Wednesday, 29 July 2026

Indian corporate news, decoded into deal flow

NSE LIVE
NIFTY 50 INDIA VIX
as of
MARKETS
DEAL FLOW
Gland Pharma Receives US FDA Approval… ▲ Market News / Economy Renaissance Global Expands U.S. Retail Presence… ▲ Capex & Future Plans Shyam Metalics Commissions ₹150 Crore Beneficiation… ▲ Capex & Future Plans Vardhman Special Steels Highlights Strong Q1… ▲ Capex & Future Plans Magellanic Cloud Subsidiary Bags $1.21 Million… ▲ Order Book Manipal Health IPO 2026: Issue Details,… ▲ Ipos Car trade Tech Limited Partners With… ▲ Capex & Future Plans
Home / Mergers & Acquisitions / Tanla Merges Gamooga with Karix | April 2025 Update
MA · Mergers & Acquisitions

Tanla Merges Gamooga with Karix | April 2025 Update

Tanla Merges Gamooga with Karix | April 2025 Update

Tanla Platforms Limited has announced the approval of a Scheme of Arrangement for the merger of its step-down subsidiary, Gamooga Softtech Private Limited, with its wholly owned subsidiary, Karix Mobile Private Limited. The Boards of Directors of both Karix and Gamooga approved the merger on April 24, 2025.

Key Details of the Merger:

  • Entities Involved:

    • Transferee Company: Karix Mobile Private Limited

    • Transferor Company: Gamooga Softtech Private Limited

  • Turnover (as of March 31, 2025):

    • Karix Mobile Private Limited: ₹2,333.87 crore

    • Gamooga Softtech Private Limited: ₹46.19 crore

  • Nature of Transaction: The merger is between Karix and its wholly owned subsidiary, Gamooga. As such, it does not constitute a related party transaction under Section 188 of the Companies Act, 2013, and no cash consideration is involved.

  • Business Areas:

    • Karix Mobile Private Limited: Provides enterprise-grade messaging and communication solutions, including SMS, voice, email, and other messaging platforms.

    • Gamooga Softtech Private Limited: Specializes in marketing automation and customer engagement solutions, focusing on data analytics to enhance business decision-making and customer relationships.

  • Rationale for Merger: The merger aims to consolidate business operations, streamline the group structure, and achieve operational efficiencies. It is expected to enhance organizational capability and result in cost savings and compliance efficiency.

The merger is subject to necessary statutory and regulatory approvals, including those from regulatory authorities and the respective members and creditors of each company involved in the Scheme.