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  5. Voonik Technologies Pvt. Acquires Picksilk.com

M&A Deal Summary

Voonik Technologies Pvt. Acquires Picksilk.com

On June 6, 2016, Voonik Technologies Pvt. acquired e-commerce company Picksilk.com

Acquisition Highlights
  • This is Voonik Technologies Pvt.’s 2nd transaction in the E-Commerce sector.
  • This is Voonik Technologies Pvt.’s 5th transaction in India.

M&A Deal Summary
Date 2016-06-06
Target Picksilk.com
Sector E-Commerce
Buyer(s) Voonik Technologies Pvt.
Deal Type Add-on Acquisition

Target

Picksilk.com

Bengaluru, India
Picksilk.com is an online platform that allows users to shop for women's silk sarees.

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Buyer(S) 1

Buyer

Voonik Technologies Pvt.

Bengaluru, India
Category Company
Founded 2013
Sector E-Commerce
DESCRIPTION

Voonik Technologies Pvt. Ltd. is an online fashion application that allows users to shop for women's apparel, accessories, footwear and beauty products.

DEAL STATS #
Overall 5 of 5
Sector: E-Commerce M&A 2 of 2
Type: Add-on Acquisition M&A Deals 5 of 5
Country: India M&A 5 of 5
Year: 2016 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-06 Zohraa Lifestyles Pvt.

Mumbai, India

Zohraa Lifestyles Pvt. Ltd. is an online marketplace for designer sarees, kurtis, suits and gowns.

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