Startups acquiring startups – a new emerging trend?

February 4, 2009 at 8:35 am 6 comments

tazanaanObaid Ahmed of informs us that they have acquired and that the founder of Danyal Agheem has joined as Regional Director for Islamabad. How I wish I had known this yesterday during my flying one-day visit to Islamabad! I would have certainly tried to catch Danyal on tape (digital tape that is!)

In the announcement on his blog, Obaid certainly sounds excited about this acquisition. He says:

Today we are pleased (and excited!!) to announce that has been acquired by This acquisition will provide our members with an improved listing service in cities like Islamabad. We are also pleased to announce that with this acquisition, we are now able to provide listings for Rawalpindi as well. The acquisition will result in greater efficiencies and significantly increase our market share. We also welcome the founder of, Danyal Agheem, to our team as our Regional Director for Islamabad. Danyal’s experience in running successful community based website will increase’s overall growth. We welcome Danyal to our team. also welcomes all current users of, we hope to provide them with the same excellent quality listings in Islamabad that Tazanaan has been providing.

Mazaydar has also appointed Mahmood Mirza and Bilal Ahmad as Community Directors for Karachi and Peshawar respectively. Both have great entrepreneurial skills and are passionate about taking Mazaydar to the next level.

I wonder is this a new trend? Instead of competing in the same space, are young entrepreneurs beginning to look at combining their strengths and energies to take their initiatives to the next level? I know one such deal does not entail a trend but I wonder if there areothers who are looking at this as an option? I am sure some are.

Good luck Obaid, Danyal and the team. Mazaydar on its own was headed places but having just looked at Tazanaan, I get the feeling you have just added a “tiger in your tank” 😉

Entry filed under: Posts.

Pakistan Ranks #4 in SMS Usage Am I a Blogoholic?

6 Comments Add your own

  • Startups acquiring startups – a new emerging trend?…

  • 2. Obaid Ahmed  |  February 4, 2009 at 11:36 am

    Thanks for the quick post!

    It really is exciting to work with other people with same vision. InshaAllah together we will be able to take Mazaydar to the maximum potential.

  • 3. Ansar  |  February 4, 2009 at 6:10 pm

    Sometimes they call this kind of acquisition as “Acquiring for Talent” – quoting Tom Peters …

  • 4. peshawar  |  February 6, 2009 at 7:29 pm

    i agree with you

  • 5. Mahmood Mirza  |  February 7, 2009 at 2:35 am

    Thanks for the coverage Jehan! Do stop by and let us know how we could make the user experience more enjoyable and useful before your next trip to Isloo 🙂 Feedback (via email or the feedback widget) is *GOLD* so please leave comments and suggestions – thanks!

  • 6. Islamabad  |  February 16, 2009 at 7:02 pm

    thanks for the article


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

Trackback this post  |  Subscribe to the comments via RSS Feed

Past Posts

Twitter Updates

%d bloggers like this: