BorderPlus, Mayank Kumar's first acquisition with a German company

                SUMMARY: BorderPlus, a talent mobility startup founded by Mayank Kumar of upGrad, has made its first acquisition, purchasing German healthcare recruitment company Onea Care, just days after receiving its first round of funding. Kumar stated that the buyout will aid in growing the startup's activities in the nation, albeit without disclosing the deal's financial details. In a statement, BorderPlus stated that as part of its mergers and acquisitions (M&As) strategy, it intends to put aside $10 million (INR 85.5 crore) to strengthen its position in regions such as Germany and India.UpGrad cofounder Mayank Kumar's talent mobility business BorderPlusBorderPlus Datalabs_in-article-icon has made its first acquisition, purchasing German healthcare recruitment firm Onea Care, only days after receiving its first round of funding. Kumar stated that the buyout will aid in growing the startup's activities in the nation, albeit without disclosing the deal's financial details. As part of its mergers and acquisitions (M&As) strategy, BorderPlus stated in a statement that it intends to put aside $10 million (INR 85.5 crore) to strengthen its position in markets such as Germany and India. In order to streamline its operations, including employment, language training, and the smooth integration of healthcare experts, the business also hopes to power its digital first solutions.BorderPlus is a talent mobility platform that provides Indian blue-collar workers with worldwide employment prospects.

It was launched last year by Kumar and Ayush Mathur, the former head of European operations for OYO. The company began by giving Indian nurses employment possibilities in German healthcare facilities.Owl Ventures led the startup's initial $7 million investment round in February, with involvement from angel investors such as Ritesh Agarwal, the creator of OYO, and Binny Bansal, the founder of Flipkart. In October of last year, Kumar left his position as managing director of upGrad to start his business.Owl Ventures led the startup's initial $7 million investment round in February, with involvement from angel investors such as Ritesh Agarwal, the creator of OYO, and Binny Bansal, the founder of Flipkart. In October of last year, Kumar left his position as managing director of upGrad to start his business.