YAAP completes Gozoop acquisition with largest deal in independent digital agency space
Gozoop to be a subsidiary of YAAP
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Published: Mar 31, 2026 9:57 AM | 1 min read
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Yaap Digital Ltd has successfully acquired a 60.20% stake in Gozoop Online Private Limited for a consideration of ₹36.96 Cr on March 30, 2026. The deal is pegged at more than Rs 125 crore.
This acquisition makes Gozoop Online Private Limited a subsidiary of Yaap Digital Ltd.
According to reports, Yaap Digital executed a Share Purchase Cum Shareholders’ Agreement (SPSHA) to acquire 480 equity shares, representing 60.20% of Gozoop's paid-up equity share capital.
The total acquisition cost is valued at ₹56.62 Cr, comprising ₹36.96 Cr in cash (paid), ₹7.66 Cr via share swap (under process), and ₹12.00 Cr for Excess Net Working Capital (ENCW) payable by July 2026.
The acquisition is planned in three tranches over three years, with Yaap Digital aiming to acquire 100% of Gozoop's shareholding by the end of the third tranche.
The share swap component requires approval from Yaap Digital's shareholders.
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