FundTQ helps EazyERP Technologies in merger with Recibo Technologies

GURGAON, India - Nov. 16, 2023 - PRLog -- FundTQ Facilitates Strategic Merger Between EazyERP Technologies and Recibo Technologies

FundTQ, the pioneering digital funding assistance platform, proudly announces its exclusive role in advising and facilitating the merger between EazyERP Technologies and Recibo Technologies. This strategic collaboration brings together two industry leaders to create a powerhouse in Enterprise Risk Management (ERP), Distribution Management System (DMS), and Sales Force Automation (SFA) solutions.

EazyERP Technologies, recognized among the top three companies in ERP and DMS, has joined forces with Recibo Technologies to extend its offerings into SFA. This merger aims to provide comprehensive ERP-DMS-SFA solutions, positioning the combined entity for unparalleled growth and market dominance. The anticipated result is a combined revenue of Rs. 200 Crore by the year 2024, boasting an impressive EBITDA margin of 40%.

EazyERP Technologies offers a comprehensive suite of solutions across various industries, including ERP, DMS, SFA, Payroll, Asset Management, CRM, and Customized Solutions. Recibo Technologies, an omnichannel platform, specializes in Sales Force Automation, B2B ecommerce, Distribution Management, and Retail Execution solutions tailored for Brands and Wholesale Distributors.

Aanchal Malhotra, Growth Partner at FundTQ, expressed enthusiasm about the merger, stating, "The collaboration between EazyERP Technologies and Recibo Technologies presents a significant opportunity for both companies to provide end-to-end solutions to large enterprise clients. Leveraging FundTQ's proprietary technology, the selection of the right partner from among 45+ potential target companies was made convenient."

About FundTQ

FundTQ, renowned for its one-of-a-kind digital funding assistance platform, specializes in Mergers and Acquisitions and Cross-Border Deals. With features like Instant Valuation and Connecting with the Right Investors, FundTQ uses AI-based software to assist startups in valuing their businesses and connecting with relevant investors within minutes. Currently, FundTQ is the go-to platform for over 1,000 startups and 3,000 investors globally.

This strategic merger is set to reshape the landscape of ERP, DMS, and SFA solutions, providing clients with a seamless and integrated experience. For further information or media inquiries, please visit: https://fundtq.com/