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  5. Elanic Services Pvt. Acquires SecondCry

M&A Deal Summary

Elanic Services Pvt. Acquires SecondCry

On July 21, 2017, Elanic Services Pvt. acquired internet software and services company SecondCry

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

M&A Deal Summary
Date 2017-07-21
Target SecondCry
Sector Internet Software and Services
Buyer(s) Elanic Services Pvt.
Deal Type Add-on Acquisition

Target

SecondCry

Bengaluru, India
SecondCry is an online marketplace that allows parents to buy, sell and donate pre-owned toys and apparels for children. SecondCry was established in 2016 and is headquartered in Bengaluru, India.

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Buyer(S) 1

Buyer

Elanic Services Pvt.

Bangalore, India
Category Company
Founded 2014
Sector Internet Software and Services
DESCRIPTION

Elanic Services Pvt. Ltd. is a pre-owned, online marketplace catering to nearly 1 Million buyers and sellers. Elanic Services Pvt. Ltd. was established in 2014 and is headquartered 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: 2017 M&A 1 of 1
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