Tag: Acquisition

From Srinagar to a Global Stage: Kashmir-Born Gatoes Joins Qashier in Landmark Restaurant Tech Acquisition
Business, Press Release

From Srinagar to a Global Stage: Kashmir-Born Gatoes Joins Qashier in Landmark Restaurant Tech Acquisition

Srinagar (Jammu & Kashmir) [India], August 13: In a moment being hailed as a defining milestone for Jammu & Kashmir’s startup ecosystem, homegrown restaurant technology platform Gatoes has been acquired by Qashier, a global leader in point-of-sale and restaurant management solutions. The deal marks one of the most significant startup exits to emerge from the region and underscores the growing global relevance of tech ventures built outside India’s traditional startup hubs.Founded by Jibran Gulzar, a Forbes 30 Under 30 Asia honoree, Gatoes set out to solve a problem familiar to restaurant owners everywhere: how to grow online orders without being squeezed by steep marketplace commissions. In a market long dominated by discount-driven aggregators, Gatoes...
Fredun Pharmaceuticals Acquires Wagr.ai
Business, Press Release

Fredun Pharmaceuticals Acquires Wagr.ai

From L-R: Advaith Mohan (cofounder of Wagr), Fredun Medhora (MD, Fredun Pharmaceuticals Ltd), and Siddharth Darbha (cofounder of Wagr)Mumbai (Maharashtra) [India], October 10: Fredun Pharmaceuticals Limited (BSE – FREDUN | 539730) is one of the leading pharmaceuticals formulation manufacturing companies in India. The Company, diversified into Generics, Cosmeceuticals, Nutraceuticals, Mobility and Animal Healthcare Products, today announced the strategic acquisition of all assets of Wagr, a leading pet tech platform, marking the launch of India’s first truly neutral online marketplace for pet products and services. This strategic move positions FPL at the forefront of India’s rapidly growing pet care industry, projected to reach $6 billion by 2030. The acquisition includes Wag...