Let’s take a look back at some of the most iconic startup acquisitions in India 💸👇

🔸 In 2018,  Walmart acquired 77% of Flipkart for $16 Bn, valuing the company at $22 Bn – in one of the largest

Ecommerce deals in the world.

🔸 In June 2022, Zomato announced the acquisition of Blinkit in a $568 Mn all-stock deal. Initially written off as a bad investment, today,

Blinkit has changed the face of Zomato.

In fact, analysts such as Bernstein estimate that Blinkit will have larger

Revenue  than Zomato’s food delivery by FY30.

🔸 Between 2017 and 2021, BYJU’S went on a shopping spree and acquired 17 startups – amongst them, Epic & Aakash were some of the biggest acquisitions in the startup ecosystem.

P.S. For more insights, check out our latest report "The State Of Indian Startup Ecosystem Report 2024"!

Credit - Inc42 Media