Appnit Technologies Private Limited
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Appnit Technologies Private Limited - overview
Established
2014
Location
Noida, -, India
Primary Industry
Information Services
About
Founded in 2014 and based in India, Appnit Technologies Private Limited is a mobile internet company providing services for mobile phone users and carrier-grade solutions for telecom operators. In March 2022, DMI Finance acquired a controlling stake in Appnit Technologies Private Limited. Nitin Kapoor is the founder and CEO of the company. The company offers products, solutions, systems integration, software development and maintenance, and other services.
The firm’s customer-facing brand Oxymoney provides services including various wallet services, money transfers, AePS, utility bill payments, and micro ATMs. The March 2022 acquisition helps the organization to expand both its customer base and product suite.
Current Investors
DMI Finance
Primary Industry
Information Services
Sub Industries
Offshore IT Services/IT Outsourcing, Web Applications, Systems Management Software, Information Services
Website
www.appnittech.com
Verticals
Cloud Computing, Mobile Apps
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Appnit Technologies Private Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Appnit Technologies Private Limited | - |
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