala Technology Pvt.
Sector Internet Software and Services
Buyer(s) Blinkit
Deal Type Add-on Acquisition

Target

Whitekoala Technology Pvt.

Bangalore, India
Whitekoala Technology Pvt. Ltd. (Townrush) is a provider of cloud bases platform for logistics support to customers.

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Buyer(S) 1

Buyer

Blinkit

Gurgaon, India
Category Company
Founded 2013
Sector Internet Software and Services
DESCRIPTION

Blinkit is a local e-commerce mobile platform that is transforming the shopping experience of consumers by connecting them to local stores. Blinkit was founded in 2013 and is based in Gurgaon, India.

DEAL STATS #
Overall 1 of 2
Sector: Internet Software and Services M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 2
Country: India M&A 1 of 2
Year: 2015 M&A 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-28 SpoonJoy

Bengaluru, India

SpoonJoy is a provider of food delivery app.

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