M&A: Startup Buddy Acquires Boudhik Ventures

Startup Buddy Acquires Boudhik Ventures in a cash and stock deal to strengthen global patent services

1) From April 2020, Boudhik will continue to run as a separate brand under Startup Buddy

2) Boudhik Ventures’ founders Vivek Dahiya and Saurabh Trivedi will join the Startup Buddy Team as Directors.

3)Startup Buddy is an advisor to many celebrities including Singer Sukhbir Singh, Cricketer R P Singh for startup

‘Boudhik by Startup Buddy’ will assist startups, institutions, SMEs, Indigenous companies in building strong intellectual property portfolio across the globe, which not only accelerate the growth of companies rather help them to collaborate with local partners in other countries swiftly. Further, the team will help people to innovate by using their expertise and establishing new businesses with a strong foundation.

Amit Singal, Co-founder of Startup Buddy said: “This collaboration really going to create new opportunities for startup companies where they can get everything under one roof”. Further, he added that we welcome founders of Boudhik Ventures Mr Vivek Dahiya and Mr Saurabh Trivedi to Startup Buddy and look forward to forming Indian Startup Ecosystem one of the best in the world.

Post-acquisition, Boudhik will continue to run as a separate brand namely ‘Boudhik by Startup Buddy’ under the umbrella of Startup Buddy Brand. This timely collaboration would allow Startup Buddy to provide all kind of IPR services (trademarks, copyrights, patents, designs etc.) to its existing clients as well as future clients

Founded in 2015 by chartered accountants Manish Aggarwal and Amit Singal, Startup Buddy provides services ranging from incorporation, accounting, taxation, Payroll, Marketing, legal and Secretarial Compliance to startups in India and abroad.

Startup Buddy has global partnerships with various incubators and accelerators including GSF, Amplifi, India Accelerator, AIC-BIMTECH, AIC-Great Lakes, Gastrotope, 100 Open Startups, 91Springboards, Founders Click to support Startup Ecosystem. Startup Buddy is actively working with various funds to provide deal structuring, advisory, due diligence, legal services.

Successful collaboration depends on learning to understand the expertise, value proposition, interest and most importantly work culture of each other. We have seen this with Startup Buddy for many years and glad to become the part of Startup Buddy leadership team said by Mr Saurabh Trivedi.

Added to above Mr Vivek Dahiya Co-founder of Boudhik ventures said we sail different boats with different expertise from many years, now it’s time to combine the efforts and beat the storm. Soon, we would be spreading our wings in other parts of the world to collaborate with similar outfits for the benefits of startups associated with us today as well as in the future.

 

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