Acquisition · Enterprise Software & IT
Novus Loyalty to acquire 80.87% stake in AutoPe
By Startup Enthusiast ·
- Date
- Company
- Novus Loyalty
- What it does
- AI-driven loyalty platform for enterprises
- Kind
- Acquisition
- Amount
- ₹105.13 crore
- Sector
- Enterprise Software & IT
What they do
Novus Loyalty runs an AI-powered loyalty platform serving over 100 enterprises across sectors
What happened
It signed a term sheet to buy up to 80.87% of AutoPe Payment Solutions for about ₹105.13 crore
Why it matters
AutoPe, a fintech focused on payment solutions, reported ₹62.10 crore revenue and ₹13.60 crore profit in FY25
The details
- Novus Loyalty signed a term sheet to acquire up to 80.87% stake in AutoPe Payment Solutions.
- The acquisition consideration is approximately ₹105.13 crore for that stake.
- AutoPe's aggregate equity valuation is ₹130 crore on a 100% fully diluted basis.
- The transaction will be funded through cash and implemented in tranches.
- The first tranche is targeted via a definitive Share Purchase Agreement.
- The balance stake will be acquired within ~10 months, subject to due diligence.
The bigger picture
- Novus Loyalty aims for strategic growth, business expansion, and operational synergies.
- The acquisition is expected to strengthen Novus Loyalty's overall business profile.
- AutoPe has shown consistent revenue growth from ₹44.85 crore in FY23 to ₹62.10 crore in FY25.
- AutoPe's profit after tax grew from ₹7.62 crore in FY23 to ₹13.60 crore in FY25.
About the business
- Novus Loyalty is an AI-driven loyalty platform for enterprises.
- It serves 100+ enterprises across various sectors.
- The platform has 40 million+ consumers and processes 400 million+ transactions per month.
- It handles 1 million+ earning transactions per day and 7 billion+ points earned per year.
- Modules include Customer Engagement & Rewards, Employee & Partner Incentives, and CX Automation Suite.
- Other modules are Enterprise Loyalty, E-commerce Loyalty, and Merchant Monetization.
- It offers plug-and-play integration for Shopify, WooCommerce, and Wix using NoCXy AI for setup.
- The platform provides instant rewards for e₹ (CBDC), UPI, and referrals, plus an AI-powered scheme for short-term financial goals.
What happens next
- Novus Loyalty aims for strategic growth, business expansion, and operational synergies.
- The acquisition is intended to strengthen the company's overall business profile.
The deal
- Type
- acquisition
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