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Announced

Completed

ANI Technologies completed the acquisition of Avail Finance.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Domestic

Acquisition

fintech

Completed

India

Majority

Private

Friendly

FinTech

Single Bidder

Synopsis

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ANI Technologies, an online transportation network company, completed the acquisition of Avail Finance, a fintech startup serves the blue collar workforce. Financial terms were not disclosed. "The fintech business will be augmented by Avail Finance’s leadership team with experience in the consumer lending industry, along with a strong team across tech, product and design, data science and analytics, among others," Ola.

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