SquishyNarwhal
SquishyNarwhal

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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