Bengaluru-headquartered database management startup Webyog recently made news headlines for getting acquired by Texas-based Idera in an all-cash deal.
This is Idera’s second acquisition in less than a year, after it took over AquaFold, a cross-platform database tools provider, in July 2017. As said, Idera aims to leverage Webyog’s tools to further expand and bolster its product portfolio to include solutions that support open source databases like MySQL.
Interestingly, Webyog has remained bootstrapped since its launch in 2006 by Rohit Nadhani, who happens to be the cousin of FusionCharts founder and CEO Pallav Nadhani. As part of the move, the Webyog team has been absorbed by Idera and will continue to expand their products and services.
However, as they say, “Once an entrepreneur, always an entrepreneur.” For Rohit, the journey doesn’t end here. Post the acquisition of Webyog, Nadhani has now turned his focus on CloudMagic, which was incubated in Webyog and spun off as a separate company in 2013.
Inc42 caught up with Rohit to know the backstory behind the acquisition, the synergies Idera is looking to explore with Webyog and his plans ahead with CloudMagic. Here is a brief excerpt from the interaction.