Is $30 Mn acquisition of Goal101 a win for them?
According to Tracxn, Goal101 had a valuation of $50Mn in 2021 - raised 7.5Mn is total After two years, it's getting acquired by M2P Fintech for Cash+Stock of $30Mn Also both Goal101 and M2P Fintech have common key VC investors News source - https://m.economictimes.com/tech/startups/m2p-fintech-acquires-goals101-in-a-cash-and-equity-deal-worth-rs-250-crore/articleshow/105940711.cms
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A great exit news after long!
This also marks the first-ever deal for Adobe in the generative AI and video-tooling space. It also makes Rephrase the first Indian startup ...
https://economictimes.indiatimes.com/tech/startups/ettech-exclusive-in-a-first-adobe-acquires-indian-generative-ai-startup-rephrase-ai/articleshow/105411574.cms