In today’s video, we talk about the top 10 biggest Indian startup acquisitions.

00:00 Introduction
00:51 #10 TaxiForSure
02:34 #9 Simplilearn
03:58 #8 Myntra
05:06 #7 WhiteHat Jr
06:13 #6 PlaySimple Games
07:12 #5 FreeCharge
08:25 #4 Great Learning
09:34 #3 BigBasket
11:12 #2 GoIbibo
12:31 #1 Flipkart

#10 TaxiForSure: Founded by Aprameya Radhakrishna and Raghunandan G in 2011, TaxiForSure was one of the earliest players in the online cab aggregation space in India, apart from Ola. To compete with Uber in India, Ola had acquired TaxiForSure in a deal worth $200 million.

#9 Simplilearn: Started by Krishna Kumar in 2007 as a blog, Simplilearn was turned into a startup in 2010. Today, Simplilearn is a profitable edtech startup offering more than 40 courses on its platform and has trained over 2 million professionals. Earlier in 2021, Blackstone acquired a majority stake in Smiplilearn in a deal worth $250 million.

#8 Myntra: Founded by Ashutosh Lawania, Mukesh Bansal, Raveen Sastry, Sankar Bora and Vineet Saxena in 2007, Myntra was just an online platform selling personalised gift items which ventured into fashion products in 2011. After witnessing rapid growth, Myntra was acquired by Flipkart in a deal worth $280 million in 2014.

#7 WhiteHat Jr: Founded by Karan Bajaj in 2018, WhiteHat Jr offers live one-on-one online personalised coding classes to its students. Their unique teaching approach, combined with their aggressive marketing helped them reach a revenue runrate of $150 million in just 18 months. In 2020, Byju’s acquired WhiteHat Jr in an all-cash deal worth $300 million.

#6 PlaySimple Games: Founded by Preeti Reddy, Siddhanth Jain, Siddharth Jain, and Suraj Nalin in 2014, PlaySimple Games makes simple word games like Word Trip, Crossword Jam, Word Bingo and Word Bliss. After building a profitable gaming business with just $4.5 million in investment, PlaySimple Games was acquired by Modern Times Group (MTG) in a deal worth $360 million.

#5 FreeCharge: Founded by Kunal Shah and Sandeep Tandon in 2010, FreeCharge offered an online platform for users to recharge their phones. By 2015, FreeCharge was doing more than 1 million transactions every month. That is when Snapdeal had acquired FreeCharge for $400 million – making it one of India’s largest acquisitions at the time.

#4 Great Learning: Founded by Arjun Nair, Hari Nair and Mohan Lakhamraju in 2013, Great Learning offers upskilling courses to help working professionals accelerate their career growth. The founders bootstrapped their startup to profitability and reached a revenue runrate of $100 million before it was acquired by India’s most valuable edtech startup Byju’s in a deal worth $600 million in 2021.

#3 BigBasket: Founded by Abhinay Choudhari, Hari Menon, Vipul Parekh, VS Ramesh and VS Sudhakar in 2011, BigBasket is India’s most valuable online grocery delivery startup serving millions of users across more than 30 cities. Earlier this year in 2021, Tata Digital acquired a 64% stake in the startup for $1.3 billion.

#2 GoIbibo: Founded by Ashish Kashyap in 2007, GoIbibo started as a social networking platform before pivoting to an online travel booking platform in 2009. By 2015, GoIbibo was ranked among the top 3 online travel platforms in the country. Then in 2016, MakeMyTrip acquired GoIbibo in a deal worth $1.8 billion.

#1 Flipkart: Founded by Sachin Bansal and Binny Bansal in 2007, Flipkart started its journey as a small online bookstore before becoming India’s e-commerce behemoth. By 2018, Flipkart was raking in $4.5 billion in revenue. In Flipkart, Walmart found a perfect opportunity to enter India’s booming e-commerce market and acquired them in a massive deal worth $16 billion.

Give us a like and subscribe to Backstage with Millionaires if you liked our video. Let us know what you think about this video in the comments below.

Follow Backstage with Millionaires to remain updated with our latest developments.

LinkedIn: [ Ссылка ]
Twitter: [ Ссылка ]
Instagram: [ Ссылка ]
Discord: [ Ссылка ]

#startup #acquisition #backstagewithmillionaires

свернуть