Helpchat Acquires Hyperlocal Discovery Platform, Niffler

Acquisition will also enable Helpchat to launch its services in Pune and Mumbai faster as Niffler already has a presence. Post the acquisition, the entire team at Niffler will join Helpchat. Launched in July 2014, the startup had raised funding worth $1 million in March 2015 from SAIF partners.

Helpchat has agreed to acquire Mumbai-based start-up Niffler for an undisclosed amount.

Acquisition will also enable Helpchat to launch its services in Pune and Mumbai faster as Niffler already has a presence in these key markets. Post the acquisition, the entire team at Niffler will join Helpchat.

Co-founded by Edul Patel, Prince Arora and Viraj Shah, Niffler was launched in July 2014 with the objective of providing a location based contextual offers and deals discovery platform for the Indian consumers. It had raised funding worth $1 million in March 2015 from SAIF partners.

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