🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

News on Medial

Capillary Technologies to acquire Mastercard-owned Session M for $20 Mn

EntrackrEntrackr · 2d ago
Capillary Technologies to acquire Mastercard-owned Session M for $20 Mn
Medial

Capillary Technologies to acquire Mastercard-owned Session M for $20 Mn SaaS firm Capillary Technologies has approved an investment in its wholly owned overseas arm to acquire US-based loyalty and engagement platform Session M Inc., the company disclosed this development in a regulatory filing on Tuesday. The board has cleared an investment into Capillary Pte. Ltd. to buy 100% shareholding in Session M, which is currently a wholly owned subsidiary of Mastercard Inc. The transaction will also include Session M’s Czech subsidiary. Founded in 2011, Session M operates a cloud-based loyalty and customer engagement platform. The company posted a turnover of $50.5 million in CY2025, down from $54.5 million in CY2024 and $57 million in CY2023. As per the disclosure, the deal involves a base cash consideration of $20 million and is expected to be completed within 180 days from the signing date. Capillary Technologies made a muted debut on the stock exchange, listing at Rs 560 per share on the BSE, a 3% discount to its issue price of Rs 577. On the NSE, the stock opened slightly higher at Rs 571.9. On the financial front, Capillary Technology’s revenue from operations increased 16% to Rs 184 crore in Q3 FY26. On the other hand, its profit decreased by 20% to Rs 8 crore in the same period. At the end of today’s trading session, Capillary Technologies’ share price stood at Rs 512, giving the firm a total market capitalization of Rs 4,067 crore ($447 million).

Related News

Capillary Technology posts Rs 184 Cr revenue in Q3 FY26; profit falls 20%

EntrackrEntrackr · 21d ago
Capillary Technology posts Rs 184 Cr revenue in Q3 FY26; profit falls 20%
Medial

SaaS firm Capillary Technologies has announced its financial results for Q3 FY26 after debuting on Indian stock exchanges last quarter. The firm’s revenue increased by 16% during the third quarter, while its profit fell to single digit in the quarter. The company’s revenue from operations increased to Rs 184 crore in Q3 FY26 from Rs 159 crore in the same quarter last year, according to its financial statement sourced from NSE. Founded in 2008, Capillary provides cloud-native loyalty, CRM, and customer engagement solutions to over 390 brands across 46 countries. Other income contributed an additional Rs 4 crore, which drove its total income of Rs 188 crore for the quarter. For the nine-month period ending December 2025, the firm’s revenue increased 22% to Rs 543 crore from Rs 446 crore a year earlier. The company’s employee benefit expense accounted for half of the total cost. This expense rose 22% to Rs 90 crore in Q3 FY26 from Rs 74 crore in Q3 FY25. Its software and server charges stood at Rs 33 crore for the quarter. Overall, the company’s total expense rose 19% to Rs 179.5 crore in Q3 FY26 from Rs 150.5 crore in Q3 FY25. Capillary Technologies’ profit decreased by 20% to Rs 8 crore in Q3 FY26 from Rs 10 crore in Q3 FY25. On a sequential basis, the company’s profit spiked from Rs 30 lakh in Q2 FY26. Capillary Technologies made a muted debut on the bourses, listing at Rs 560 per share on the BSE, a 3% discount to its issue price of Rs 577. On the NSE, the stock opened slightly higher at Rs 571.9. At the end of today’s trading session, Capillary Technologies’ share price stood at Rs 612, giving the firm a total market capitalization of Rs 4,857 crore ($535 million).

Capillary Technologies to open IPO on Nov 14; cuts issue size

EntrackrEntrackr · 3m ago
Capillary Technologies to open IPO on Nov 14; cuts issue size
Medial

Capillary Technologies to open IPO on Nov 14; cuts issue size SaaS startup Capillary Technologies is set to launch its initial public offering (IPO) on November 14, with the issue closing on November 18. The Bengaluru-based company has also reduced the size of its public offer. According to the company’s revised filings, Capillary will raise Rs 345 crore through a fresh issue, compared to Rs 430 crore proposed earlier. The offer-for-sale (OFS) component has also been pared down to 92.2 lakh shares from 1.83 crore shares mentioned in the draft prospectus. The equity shares are proposed to be listed on both the BSE and NSE. Capillary had filed its Draft Red Herring Prospectus (DRHP) in June 2025 and received SEBI’s approval in September. Axis Capital, ICICI Securities, and JM Financial are the book-running lead managers for the issue. The price band and valuation details are expected to be announced in the coming days. Promoters currently hold a 67.18% stake in Capillary Technologies India, while 32.82% is owned by public shareholders. Key investors include Ronal Holdings (7.53%), AVP Fund (5.51%), Trudy Holdings (4.49%), Filter Capital India Fund (3.66%), and Schroders Capital (1.54%). Founded in 2008 by Aneesh Reddy, Krishna Mehra, and Ajay Modani, Capillary provides cloud-native loyalty, CRM, and customer engagement solutions to over 390 brands across 46 countries, including Tata Digital, Aditya Birla Fashion, and Abbott Labs. On the financial front, the company delivered a robust performance in FY25, with revenue rising 14% year-on-year to Rs 598 crore. Capillary also turned profitable during the year, reporting a net profit of Rs 14.1 crore, compared to a loss of Rs 68 crore in FY24. According to the start-up data intelligence platform TheKredible, Capillary Technologies has raised a total of $239 million in funding to date.

Download the medial app to read full posts, comements and news.