Announced
Completed
Financials
Tags
cloud-based platform
Cross Border
Acquisition
Completed
India
Single Bidder
Private
Minority
Friendly
Online and Social Platforms
Synopsis
Yanolja Cloud, an AI-based SaaS company, completed the acquisition of a minority stake in InnKey, a provider of cloud-based enterprise PMS platform, for $10m. "At InnKey, our vision has always been to disrupt the way large hotels and chains have operated globally. With InnKey's product expertise and Yanolja Cloud's global reach and ecosystem, we will be focusing on further enhancing our cloud platform and expand globally as we look to transform the global hospitality industry," Viral Shah, InnKey Co-Founder and CEO.
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