Moksha / Arzooo 2024
Moksha Group acquired Arzooo on November 21, 2024.
- Target
- Arzooo
- Acquirer
- Moksha Group
- Announced
- November 21, 2024
- Sub-sector
- B2B Payments
Transaction overview
- Moksha Group announced the acquisition of Arzooo on November 21, 2024.
- The deal is expected to close pending customary conditions.
Strategic rationale
Moksha acquires distressed B2B electronics startup assets following failed funding and merger attempts; asset consolidation in distribution sector.
Deal terms & multiples
Frequently asked questions
When did Moksha Group announce the acquisition of Arzooo?
Moksha Group announced the acquisition of Arzooo on November 21, 2024.
What sub-sector is Arzooo in?
Arzooo is tracked in the B2B Payments sub-sector.
Sources
- economictimes.indiatimes.com /tech/newsletters/morning-dispatch/groww-razorpay-pay-for-reverse-flip-arzooos-distress-sale/articleshow/115507061.cms