MUMBAI: Foodtech major Zomato, which has been in talks to acquire full-stack sports platform Fitso since September, has reportedly closed the deal for a 100% stake in the Gurugram-based company at a price of Rs 800 million to Rs 1 billion.
This is the first acquisition by Zomato it bought out UberEats in January 2020.
“The deal has been internally announced by Zomato. Fitso’s team along with its co-founders will join Zomato,” one of the sources close to the developments told entrackr.com reports.