The parent company of CarDekho, Girnar Soft has acquired Drishya360s Software in a cash-plus-stock deal. With the deal, all employees of Drishya360s will join Girnar Soft.
Founded in 2010 by Shashanka Adiga, Drishya360s is a premier photography and video production, augmented reality, virtual reality, and web-designing and hosting firm.
With the acquisition, Girnar Soft will build interactive virtual reality technology and augmented reality platform for CarDekho, Gaadi, BikeDekho, among others. Additionally, Girnar Soft will also leverage Adiga and his team’s experience to develop online and offline advertising solutions.
Girnar Soft’s Director-Strategy Rahul Yadav, said, “Having offered a plethora of options and innovative features on our platform, we have been working on the next phase of our evolution. The acquisition of Drishya360s is a step in our long-term growth strategy and enables us to develop interactive virtual reality solutions for our portals. By using and upgrading Drishya360s’ existing technology interface, we are confident that we will deliver the highest level of user experience.”
Drishya360s is the fourth startup acquired by Girnar Soft in the last 18 months. Earlier it acquired Gaadi.com, Zigwheels.com, and BuyingIQ.