Jun 2, 2015

MartMobi Mobile Tech Startup acquired by Snapdeal

snapdeal martmobi deal pics

Hyderabad based mobile technology startup, MartMobi was acquired by eCommerce giant Snapdeal and they bought it to help the company strengthen its mobility platform for merchant partners in the mobile sector. After raising huge funds from Softbank Snapdeal is on an acquisition spree and had recently acquired Freecharge and picked up a major stake in GoJavas and RupeePower. Snapdeal will continue to acquire mobile tech firms as it is all about getting to the market early with the technology

About MartMobi 
MartMobi is founded by Pramod Nair and Satya Krishna Ganni and currently has a team of 15 members when it was acquired wholly by Snapdeal. In its years of operations, today has over 150 clients to whom this firm enables uninterrupted connectivity with customers. This firm also extends back end system support in addition to real time analysis of conversions and user engagements.

Deal Size:
Not disclosed by Snapdeal

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