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  5. PhonePe Acquires Zopper Retail

M&A Deal Summary

PhonePe Acquires Zopper Retail

On July 16, 2018, PhonePe acquired internet software and services company Zopper Retail

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

M&A Deal Summary
Date 2018-07-16
Target Zopper Retail
Sector Internet Software and Services
Buyer(s) PhonePe
Deal Type Add-on Acquisition

Target

Zopper Retail

Noida, India
Solvy Tech Solutions Pvt. Ltd. is a Point of Sale software-as-a-service (SaaS) platform. Zopper Retail, helps merchants with billing, customer relationship management (CRM) and inventory management. Solvy Tech Solutions Pvt. Ltd. was founded in 2010 and is based in Noida, India.

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Buyer(S) 1

Buyer

PhonePe

Bangalore, India
Category Company
Sector Internet Software and Services
DESCRIPTION

PhonePe is a mobile payments company. The Company is based 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: 2018 M&A 1 of 1
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