Baby products focused flash sales site Hopscotch has acquired Mumbai-based online school & educational supplies store SkoolShop for an undisclosed amount, reports The Economic Times. The terms of the acquisition were not disclosed, although the report says it was an all-stock transaction. HopScotch co-founder told the publication that this acquisition will allow them to expand its customer base and also provide them with a larger vendor base. At the time of writing this article, we noticed that SkoolShop has already shut its own site and has started redirecting its customers to Hopscotch site. It's not clear whether Skoolshop team has joined Hopscotch or not. Update: Hopscotch has informed Medianama that SkoolShop co-founder Anusha Mahalingam is joining the company along with a few employees. SkoolShop's other co-founder Satya Raghavan will be not joining Hopscotch. Yet another victim of e-commerce consolidation? SkoolShop was probably yet another victim of the ongoing e-commerce consolidation in the country. Note that SkoolShop's competitor AllSchoolStuff had also shut down last month while BookAdda had acquired KoolSkool in March this year to integrate its offering to the portal. SkoolShop had previously raised undisclosed amount of Series A funding from Blume Ventures & angel investors like Sunil Kalra, Srikant Shastri, Vikas Choudhary and Puneet Deora in March last year. It had also secured angel funding from Getit Infomedia CEO Jaspreet Bindra and Google India MD Rajan Anandan. All the investors have exited the company following this deal. Founded in 2011 by Satya Raghavan and Anusha Mahalingam, SkoolShop offered education & school related products. This includes course books, school bags, digital educational content, school apparels…
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