Add-on Acquisition • Internet Software and Services

ClearTax Acquires TOOTL

On April 12, 2018, ClearTax acquired internet software and services company TOOTL

Acquisition Context

This is ClearTax’s 1st transaction in the Internet Software and Services sector.
This is ClearTax’s 1st transaction in India.

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M&A Deal Summary
Date	April 12, 2018
Target	TOOTL
Sector	Internet Software and Services
Buyer(s)	ClearTax
Deal Type	Add-on Acquisition

Target Company

TOOTL

Bangalore, India

Greeblu Enterprises Pvt. Ltd. is an app that helps to personalize content. Greeblu Enterprises Pvt. Ltd. is based in Bangalore, India.

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Buyer Overview 1

Buyer

ClearTax

New Delhi, India

Category	Company
Founded	2011
Sector	Internet Software and Services

DESCRIPTION

Defmacro Software Pvt. Ltd. is a provider of taxation & financial solutions to individuals, businesses, organizations & chartered accountants. Defmacro Software Pvt. Ltd. was established in 2011 and is based in New Delhi, India.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Internet Software and Services	1 of 1
Type: Add-on Acquisition	1 of 1
Country: India	1 of 1
Year: 2018	1 of 1

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