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  5. Symbo India Insurance Broking Acquires ReLeague Enterprises Pvt.

M&A Deal Summary

Symbo India Insurance Broking Acquires ReLeague Enterprises Pvt.

On August 7, 2018, Symbo India Insurance Broking acquired internet software and services company ReLeague Enterprises Pvt.

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

M&A Deal Summary
Date 2018-08-07
Target ReLeague Enterprises Pvt.
Sector Internet Software and Services
Buyer(s) Symbo India Insurance Broking
Deal Type Add-on Acquisition

Target

ReLeague Enterprises Pvt.

Mumbai, India
ReLeague Enterprises Pvt. Ltd. is a digital platform with a simple user-interface designed to facilitate global transactions in real time, between all stakeholders - brokers, reinsurers, foreign direct underwriters, cedants, managing agents, etc. - via a battery of best-in-class digital tools. ReLeague Enterprises Pvt. Ltd. was founded in 2015 and is based in Mumbai, India.

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Buyer(S) 1

Buyer

Symbo India Insurance Broking

Mumbai, India
Category Company
Founded 2017
Sector Insurance
DESCRIPTION

Symbo India Insurance Broking Ltd. is a technology driven insurance business serving the industry across products, distribution, and operations. Symbo India Insurance Broking Ltd. was founded in 2017 and is based in Mumbai, 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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