Home Business JCurve Solutions Buys Riyo for $600,000

JCurve Solutions Buys Riyo for $600,000


Sydney-based cloud service provider, JCurve Solutions announced that it has acquired BDP software company Riyo for $600,000 to match its existing enterprise resource planning business. The acquisition expected to be finalized on 31 May.

JCurve Solutions stated that Riyo platform has been successfully piloted with two enterprise customers in Australia on May 14, 2018. It is a platform to provide on-demand or scheduled booking services to businesses. Its software platform caters to the service industry with its booking, dispatch and payment functionality. The system is used by businesses that handle on-demand or scheduled installations over a few businesses.

JCurve Chief Executive Stephen Canning said, “The acquisition of the Riyo software platform adds to our growing suite of solutions. We are purchasing a robust, scalable, industry standard technical architecture which has been successfully tested through product trials.”

Further, Stephen added, “The software platform could be rolled out in its current state or may be developed into other verticals and integrated into our ERP offerings.”

Riyo Chief Executive Adam Kundrat said, “The Riyo software platform is a disruptive technology which has multiple potential commercial applications. Customers demand convenience, transparency, and engagement in a single, mobile experience.”

Last year, JCurve Solution posted a profit before tax loss of $161,864, overall the company closed the half year with a net profit after tax of $393,427.



Previous articleAudi Stops A6 Production Due to New Emission Cheating
Next articleStarbucks To Foray into China
Supriya has been the lead news writer at leading newspaper at San Francisco, CA. Supriya is a lively and engaging writer with strong news judgment and social media know-how. She covers Science, Automotive & technology sector and produce stories that include perspective and context for savvy, sophisticated readers. She has relationships with scientist, business owner and techies. Her news is published not just by going beyond the board meeting story but also following the people, trends and issues in respective sector.


Please enter your comment!
Please enter your name here