M&A Deal Summary

Carthero Technologies Pvt. Acquires TinyOwl Technology Pvt.

On June 4, 2016, Carthero Technologies Pvt. acquired internet software and services company TinyOwl Technology Pvt.

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

M&A Deal Summary

Date 2016-06-04
Target TinyOwl Technology Pvt.
Sector Internet Software and Services
Buyer(s) Carthero Technologies Pvt.
Deal Type Add-on Acquisition

Target

TinyOwl Technology Pvt.

Mumbai, India
TinyOwl Technology Pvt. Ltd. is an online platform that enables users to order food from favorite restaurants and receive delivery service.

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Buyer(S) 1

Buyer

Carthero Technologies Pvt.

Bengaluru, India

Category Company
Founded 2015
Sector Internet Software and Services
DESCRIPTION

Runnr is an online portal that offers users with hyperlocal logistics services. Runnr is an on demand food ordering platform that brings you food from restaurants near your location. As a B2B platform with the aim of building India's largest fleet of on demand delivery drivers. A hyper-local logistics service with headquarters in Bangalore, India.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: India M&A 1 of 1
Year: 2016 M&A 1 of 1