Zuora Inc., a leading monetization platform provider for recurring revenue businesses, has acquired Togai Inc., an event-based, real-time metering and rating infrastructure for usage-based businesses.

Argus Partners advised Togai Inc. on this acquisition deal. The firm also advised Togai's existing shareholders, Together Fund and Boldcap on the sale of their respective shares.

The transaction team consisted of Neha Madan (Partner), Utsav Gandhi (Principal Associate), Abhishek Tripathy (Associate), Aniket Tyagi (Associate).

As per Zuora’s Press Release, Togai's metering and rating solution will become a part of Zuora’s existing product suite, and will be available both as a new standalone usage offering and with Zuora’s existing consumption solution.

This acquisition will enhance Zuora's monetization suite, enabling companies to leverage generative AI to define and manage various pricing models.

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