According to TechCrunch, a regulatory filing showed Amazon Technologies paid USD 14.7 million to acquire the Indian startup in an all-cash deal. The company is expected to spend an additional USD 5 million to compensate Perpule’s employees.
Perpule offers a mobile payments device to offline retailers to help them accept digital payments and also establish presence on various mini app stores including those run by Paytm, PhonePe, and Google Pay in India.
An Amazon representative informed that Perpule has created a cloud-based POS offering that enables offline stores in India to manage their inventory, checkout process, and customer experience.
The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.
The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.
Current themes
No part of this site can be reproduced without explicit permission of The Paypers (v2.7).
Privacy Policy / Cookie Statement
Copyright