{"id":994583,"date":"2026-02-25T10:27:13","date_gmt":"2026-02-25T04:57:13","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=994583"},"modified":"2026-02-25T11:33:26","modified_gmt":"2026-02-25T06:03:26","slug":"capillary-technologies-to-acquire-mastercards-sessionm-for-20-million","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/02\/25\/capillary-technologies-to-acquire-mastercards-sessionm-for-20-million\/","title":{"rendered":"Capillary Technologies to acquire Mastercard&#8217;s SessionM for $20 million"},"content":{"rendered":"<p>Software-as-a-service (SaaS) company Capillary Technologies, which manages loyalty programmes for corporates, is acquiring US payments major Mastercard&#8217;s loyalty and rewards business SessionM for $20 million in an all-cash deal. <\/p>\n<p>This is the company\u2019s fifth acquisition focussed on growing its loyalty and engagement suite, the company\u2019s founder and CEO Aneesh Reddy told ET on Tuesday. <\/p>\n<p>SessionM, which was acquired in 2019 by Mastercard, will bring over $35 million in annual recurring revenue (ARR). Capillary currently has an ARR of $82 million. The deal will add about 40% to Capillary\u2019s ARR, Reddy said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Software-as-a-service (SaaS) company Capillary Technologies, which manages loyalty programmes for corporates, is acquiring US payments major Mastercard&#8217;s loyalty and rewards business SessionM for $20 million in an all-cash deal. This is the company\u2019s fifth acquisition focussed on growing its loyalty and engagement suite, the company\u2019s founder and CEO Aneesh Reddy told ET on Tuesday. SessionM, which was acquired in 2019 by Mastercard, will bring over $35 million in annual recurring revenue (ARR). Capillary currently has an ARR of $82 million. The deal will add about 40% to Capillary\u2019s ARR, Reddy said.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-994583","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/994583","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=994583"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/994583\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=994583"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=994583"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=994583"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}