Girnar Soft, recently announced the acquisition of Drishya360s Software in a cash-plus-stock deal. With the deal, all employees of Drishya360s will join Girnar Soft.
Founded in 2010 by Shashanka Adiga, Drishya360s is a premier photography and video production, augmented reality, virtual reality, and web-designing and hosting firm. With the acquisition, Girnar Soft will build interactive virtual reality technology and augmented reality platform for CarDekho, Gaadi, BikeDekho, among others. Additionally, Girnar Soft will also leverage Adiga and his team’s experience to develop online and offline advertising solutions.
Adiga will report to Girnar Soft’s Director-Strategy Rahul Yadav.
Speaking on the acquisition, Yadav, said, “Having offered a plethora of options and innovative features on our platform, we have been working on the next phase of our evolution. The acquisition of Drishya360s is a step in our long-term growth strategy and enables us to develop interactive virtual reality solutions for our portals. By using and upgrading Drishya360s’ existing technology interface, we are confident that we will deliver the highest level of user experience.”
Shashanka Adiga added, “Drishya360s was established with an aim to simulate and recreate a virtual reality interface that enabled a real-life experience over a digital medium. Joining Girnar Soft will allow us to integrate our existing technical framework into its robust technological infrastructure and develop world-class augmented reality solutions for businesses.”
With companies such as CarDekho.com, BikeDekho.com, ZigWheels.com and TruckDekho.com under its banner, Girnar Soft has been working on developing virtual and augmented reality solutions to take user experience to another level. CarDekho recently launched ‘Feel the Car,’ with which a consumer gets immersive experience of car to help in decision making.
Drishya360s is the fourth startup acquired by Girnar Soft in the last 18 months. Earlier it acquired Gaadi.com, Zigwheels.com, and BuyingIQ.