Zebi acquires Bengaluru-based Blockchain startup Element42

Hyderabad: Global Blockchain company Zebi on Wednesday announced the acquisition of Bengaluru-based start-up Element42 for an undisclosed sum.

Founded in 2015 by IIT alumni, Zebi has made the acquisition to bolster the strength of its in-house Blockchain engineering talent while adding new products and customers, the company said in a statement.

“With the combined resources, we are looking forward to developing and launching many more innovative products targeting telecommunications, BFSI and logistics industries in the coming months,” said Sudheer Kuppam, Co-founder and CEO, Zebi.