India: Instamojo acquires digital commerce startup GetMeAShop

India: Instamojo acquires digital commerce startup GetMeAShop

Photo: Pixabay

City-based digital payment platform Instamojo has acquired Times Internet-owned GetMeAShop, a digital commerce platform for micro, small and medium enterprises (MSMEs), for $5 million in cash. This is Instamojo’s first acquisition since its inception in 2012, and will allow the startup to branch into software offerings.