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M&A Deal Summary

Myntra Designs Private Acquires Cubeit

On July 11, 2016, Myntra Designs Private acquired internet software and services company Cubeit

Acquisition Highlights
  • This is Myntra Designs Private’s 2nd transaction in the Internet Software and Services sector.
  • This is Myntra Designs Private’s 3rd transaction in India.

M&A Deal Summary
Date 2016-07-11
Target Cubeit
Sector Internet Software and Services
Buyer(s) Myntra Designs Private
Deal Type Add-on Acquisition

Target

Cubeit

Bengaluru, India
Cubeit is a mobile application that allows users to aggregate content from anywhere and makes it share from a given location.

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Buyer(S) 1

Buyer

Myntra Designs Private

Bengaluru, India
Category Company
Founded 2007
Sector Retail
DESCRIPTION

Myntra Designs Private Ltd is a e-commerce oline store for lifestyle products.

DEAL STATS #
Overall 4 of 8
Sector (Internet Software and Services) 2 of 4
Type (Add-on Acquisition) 4 of 8
Country (India) 3 of 7
Year (2016) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-06 Native5 Software Solutions Pvt.

Bengaluru, India

Native5 Software Solutions Pvt. Ltd. is a provider of software solutions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-12 XS Brands Consultancy Pvt.

Mumbai, India

XS Brands Consultancy Pvt. Ltd. (dba HRX Brand) is an online platform that allows users to buy fitness, sports and training apparels, footwear and accessories. HRX Brand was established in 2013 and is headquartered in Mumbai, India.

Buy -
Mergr

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