M&A Deal Summary

Flipkart Acquires F1 Info Solutions & Services Pvt.

On September 26, 2017, Flipkart acquired consumer services company F1 Info Solutions & Services Pvt.

Acquisition Highlights
  • This is Flipkart’s 1st transaction in the Consumer Services sector.
  • This is Flipkart’s 4th transaction in India.

M&A Deal Summary

Date 2017-09-26
Target F1 Info Solutions & Services Pvt.
Sector Consumer Services
Buyer(s) Flipkart
Deal Type Add-on Acquisition

Target

F1 Info Solutions & Services Pvt.

Mumbai, India
F1 Info Solutions & Services Pvt. Ltd. is a neutral service provider in the field of IT, Telecom, Security surveillance, Home Automation and other areas. F1 Info Solutions & Services Pvt. Ltd. was established in 2012 and is based in Mumbai, India.

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Buyer(S) 1

Buyer

Flipkart

Bengaluru, India

Category Company
Founded 2007
Sector E-Commerce
DESCRIPTION

Flipkart is an e-commerce destination and offers a wide range of product categories including electronics, household items, and apparel to customers across India. Flipkart was established in 2007 and is headquartered in Bengaluru.


DEAL STATS #
Overall 5 of 8
Sector: Consumer Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 5 of 8
Country: India M&A 4 of 7
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-01 PhonePe

Bangalore, India

PhonePe is a mobile payments company. The Company is based in Bangalore, India.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-21 Liv.ai Pvt.

Bengaluru, India

Liv.ai Pvt. Ltd. is an artificial intelligence based speech recognition company. Liv.ai offers APIs that enable low latency speech to text conversion in 10 Indian languages. Liv.ai Pvt. Ltd. was founded in 2015 and is based in Bengaluru, India.

Buy -