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Wireless

Amazon buys Indian startup Tapzo for USD 40-45 mln - report

Friday 31 August 2018 | 14:44 CET | News
Amazon has acquired Indian startup Tapzo. The startup aggregates app-based services such as Uber, Ola, food delivery services Swiggy and Zomato, Book My Show, bill payment service BillDesk, into a single app. The part-stock and part-cash deal is valued at USD 40-45 million, The Economic Times reports, citing unnamed sources familiar with the deal. According to the same sources, the acquisition will see Tapzo's investors exit with a cash payout.

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Categories: Internet / Mobile & Wireless
Companies: Amazon
Countries: India
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