Bartronics signs MoU with Bestvantage

Hyderabad: City-based Bartronics India Ltd announced its partnership with Bestvantage Investments for potential acquisitions of startups in the fintech and insurance sectors. The acquisition will enhance the company’s offerings, support its expansion strategies and result in garnering a turnover of Rs 66 crore.

Bestvantage Investments is an investment advisory firm which provides investors access to alternative investments in startups. Under the MoU, Bartronics will leverage the advisory firm’s expertise to uncover potential investment opportunities that align with Bartronics strategic plan to target market opportunities in urban and rural markets by acquiring startups that offer technological solutions to enhance connectivity and infrastructure in the financial and insurance sector.

N Vidhya Sagar Reddy, Managing Director, Bartronics India Ltd, said: “This MoU with Bestvantage marks a significant step forward in our company’s growth strategy. This partnership not only enhances our ability to make informed investment decisions but also positions us to integrate innovative technologies and solutions, driving long-term value for our stakeholders.”

Under this partnership, Bartronics will receive a ready list of high-potential startups, facilitating acquisitions.

Raman Sharma, Founder and CEO, Bestvantage Investments, said: “This collaboration allows us to leverage our startup verification process and comprehensive industry insights to identify synergies and acquisition targets that align with Bartronics’ strategic goal. Together, we aim to drive innovation, growth, and long-term value creation for both the companies and our stakeholders.”