Add-on Acquisition • Internet Software and Services

PhonePe Acquires Zopper Retail

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

Acquisition Context

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

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

Target Company

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 Overview 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 Context for Buyer	#
Overall	1 of 1
Sector: Internet Software and Services	1 of 1
Type: Add-on Acquisition	1 of 1
Country: India	1 of 1
Year: 2018	1 of 1

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