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Fintech startup Instamojo makes first acquisition, buys GetMeAShop
short by Anushka Dixit / on Wednesday, 5 February, 2020
Digital payment startup Instamojo has acquired Times-Internet owned digital commerce startup GetMeAShop for $5 million. This is Instamojo's first acquisition since its launch in 2012, with which it expects to increase its non-payments revenue from 20% to 40%-50% of the total revenue. Till now, Instamojo has raised over $10 million in funding from Kalaari Capital, Blume Ventures, among others.
read more at Entrackr