When making acquisitions, the need to look outside a company for new ideas should be seen as a clear benefit and not a detriment to its core business or employees. But what kind of benefits? For example, legacy businesses have deep roots in their respective industries, but acquisitions allow new branches of service and product to sprout in new directions.
At the Entrepreneur India Summit, one of the panel discussions under the family summit was titled, ‘Turning Start-Up Acquisitions into Success for Legacy Business.’ Moderated by features editor Priya Kapoor, along with the points mentioned above, the companies participating spoke about their origin stories, and also how to identify a partner that will allow the start-up to fuel similar growth.
