Friday, January 8, 2016

Paytm acquires Near.in in a deal worth Rs 13 cr

Paytm has acquired Near.in, an online marketplace for hyper-local services in a cash and stock deal, estimated at between $1.5 million-$2 million (Rs 10 crore-Rs 13 crore)
  • The acquisition of the Gurgaon based start-up in is considered as a strategic move by Paytm to boost its online-to-offline play.
About Near.in
It was founded a little over a year ago by Sunil GoyalLomesh Dutta and Akshay Khanna provides services like home repairs, appliance repair and pest control. It also helps customers find music classes, yoga classes and salon services among others.

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