04 September 2017, India:
Pune-based consumer internet firm Mazkara Internet has announced the acquisition of Mumbai-based mobile technology startup BazingaLabs for an undisclosed amount.
BazingaLabs, founded by Kakshil Shah, has developed Skedule, a mobile application that lets users discover and book experiences at their location. Mazkara Internet was founded by Prasanjeet Roy and Mohammad Ali in 2015. Mazkara Internet has traversed the crucial sector of product development.
Prasanjeet Roy, CEO, and Co-founder of Mazkara Internet said, “We have a solid business model in place and our expertise lies in web technology. However, with launching transactions on our flagship product Fabogo, the need of the hour was focusing on mobile technology.”
The company stated, “We have a solid business model in place and our expertise lies in web technology. However, with launching transactions on our flagship product Fabogo, the need of the hour was focusing on mobile technology. With Kakshil and team onboard, we are confident of taking Mazkara Internet to the next level.”
Kakshil Shah, founder of BazingaLabs said, “The acquisition came very naturally, as we were already working closely with Mazkara Internet for almost a year. Our technical skills and their business expertise harmonise perfectly with each other.”
Fabogo is a multifaceted platform for salons, cosmetic centers, fitness clinics and spas based in Dubai, Pune and Mumbai. Frequent offers, deals and discounts can also be searched for on the website or the mobile app. Besides Fabogo, Mazkara Internet is also developing BigReach, a digital marketing development app and EatRepeat, a personalised restaurant app building service.
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