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  5. Suvidhaa Infoserve Pvt. Acquires AasaanPay Solutions India Pvt.

M&A Deal Summary

Suvidhaa Infoserve Pvt. Acquires AasaanPay Solutions India Pvt.

On September 15, 2015, Suvidhaa Infoserve Pvt. acquired technology hardware company AasaanPay Solutions India Pvt.

Acquisition Highlights
  • This is Suvidhaa Infoserve Pvt.’s 1st transaction in the Technology Hardware sector.
  • This is Suvidhaa Infoserve Pvt.’s 1st transaction in India.

M&A Deal Summary
Date 2015-09-15
Target AasaanPay Solutions India Pvt.
Sector Technology Hardware
Buyer(s) Suvidhaa Infoserve Pvt.
Deal Type Add-on Acquisition

Target

AasaanPay Solutions India Pvt.

Hyderabad, India
AasaanPay Solutions India Pvt. Ltd. is a provider of technology device that can be plugged into a mobile phone, which can then be used for credit or debit card transactions instead of a traditional bulky POS machines.

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Buyer(S) 1

Buyer

Suvidhaa Infoserve Pvt.

Mumbai, India
Category Company
Founded 2007
Sector Consumer Services
DESCRIPTION

Suvidhaa Infoserve Pvt. Ltd. is a payment and remittance firm.

DEAL STATS #
Overall 1 of 1
Sector: Technology Hardware M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: India M&A 1 of 1
Year: 2015 M&A 1 of 1
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