Add-on Acquisition • Internet Software and Services

eBay Acquires Baazee.com India Pvt.

On June 23, 2004, eBay acquired internet software and services company Baazee.com India Pvt. from ChrysCapital for 50M USD

Acquisition Context
  • This is eBay’s 10th transaction in the Internet Software and Services sector.
  • This is eBay’s 20th largest (disclosed) transaction.
  • This is eBay’s 1st transaction in India.

Explore All 10209 Add-on Acquisition Internet Software and Services Deals - Search the Database Free


M&A Deal Summary

Date June 23, 2004
Target Baazee.com India Pvt.
Sector Internet Software and Services
Buyer(s) eBay
Sellers(s) ChrysCapital
Deal Type Add-on Acquisition
Deal Value 50M USD

Target Company

Baazee.com India Pvt.

Mumbai, India
Baazee.com India Pvt. Ltd is a subsidiary of Delaware based Baazee.com, Inc., and started its operations in India in January 2000. Headquartered in Mumbai, Baazee is India's biggest marketplace where anyone can sell or buy almost anything. Baazee has a strong and growing community of 1 million confirmed registered users who trade in a wide range of thousands of item categories including Electronics, Cameras, Phones, Computers, Movies, Mobiles, Fashion, Music, Home, Toys and Travel. Through a world class technology infrastructure Baazee enables & simplifies e-commerce for India's burgeoning online community.
Explore More Deals

Browse All 215,130 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

eBay

San Jose, California, United States

Category Company
Founded 1995
Sector Internet Software and Services
Employees11,500
Revenue 10.3B USD (2024)
DESCRIPTION
Entrance to eBay's corporate headquarters in San Jose, California.
Entrance to eBay's corporate headquarters in San Jose, California.

eBay is an online retailer and provider of auction tools and services. eBay enables global commerce and payments on behalf of users, merchants, retailers and brands of all sizes. The technologies and services eBay provides are designed to enable users and merchants worldwide to organize and offer their inventory for sale and buyers to find, buy and pay for it virtually anytime and anywhere. eBay was founded in 1995 and is based in San Jose, California.


Deal Context for Buyer #
Overall 12 of 70
Sector: Internet Software and Services 10 of 49
Type: Add-on Acquisition 10 of 60
Country: India 1 of 1
Year: 2004 2 of 4
Size (of disclosed) 20 of 22
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-04-15 mobile.de

Kleinmachnow, Germany

mobile.de GmbH is a provider of online marketplace for buying and selling vehicles in Europe.

Buy $121M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-08-13 Craigslist

San Francisco, California, United States

Craigslist is a web-base classifieds site with categories spanning personals to autos, apartments, and jobs.

Buy -

Seller Profile 1

SELLER

ChrysCapital

Port Louis, Mauritius

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1999
PE ASSETS 5.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

ChrysCapital Management Co. is a private investment firm focused on opportunities in India. ChrysCapital looks for companies with revenues of $50 million to $1 billion and can commit up to $250 million of equity per transaction. Target sectors include business services, consumer goods and services, financial services, healthcare and pharmaceuticals. Prospective transactions include growth investments in private and listed companies, special situations, co-investments, and management buyouts/buy-ins. ChrysCapital was formed in 1999 and is based in Port Louis, Mauritius.


Deal Context for Seller #
Overall 4 of 32
Sector: Internet Software and Services 1 of 1
Type: Add-on Acquisition 4 of 8
Country: India 4 of 27
Year: 2004 2 of 3
Size (of disclosed) 5 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-05-26 JobsAhead

India

JobsAhead is a leading online recruitment solutions provider in India.

Sell Rs40M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-07-15 Axis Bank

Mumbai, India

Axis Bank provides internet and personal banking services including accounts, cards, loans, and investment options to personals, corporates, and NRIs. Axis Bank was founded in 1993 and is based in Mumbai, Maharashtra.

Sell -