reAlpha Tech Corp. Acquires Naamche

December 4, 2023

reAlpha Tech Corp. (Nasdaq: AIRE) announced definitive agreements on December 4, 2023 to acquire Naamche (Naamche, Inc. and Naamche, Inc. Pvt. Ltd.) to add AI/ML, data engineering and cross-platform development capabilities. The deal — including a combination of cash and equity consideration and later closed in May 2024 — brings a ~25-person product and engineering team led by founder Ramesh Pathak into reAlpha to accelerate development of real-estate focused AI solutions.

Buyers
reAlpha Tech Corp.
Targets
Naamche, Inc. / Naamche, Inc. Pvt. Ltd.
Sellers
Ramesh Pathak, Barun Pandey, Saramsha Dotel
Location
Bagmati Province, Nepal
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.