Capillary Technologies Invests in Session M Inc

Capillary Technologies, a SaaS firm, has announced approval for an investment in its wholly owned international branch to acquire the US-based loyalty and engagement platform, Session M Inc. This significant update was revealed in a regulatory filing on Tuesday. The board has sanctioned the investment into Capillary Pte. Ltd. to gain complete ownership of Session M, which is currently a wholly owned subsidiary of Mastercard Inc. Additionally, the acquisition will encompass Session M’s Czech subsidiary.

Established in 2011, Session M provides a cloud-based platform for loyalty and customer engagement. The company reported a revenue of $50.5 million in calendar year 2025, a decrease from $54.5 million in CY2024 and $57 million in CY2023. According to the disclosure, the deal entails a base cash consideration of $20 million and is slated for completion within 180 days from the date of signing.

Capillary Technologies made a modest debut on the stock exchange, launching at Rs 560 per share on the BSE, which represents a 3% discount compared to its issue price of Rs 577. Conversely, the stock opened slightly higher at Rs 571.9 on the NSE.

From a financial perspective, Capillary Technologies’ revenue from operations rose by 16% to Rs 184 crore in Q3 FY26. However, its profit saw a 20% decline, amounting to Rs 8 crore during the same period. By the end of trading today, Capillary Technologies’ share price settled at Rs 512, resulting in a total market capitalisation of Rs 4,067 crore ($447 million).