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Mohandas Pai backed BOOKadda acquires e-tailer KoolSkool

Tags: bookadda, koolskool, merger and acquisition, infosys, mohandas pai, k ganesh

March 12, 2014 | COMMENTS ( 0 )

Mohandas Pai backed BOOKadda acquires e-tailer KoolSkool

Bangalore-based online retailer of educational services and learning products, BOOKadda said that it has acquired KoolSkool from Delhigate Educomm Retail Solutions Pvt Ltd in a cash-and-stock deal.

 

The company said that it will now have a comprehensive learning catalogue which covers school, college and advanced education segments and competitive exams, for both academic and professional requirements.

 

“This acquisition is complementary to our strength and existing offerings,” said Hemant Kohli, Co-Founder and CEO, BOOKadda. “While BOOKadda is focused on the complete range of books with a catalogue of close to 15 million titles, our other product ACADzone focuses on the competitive exam segment. Now, with the snapping up of KoolSkool, which offers books and stationery items focusing on the K12 segment, we are positioned to offer the entire range of solutions to the learning population in India.”

 

KoolSkool was founded in 2010 by Suhas Dutta and Vyom Khandelia. Dutta is a technology veteran with more than 22 years of working experience. Khandelia is an IIM Calcutta alumnus, and is currently the Director of Position2.

 

BOOKadda.com sells general books in various categories like fiction, non-fiction, mystery, self help, reference and biographies. It also offers books in management, computer, engineering and medical books catering to many university syllabi in India.

 

BOOKadda is backed by former Infosys director Mohandas Pai and Growth Story’s co-founder K Ganesh.

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