Tag: acquired

A mobile secure browsing app from Pakistani company gets acquired by Italian app publishers

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article image Bending Spoons Milan, Italy had been in talks with Pentaloop, a Pakistan mobile app studio over its mobile browser security app named VPN Browser – TOR-powered unlimited VPN. It is one of the most popular VPN browser apps on appstore with very stable ranking and growing customer base. They finally closed the deal last month […]…Read More

Biggest start-up EatOye acquired by FoodPanda

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article image STAFF REPORT KHI: The leading Pakistani food ordering powerhouse EatOye (www.eatoye.pk) has been acquired by FoodPanda (www.foodpanda.com). EatOye offers the fastest way to order a food delivery or reserve a table. With 682 per cent growth in orders in 2014 it is amongst the fastest growing online food ordering companies globally. EatOye is awarded the Pasha ICT Award for the best IT company in hospitality industry in Pakistan and also amongst the best IT companies in hospitality in…Read More

Pak blog gets acquired for Rs. 10m

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article image STAFF REPORT IBD: Gagism.com, a blog co-founded by Farrukh Zafar and Salman Saeed, has recently been acquired by an Australian firm at a whooping Rs. 10 million valuation.Farrukh Zafar, who left his remunerative job at LG Pakistan to dedicate his efforts for Gagism, said that the idea of selling Gagism hit him when blog traffic dipped down to 400,000 page views per day, while it had been serving a million hits per day in the past.Soon enough, Farrukh said, the blog was put up on an online…Read More

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