Home / Business and Economy / Sathya Agencies Acquires Unilet Appliances for ₹140 Crore
Sathya Agencies Acquires Unilet Appliances for ₹140 Crore
17 Oct
Summary
- Sathya Agencies completed the acquisition of Unilet Appliances for approximately ₹140 crore.
- The acquisition adds 54 showrooms in Karnataka, strengthening Sathya's presence.
- Sathya Agencies is now India's 5th largest consumer electronics retailer by revenue.
Chennai-based retail company Sathya Agencies has successfully acquired Bengaluru-based Unilet Appliances for an estimated ₹140 crore. This acquisition is a significant step for Sathya Agencies, enhancing its presence across South India.
The deal adds 54 showrooms in Karnataka to Sathya Agencies' network. This expansion provides the company with a strong entry into the state's consumer durables and electronics market, benefiting from Unilet Appliances' existing store network and local market knowledge.
As of January 31, 2026, Sathya Agencies operated 427 stores across Tamil Nadu, Karnataka, Kerala, Andhra Pradesh, and Puducherry. The company is poised to become India's fifth-largest consumer electronics retailer based on FY2025 revenue and is preparing for upcoming festive sales in Karnataka.
