Colab Platforms Limited [scrip code: 542866], a diversified technology platform listed on BSE, today announced that it has signed a non-binding term sheet to acquire a majority 51% stake in Indiaoneonline ("IndiaOne"), a rapidly growing digital platforms and technology services company.
This landmark move positions Colab at the center of India's digital economy, a sector projected to surpass US $1 trillion by 2030 and contribute nearly 20% of national GDP by FY 2029-30. The acquisition underscores Colab's ambition to become a formidable growth company spanning sports, esports, and now digital technology platforms.
"This agreement marks a transformational leap forward for Colab Platforms," said Mr. Puneet Singh, Managing Director of Colab Platforms Limited.
"With Indiaoneonline, we are entering one of the fastestexpanding sectors of the Indian economy. The combination of our scale, credibility, and diversified presence with IndiaOne's product innovation will enable us to capture significant market share and establish Colab as a serious force in India's digital future."
Colab Platforms will leverage IndiaOne's product-led technology expertise with its own capital strength, market access, and organizational capabilities to rapidly scale in one of the world's fastest-growing technology markets. Key priorities upon completion include:
- Accelerated Product Scaling: Fast-tracking IndiaOne's roadmap in e-commerce enablement tools, digital distribution, logistics tech, and customer engagement SaaS products.
- Geographic Expansion: Extending reach across new Indian states and select international markets, leveraging Colab's networks and distribution access.
- High-Value Partnerships: Forging alliances with fintechs, enterprise clients, and digital distribution partners to embed IndiaOne's technology at scale.
- Capital Efficiency & Margin Expansion: Driving sustainable and profitable growth by integrating Colab's financial discipline with IndiaOne's innovation engine.
Colab Platforms has consistently executed on a forward-looking diversification strategy, evolving from its technology roots to a multi-vertical enterprise spanning:
- Sports & Esports - creating India's most trusted esports and sports-tech ecosystem.
- Digital Platforms - building scalable technology solutions for the next billion digital consumers.
Each vertical reinforces the other, creating a flywheel of growth, innovation, and shareholder value creation.
The acquisition positions Colab Platforms as a unique diversified growth platform - spanning sports, esports, and digital technology - aligned with government initiatives to accelerate digital adoption and sports development. With strong sector tailwinds, disciplined capital deployment, and a proven ability to scale, Colab aims to deliver exponential long-term value for shareholders.