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  5. PayTM Mobile Solutions Pvt Acquires Balance Technology Pvt.

M&A Deal Summary

PayTM Mobile Solutions Pvt Acquires Balance Technology Pvt.

On August 9, 2018, PayTM Mobile Solutions Pvt acquired internet software and services company Balance Technology Pvt.

Acquisition Highlights
  • This is PayTM Mobile Solutions Pvt’s 9th transaction in the Internet Software and Services sector.
  • This is PayTM Mobile Solutions Pvt’s 10th transaction in India.

M&A Deal Summary
Date 2018-08-09
Target Balance Technology Pvt.
Sector Internet Software and Services
Buyer(s) PayTM Mobile Solutions Pvt
Deal Type Add-on Acquisition

Target

Balance Technology Pvt.

Bengaluru, India
Balance Technology Pvt. Ltd. is an operator of fintech application. Balance Technology invests users’ money in mutual funds that have no lock-in period and offer returns of up to 8.7% a year. Balance Technology Pvt. Ltd. was founded in 2016 and is based in Bengaluru, India.

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Buyer(S) 1

Buyer

PayTM Mobile Solutions Pvt

Noida, India
Category Company
Founded 2009
Sector E-Commerce
DESCRIPTION

PayTM Mobile Solutions Pvt Ltd. is a provider of offers online recharges and large variety of products.

DEAL STATS #
Overall 10 of 10
Sector: Internet Software and Services M&A 9 of 9
Type: Add-on Acquisition M&A Deals 8 of 8
Country: India M&A 10 of 10
Year: 2018 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-03 Nightstay Travels Pvt.

Delhi, India

Nightstay Travels Pvt. Ltd. is a last-minute hotel booking app. Nightstay Travels Pvt. Ltd. was founded in 2014 and is based in Delhi, India.

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