M&A

M&A

Merchant payments enabler DotPe acquires PoS startup Rista

Inc42  

Gurugram-based online-to-offline commerce platform DotPe has acquired point-of-sale (PoS) startup Rista in an all-cash deal. This marks the entry of DotPe into the PoS segment and strengthens its bouquet of offerings to the offline merchants. Post the acquisition, Rista will continue to work as a standalone business. Founded in 2015 by Srini Vasan, Rista claims to have around 1,500 merchants and offers them billing and inventory management solutions. Among the top merchants of Rista are Nirulas and PVR Cinemas. Founded in 2020, DotPe is a commerce and payments platform for offline enterprise businesses.