As reported by the Business Standard, Lawin1 – a startup that was founded by Manik Gupta (Class of 2017) and Pradeep Kumar (Class of 2017) in the beginning of their 3rd Year.
The startup has been acquired by Karvin Management Consultants Private Limited, a New-Delhi based business advisory firm. The deal was closed earlier on Monday with Kapil Dudeja, director, Karvin Management. The deal is a cash and stock transaction with a total value of $5,84,000.
Over the past 20 months, the startup had accumulated more than 600 clients from across the country ranging from traditional manufacturing houses to well funded VC ventures and the chief executive of a global top 3 tech company.