BSECompany Update4 Aug 2026 · 4 Aug 2026, 02:07 pm
Press release- Capillary Acquires CustomerGlu Platform
Capillary Technologies India Ltd · 544614
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Capillary Technologies India Ltd has acquired the CustomerGlu software platform and associated intellectual property from Marax AI, Inc. to redefine the next generation of AI-powered loyalty and customer engagement.
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Capillary Technologies India Ltd - 544614 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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www.capillarytech.com
Date: August 04, 2026
To To,
BSE Limited National Stock Exchange of India Limited
Listing Department Listing Department
Phiroze JeeJeebhoy Towers, Dalal Exchange Plaza , Bandra Kurla Complex
Street Fort, Mumbai -400001 Bandra (East), Mumbai -4000051
Scrip Code: 544614 Symbol: CAPILLARY
Dear Sir/Madam
Subject: Announcement under Regulation 30 and other applicable provisions of the SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 2015 - Press Release
In compliance with Regulation 30 and other applicable provisions of the SEBI (Listing Obligations
and Disclosure Requirements) Regulations, 2015 (as amended), please find enclosed the Press
Release titled "Capillary Technologies Acquires the CustomerGlu Platform to Redefine the Next
Generation of AI-Powered Loyalty and Customer Engagement."
The announcement will also be available on the website of the Company at
https://www.capillarytech.com/investors/shareholder-information/press-release/
We request you to take the above information on records.
Yours faithfully,
For Capillary Technologies India Limited
Gireddy Bhargavi Reddy
Company Secretary and Compliance Officer
Membership No. A17091
Place: Bengaluru
Capillary Technologies India Limited
CIN- L72200KA2012PLC063060
Regd. Office - 360, bearing PID No: 101, 360, 15th Cross Rd, Sector 4,
HSR Layout, Bengaluru, Karnataka 560102
Email: secretarial@capillarytech.com
Website: www.capillarytech.com
Tel: 080-41225179
www.capillarytech.com
Capillary Technologies Acquires the CustomerGlu Platform to Redefine the Next
Generation of AI-Driven, Interactive Loyalty Experiences
Capillary integrates CustomerGlu’s interactive engagement layer with its AI core to eliminate
engineering bottlenecks and redefine global customer retention.
Bengaluru, August 4, 2026 — Capillary Technologies, a global leader in AI-powered loyalty and
customer engagement, has, through Capillary Pte Ltd, through an asset purchase agreement,
acquired the CustomerGlu software platform and associated intellectual property from Marax AI,
Inc., the Delaware-based gamification company backed by Techstars, Better Capital, Pentathlon
Ventures, SmartStart, Ramakant Sharma (founder of Livspace), and Paradigm Shift Capital. This
acquisition is a strategic move to unite an interactive engagement layer with AI-led
personalization, creating a scaled platform for the next generation of loyalty.
Founded by Prateek Gupta, Raman Shrivastava, and Sumant Subrahmanya, CustomerGlu
began at Marax AI by using AI to predict buying behavior. Today, it leverages GenAI to not only
predict but trigger in-app gamified actions that drive retention at scale. This allows enterprise
brands to bypass heavy IT dependencies, enabling marketers to launch interactive UI
experiences like challenges and streaks, directly into their digital products in near real-time.
The acquisition follows an eight-month AI-led transformation spearheaded by CEO Prateek
Gupta, who leveraged AI to expand into new markets and scale the business. This feat of agility
mirrors the efficiency the CustomerGlu SDK brings to Capillary’s enterprise clients globally.
“This acquisition addresses a core challenge of IT dependencies that hinder marketing agility.
With CustomerGlu, Capillary enables teams to launch and optimize digital experiences in real-
time, reinforcing our marketer-first commitment and giving brands the speed to deliver interactive
engagement at scale.” — Siddhant Jain, Chief Customer Officer, Capillary Technologies.
“The future of loyalty lies at the intersection of intelligence and experience. Our journey evolved
from RNN-based churn prediction to AI-driven actioning, leading to CustomerGlu’s SDK as the
interactive layer for modern loyalty and customer engagement. Capillary’s enterprise reach and
AI foundation make this a natural fit to help brands deliver more personalized, effective
engagement at scale.” — Prateek Gupta, Co-Founder and CEO at CustomerGlu.
About Capillary Technologies
Founded in 2012, Capillary Technologies is a global leader in AI-powered customer loyalty and
engagement solutions. The platform helps brands deliver personalized, omnichannel experiences
that drive customer retention and business growth. Supporting 100+ loyalty programs in over 46
countries, Capillary powers loyalty for enterprise brands. Capillary’s SaaS platform delivers loyalty
experiences for 1.9 billion+ consumers and is recognized by leading industry analysts. Know more
at www.capillarytech.com.