The vibrant Indian startup ecosystem and its thrilling advancements have been a focal point of international startup media for a long time now. Today, many Indian startups have expanded their reach or services by indulging in acquisition both nationally and internationally. Introducing unique work methodology, leveraging cultural advances, and more, Indian companies, especially startups, have become some preferred employers across the world now. Let’s look at some of the Indian startups bearing the flag of success and acquiring companies abroad.
Flyerly by Appy Pie
India based no-code development company Appy Pie recently grabbed headlines for the acquisition of a UK-based company. The company has acquired leading creative design platform Flylerly. With this development, Appy Pie now offers added benefits and unique user experience in building creative designs on their platform. Previously in 2020, Appy Pie had also acquired AppMakr and Infinite Monkeys and emerged as the largest no-code platform in the world with more than 10 million users.
Urbanspoon acquired by Zomato
The leading Indian food-tech firm Zomato doesn’t need an introduction, even in the international market. Back in 2019, the company wowed the global market with its acquisition of US-based Urbanspoon. This move also marked the company’s entry into the US market.
Osmo acquired by Byjus
Byju’s success is one of the most celebrated victories in the history of Indian startups. The company has successfully transformed the education sector and has become a favourite platform for both students and parents alike. In 2019, the company had acquired US-based Osmo to offer unique earning solutions to children aged 3-8 years. This was the 5th acquisition of Byjus, and the firm was able to create an international buzz with it. The companies staggering growth was well-witnessed by international investors and other interested in the global startup space.
InMobi acquired PinSight Media
US-based mobile advertising and data management company was acquired by India-based InMobi in 2019. As a part of a broader strategy, the acquisition helped InMobi to penetrate into the US market and add feathers of success to its hat. PinSight has helped many companies discover new consumer insights and market opportunities to its partners earlier.
OYO bought Leisure Group
Amsterdam-based Leisure Group was already a popular choice for holiday homes, holiday parks, and holiday apartments in Europe, and in 2019 Yes Bank-backed OYO Hotels announced the acquisition of the group. With this move, India-based OYO was able to penetrate deeper into the global hospitality market and cater to international tourists.