A licensing and team deal rather than a product acquisition. Six people join Adobe along with some of Rilo's intellectual property, and terms were not disclosed.
The platform shuts down after the deal and will no longer be available to existing users.
Founded in September 2025 by IIT Bombay batchmates Dhruv Jaglan and Georgi Boby, which puts roughly twelve months between founding and exit.
Rilo raised about $1 million from Peak XV Partners, DeVC and Day Zero Ventures at a $10 million valuation. Investors receive an exit; no revenue figure has been disclosed.
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