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MakeO, the parent of dental tech startup Toothsi and skincare brand Skinnsi is set to acquire Andhra Pradesh-based Apple Oral and Dental Pvt Ltd (Apple Dental), according to regulatory filings reviewed by Entrackr.
As per its filing with the Registrar of Companies (RoC), toothsi’s parent, makeO, will acquire 100% equity in Apple Dental for a total consideration of Rs 10.98 crore through a mix of cash and stock. Apple Dental will operate as a wholly owned subsidiary of makeO.
In addition, makeO will extend a loan of Rs 1.5 crore to Apple Dental at an…
