Imagine Marketing Pvt Ltd has acquired Singapore-based KaHa Pte Ltd to enhance its wearable technology offerings and market position in the rapidly growing IoT sector.
Information on the Target
KaHa Pte Ltd is a Singapore-based company specializing in the end-to-end development of smart Internet of Things (IoT) products. Founded in 2015, KaHa has established a presence across Singapore, India, and China, employing over 90 dedicated professionals and domain experts who focus on cutting-edge product development.
This acquisition by Imagine Marketing Pvt Ltd, the parent company of the popular consumer electronics brand boAt, will enhance KaHa's capabilities in IoT through advanced technologies, including artificial intelligence (AI) and machine learning (ML).
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Industry Overview in India
The wearable technology market in India is on a rapid growth trajectory, projected to reach between $2 billion to $4 billion by 2025, a significant increase from around $0.2 billion
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Imagine Marketing Pvt Ltd
invested in
KaHa Pte Ltd
in 2022
in a Buy & Build / Roll-Up deal