YPlan: Time Out acquires events discovery and booking platform YPlan for as little as £1.6M

YPlan, the events discover and booking platform, has been acquired by publicly listed media company Time Out Group for an initial price of £1.6 million - significantly less than the approximately £31 million that the London startup had raised. The acquisition is an all-stock deal too. Investors in YPlan included well-known VCs Octopus Investments, Wellington