Sapna Book House Acquires Ishita Tech And Its 3 brands [Bookadda, Koolskool, Acadzone]

Sapna Books’ digital arm, SapnaOnline has acquired Ishita Technologies and its three brands Bookadda. com, and sapna-books
While the deal price isn’t disclosed, Ishita techologies was valued at $13mn in 2012 (during Series A round). This is a move by Sapna Books to enter new categories (like test prep material/school supplies).
– Bookadda is an online books retailer.
– Koolskool uses multi-channel retailing and is focused on school supplies
-Acadzone is an online etailer of academic books /test prep materials.
Post this acquisition, Ishita’s 2 warehouses in Delhi and Bengaluru will become part of Sapna (SapnaOnline operates around 11 warehouses in the South).

1 comment

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