Instamojo acquires digital commerce startup GetMeAShop

Date posted: Monday 10 February 2020

Payment solutions provider Instamojo has acquired *Times Internet-owned SaaS startup GetMeAShop (GMAS) in a largely stock deal that will see the Bengaluru-based company evolve into a full-stack MSME-focused digital commerce platform. As part of the deal, which is estimated at $5 million, Times Internet, the digital arm of Bennett, Coleman & Co Ltd, which is also the publisher of The Economic Times, will invest an undisclosed sum into Instamojo.

(ET Tech)