Acquisitions Gone Astray
Entrepreneur magazine|September 2023
MANY ACQUISITION DEALS AMONG STARTUPS ARE TODAY GOING AWRY AND BUYERS AND SELLERS ARE GETTING INTO NASTY QUARRELS
S SHANTHI
Acquisitions Gone Astray

The unfolding of the startup ecosystem has not only put India on the global map, it has brought international trends to India. India's startups are today offering products and services at par with their global counterparts and the way they run their businesses is also becoming more and more streamlined like evolved ecosystems. One T such global trend that has played out in India in the last few years is the increasing number of acquisitions, i.e, takeover of one company by another.

Acquisitions often come in as a win-win for both the seller and the buyer. While the former opts to be acquired for reasons like lack of scalability beyond a point or to give an exit to the current investors, the latter is usually interested in the product or technology of the company. For the buyer, it is an easier route to expand rather than building new products and technology from scratch.

Acquisitions have also come in as a rescue measure for many startups that have been on the verge of shutting down due to global downturn-induced funding winter. However, there is a twist to this tale. Today, many acquisitions are going awry because of buyers and sellers getting into nasty quarrels.

SOME CASES IN POINT ARE:

→ Last month, Tiger Global-backed healthtech platform Pristyn Care reportedly suspended Rahul Narang and Saurabh Arora, the founders of Lybrate, a day after they served a default notice demanding outstanding payment resulting from the acquisition of their company. This came almost 12 months after the acquisition.

Bu hikaye Entrepreneur magazine dergisinin September 2023 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye Entrepreneur magazine dergisinin September 2023 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

ENTREPRENEUR MAGAZINE DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
THE BOOKWORM
Entrepreneur magazine

THE BOOKWORM

SASHANK RISHYASRINGA, CO-FOUNDER AND MANAGING DIRECTOR, AXIO (FORMERLY CAPITAL FLOAT)

time-read
1 min  |
March - April 2025
'The Sword We Refuse to Die On'
Entrepreneur magazine

'The Sword We Refuse to Die On'

Some people tell Chip and Joanna Gaines to play it safe, and to keep doing what made them famous in the first place. But they're ready to take more risks—because that's the entrepreneurial way.

time-read
5 dak  |
March - April 2025
How to Tell Your Brand's Story
Entrepreneur magazine

How to Tell Your Brand's Story

Your company does many things, but you must communicate it all in just a few words.

time-read
5 dak  |
March - April 2025
Mister Percussionist
Entrepreneur magazine

Mister Percussionist

Beyond corporate corridors, Vijay Subramaniam, 40, finds solace and joy in music.

time-read
1 min  |
March - April 2025
HOW INDIA'S REFURBISHED TWO-WHEELER MARKET IS SHIFTING GEARS IN 2025
Entrepreneur magazine

HOW INDIA'S REFURBISHED TWO-WHEELER MARKET IS SHIFTING GEARS IN 2025

Ever thought of buying a second-hand two-wheeler? India is seeing a surprising rise in the popularity of pre-owned and refurbished two-wheeler vehicles.

time-read
2 dak  |
March - April 2025
Why Customers Come Back
Entrepreneur magazine

Why Customers Come Back

What makes an in-person experience worth putting on autopay? This fitness studio founder has it dialed in.

time-read
2 dak  |
March - April 2025
e-Cars Drive Into Tier II, III Cities
Entrepreneur magazine

e-Cars Drive Into Tier II, III Cities

Cities such as Jaipur, Lucknow, Thiruvananthapuram, Surat, Coimbatore, are embracing four-wheel electric vehicles (EVs)

time-read
3 dak  |
March - April 2025
GCCs: THE MULTIPLIER EFFECT
Entrepreneur magazine

GCCs: THE MULTIPLIER EFFECT

GCCs are serving as dynamic multi-dimensional contributors that enable parent organizations to achieve results and scalability in an agile manner and maintain long-term growth.

time-read
4 dak  |
March - April 2025
COUPLE PRENEURS
Entrepreneur magazine

COUPLE PRENEURS

HOW COUPLES ARE TREADING THE ENTREPRENEURIAL JOURNEY TOGETHER

time-read
6 dak  |
March - April 2025
REDEFINING WELLNESS
Entrepreneur magazine

REDEFINING WELLNESS

Nestled in the serene embrace of Peacock Valley, Pune, Swastik - A Luxury Wellbeing Sanctuary stands as a haven that intertwines ancient wisdom with modern science.

time-read
3 dak  |
March - April 2025