The round, which is largely a primary fundraise, includes a small portion of secondary share sale where some early investors have partially cashed out, sources said.
Instamojo acquihires regional content platform Showman
SECTIONS
Share
Synopsis
As part of the Instamojo-Showman deal, Showman’s co-founders CEO Kshitij Bhatawdekar and COO Rutveez Roopam Rout will join Instamojo as product manager and user research manager, respectively.
ETRealty
Bengaluru:Instamojo, a full-stack solutions provider for MSMEs, has announced its first ever acquihire of Bengaluru-based virtual theatre and vernacular content platform, Showman.
The acquihire will see the onboarding of the founding member team of Showman. Kshitij Bhatawdekar, co-founder and CEO, joins Instamojo as product manager, while Rutveez Roopam Rout, co-founder and COO, joins as user research manager.
“The acquihire of Showman is a first for Instamojo and comes at a time when we as a company are evolving to move to the next level. We are happy to have both Kshitij and Rutveez join our team, bringing to Instamojo their expertise and knowledge in the product and consumer space, along with