Mobile Premiere League the Digital Gaming Company acquihired Khidki a Social Commerce app to cater to the increasing demand from the Tier II and III cities in India. The acquihire transaction was finalized in March 2020.
Khidki was founded in January 2017 by Kumar Saurabh and Kapil Agarwal, alumni and batch
mates of IIIT-Allahabad. It was launched as a town localized vernacular social network in India and later commerce layer was added to it. Khidki was also successful in fund raising from the investment firm-cum-accelerator Axilor Ventures headed by Infosys Founders SD Shibulal and Kris Gopalakrishnan.
The Co-Founder at Kihidki Kapil Agarwal shared his experience of the acquihire process that was smoothly facilitated by Acquihire.in “I would like to express my heartfelt gratitude to the entire team of Acquihire.in for all their valuable support and professional guidance. They were highly responsive having the right communication throughout the process of acquihiring. The appropriate opportunities that they are offering to the Startups in need are truly commendable” elaborated Kapil.
Mid and large corporations are increasingly opting for the acquihire route in recent years to access talents, specifically in the tech domain. Acquihiring has emerged as a successful means to recruit top talent and the sector’s domain expertise. Bigger Startups are always exploring for such opportunities and instantly finalize these talent acquisitions.
While tech giants were leading the acquihiring trend so far, the trend is fast being adopted by the Indian Startup ecosystem as well. This is demonstrated by the several acquihire transactions that have been finalized in the last few years. Especially fast-moving companies are always in the mode of talent deployment due to the demand for expertise for quickly enhancing the delivery capacity.
MPL, a fast-growing entity acquihired Khidki for its rich product engineering abilities to cater to the increasing demand from the mid-tier cities.
The leader spearheading diverse successful Acquihiring transactions: ACQUIHIRE
Acquihire.in has been leading the Indian acquihiring transaction space even as large corporations increasingly scout prized talent for enhancing their reliability and agility for end-users. We have been constantly facilitating interested companies in identifying top industry talents and developing cohesive and efficient functional teams.
Fast-growing companies are thus increasingly seeking our consulting and expertise due to the
inherent and immense value of the acquihire deals. We take into consideration all the necessary factors to ensure the success of the acquihiring transactions including synergies in terms of cultural fit, team values, and work ethics.
Tag: MPL, Khidki, Acquihired