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ARTICLE · 22 DECEMBER 2023

Induslaw Deal Report - Goals101

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M2P, a digital banking infrastructure company, has acquired Goals101 in a cash-and-equity deal.

IndiaFinance and Banking
CMS IndusLaw
CMS IndusLaw
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M2P, a digital banking infrastructure company, has acquired Goals101 in a cash-and-equity deal. The existing investors of Goals101, including Nexus Venture Partners, Sprout Venture Partners and Dentsu, also participated in this deal.1

Our firm advised Goals101 and Nexus Venture on this deal.

INDUSLAW Team:

Goals101 and its founder –Shantanu Jindel (Partner), Shweta Gupta (Partner) and Shivani Singh (Senior Associate) with strategic inputs from Avimukt Dar (Founding Partner).

Nexus Venture - Mayukh Datta (Partner), Stuti Agarwal (Principal Associate), and Surbhi Joshi (Senior Associate).

Other law firms involved:

M2P - Veritas Legal

Footnotes

1 https://www.thehindu.com/news/national/tamil-nadu/m2p-fintech-acquires-data-analytics-and-intelligence-platform-goals101/article67635358.ece

2 https://www.livemint.com/companies/start-ups/m2p-fintech-acquires-goals101-for-rs-250-crore-11702447469135.html

3 https://www.thehindubusinessline.com/companies/chennai-based-m2p-fintech-acquires-goals101-in-a-cash-and-equity-deal-for-250- crore/article67634555.ece

4 https://www.vccircle.com/fintechstartups-m2p-and-anq-strike-fresh-acquisitions-in-bid-to-expand

5 https://www.moneycontrol.com/news/technology/m2p-fintech-acquires-transaction-behavioural-intelligence-firm-goals101-11897001.html

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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