Amazon Technologies Inc., part of Amazon.com Inc., has acquired retail tech firm Perpule in an all cash-deal of over Rs 107 crore to strengthen its efforts in the area of providing technology to kiranas, according to the sources.
People in the know said that Amazon is expected to pay additional remuneration to the employees of the Bengaluru-based firm which may increase the deal value to about Rs 150 crore.
Perpule was launched in 2016 by Abhinav Pathak, Saketh BSV, and Yogesh Ghaturle. While Pathak and Ghaturle are alumni of the National Institute of Technology, Surathkal, Saketh is from the Indian