EAZY ERP Technologies has announced the merger of Recibo Technologies Pvt Ltd to foray into sales force automation (SFA) for providing inclusive ERP-SFA-DMS Solutions to CPG (consumer packaged group) customers.
The merger is expected to provide enough scope for the company to capture market share and achieve a combined revenue of Rs 100 crore by 2024. Additionally, it intends to build a strong team to expand in the markets of the Middle East, Africa and South East Asia.
Emphasising the growth of market share through the merger, Kunal Singhal, MD (managing director) of EAZY ERP, said, “ The merger of Recibo is one step ahead for achieving the much larger roadmap towards changing the whole technology landscape of the distribution systems and the way those solutions are applied so far.”
“The merger not only opened the scalability of offerings but has also brought in the competence and rich experience of Dharneesh, who now steps up as co-founder and COO of EAZY ERP Technologies Pvt Ltd,” he added.
Announcing the merger with EAZY ERP, Dharneesh B R, founder of Recibo (Now the co-founder and COO of EAZY ERP ), Said, “In a span of just three years of launch, Rebico has powered over 100 brands and now combined with Eazy ERP, we have more than 600 brands, which has given us an advance position in the sales and distribution automation industry.”