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  5. Rane Holdings Acquires Telematics4U Services Pvt.

M&A Deal Summary

Rane Holdings Acquires Telematics4U Services Pvt.

On August 31, 2017, Rane Holdings acquired internet software and services company Telematics4U Services Pvt.

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

M&A Deal Summary
Date 2017-08-31
Target Telematics4U Services Pvt.
Sector Internet Software and Services
Buyer(s) Rane Holdings
Deal Type Add-on Acquisition

Target

Telematics4U Services Pvt.

Bangalore, India
Telematics4U Services Pvt. Ltd. is an Internet of Things company that develops and provides operational management solutions for the transportation sector. Telematics4U Services Pvt. Ltd. was established in 2009 and is based in Bangalore, India.

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Buyer(S) 1

Buyer

Rane Holdings

Chennai, India
Category Company
Founded 1929
Sector Automotive
Employees124
Revenue 43.2B INR (2025)
DESCRIPTION

Rane Holdings is the holding company for all the companies of the Rane group, which comprises six companies manufacturing a diverse range of automotive components and systems. Rane Holdings was founded in 1929 and is based in Chennai, 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: 2017 M&A 1 of 1
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