Thrive Future Habitats buys 12.59% of 1908 E-Ventures despite target's ₹2.5Cr loss
What's the deal? Thrive Future Habitats Limited has acquired 757,578 shares — 12.59% — of 1908 E-VenturesDealroom has a profile for this one. Try Dealroom → Private Limited (1908 EVPL), with plans to eventually make it a wholly-owned subsidiary. The company has an approved target of 30.31% and expects further share transfers soon.
As of May 26, 2026, the shares were credited to Thrive Future Habitats' demat account, confirming partial completion of the acquisition.
Why now? Thrive Future Habitats is executing a phased acquisition strategy, steadily building its stake toward full ownership. The 12.59% transfer marks a concrete step in that plan, with the remaining shares expected to follow.
What could go wrong? The target company's financials are bleak. 1908 EVPL reported a net loss of ₹2.52 crore for FY25 and recorded zero turnover — a steep fall from ₹6.43 crore in FY23 and ₹1.58 crore in FY24.
Acquiring a company with no revenue and mounting losses could weigh on Thrive Future Habitats' consolidated balance sheet. Turning around 1908 EVPL's performance will be critical to justifying the deal.
The signal: Despite being classified as "early growth" on Dealroom, 1908 E-Ventures' trajectory tells a starkly different story — turnover collapsing from ₹6.43 crore in FY23 to nil in FY25. Thrive Future Habitats' phased buyout of a revenue-less entity suggests it sees value beyond current financials, whether in underlying assets, licences, or strategic positioning, but the burden of proof now sits squarely with the acquirer.
Read more: whalesbook.com
