M&A Deal Summary

WishPoint Tech Pvt. Acquires Snabar Pvt.

On October 25, 2016, WishPoint Tech Pvt. acquired e-commerce company Snabar Pvt.

Acquisition Highlights
  • This is WishPoint Tech Pvt.’s 1st transaction in the E-Commerce sector.
  • This is WishPoint Tech Pvt.’s 1st transaction in India.

M&A Deal Summary

Date 2016-10-25
Target Snabar Pvt.
Sector E-Commerce
Buyer(s) WishPoint Tech Pvt.
Deal Type Add-on Acquisition

Target

Snabar Pvt.

Ahmednagar, India
Snabar Pvt. Ltd. is a local ecommerce platform. Snabar Pvt. Ltd. is headquartered in Ahmednagar, India.

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Buyer(S) 1

Buyer

WishPoint Tech Pvt.

Pune, India

Category Company
Founded 2012
Sector Internet Software and Services
DESCRIPTION

Scandid is an online price and product comparison platform for electronic devices, books, accessories and personal care products. Scandid was established in 2012 and is headquartered in Pune, India.


DEAL STATS #
Overall 1 of 1
Sector: E-Commerce M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: India M&A 1 of 1
Year: 2016 M&A 1 of 1