Add-on Acquisition • Technology Hardware

Suvidhaa Infoserve Pvt. Acquires AasaanPay Solutions India Pvt.

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

Acquisition Context

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

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

Target Company

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 Overview 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 Context for Buyer	#
Overall	1 of 1
Sector: Technology Hardware	1 of 1
Type: Add-on Acquisition	1 of 1
Country: India	1 of 1
Year: 2015	1 of 1

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