Smarter Capital has acquired a 50% equity stake in Chilliapple, an award-winning software development and digital transformation agency headquartered in Tunbridge Wells.
A strategic software-development acquisition
Smarter Capital is pleased to announce the acquisition of a 50% equity stake in Chilliapple.
Chilliapple is a Tunbridge Wells-based software development and digital transformation agency specialising in bespoke development projects, mobile and web applications, ecommerce websites and long-term digital support.
The business has built a strong reputation for technically robust, future-proof coding and high-quality web design delivered at commercially competitive pricing.
A growing legacy in web and app development
Founded in 2008 by Nick Sharps and Lokesh Gupta, Chilliapple has grown profitably year after year and established itself as a trusted development partner.
With nearly two decades of experience, the agency's capabilities span ecommerce, software as a service, app and website development, web design, search-engine optimisation and dedicated developer services.
Its client base includes start-ups, SMEs, enterprise organisations and household-name brands.
Combining the strengths of the UK and India
Chilliapple operates a distinctive hybrid agency model that brings together bespoke design, strategic guidance and project management from its UK headquarters with a highly skilled development team in India.
This integrated structure enables the business to deliver innovative and scalable digital solutions while maintaining close client relationships and strong commercial oversight.
Deep technical expertise across the modern technology stack
The business has comprehensive development expertise across a wide range of modern technologies and platforms.
Its industry-recognised credentials include official recognition as a Magento Partner and Certified Developer, an Adobe Solutions Partner, a Shopify Partner and a Laravel Certified Partner.
These certifications reflect both the team's technical proficiency and its commitment to delivering scalable, reliable and innovative digital solutions.
Chilliapple's core capabilities include
- Bespoke web and application development.
- Ecommerce platform design, development and integration.
- Software-as-a-service platforms and custom business systems.
- Mobile application development.
- Search-engine optimisation and digital support.
- Dedicated development-team services.
Strengthening capability and leadership
The transaction sees Smarter Capital acquire the equity held by co-founder Nick Sharps.
Lokesh Gupta remains a 50% shareholder and will continue to lead Chilliapple's development hub in India.
The UK team remains under the leadership of Sophie Dixon, who is stepping up to the board and will work closely with Smarter Capital's Executive Team to deliver the next phase of growth.
“I am delighted and excited about this new venture and the experience and opportunities that Smarter Capital brings to Chilliapple.”
Lokesh Gupta, Co-Founder, Chilliapple
Building on a strong foundation
Lokesh welcomed the new partnership and thanked Nick for his contribution to Chilliapple's growth.
His continued leadership of the India development operation provides continuity and preserves the technical culture and delivery capability that have helped distinguish the business.
“Chilliapple is a key tactical addition to our group, enhancing our in-group capabilities to support our expanding portfolio of companies.”
Karl Paul, Chief Acquisitions Officer, Smarter Capital
A tactical addition with significant growth potential
Karl Paul said Chilliapple strengthens Smarter Capital's internal digital and software capabilities while also providing a strong platform for organic and acquisition-led growth.
Smarter Capital will collaborate closely with Lokesh, Sophie and the wider Chilliapple team to expand the business and develop its service proposition.
The long-term strategy for Chilliapple
The growth plan will combine continued organic development with operational improvements and carefully selected acquisitions.
Strategic priorities include
- Supporting ambitious clients with best-in-class web and app development.
- Enhancing operational efficiency and expanding the client base.
- Exploring acquisitions that can accelerate scale efficiently.
- Strengthening Chilliapple's enterprise-level capabilities.
- Becoming a digital-transformation partner of choice for major organisations.
“Smarter Capital offers a wealth of experience and expertise in the digital space that will enable unparalleled growth of Chilliapple.”
Nick Sharps, Co-Founder, Chilliapple
Why Smarter Capital was the acquirer of choice
Nick Sharps said Smarter Capital's understanding of scaling technology companies and its strategic approach to investment made it the right partner for Chilliapple.
He highlighted the value of combining capital with relevant sector knowledge, industry connections and practical guidance.
Smarter Capital's experience supporting high-growth businesses aligned closely with Chilliapple's ambition to accelerate expansion and enhance its service offering.
Seeking further opportunities in software and IT services
As part of its long-term growth strategy, Smarter Capital continues to seek partnerships and acquisitions involving UK-based software and IT-services businesses.
By combining technology expertise, digital-transformation capability, operational support and commercial growth experience, the group aims to create lasting value across its portfolio.
About Chilliapple
Chilliapple is an award-winning software development and digital transformation agency specialising in bespoke web and app development, ecommerce solutions and custom software.
The company combines UK-based project leadership with a highly skilled development operation in India.
Visit ChilliappleAbout Smarter Capital
Smarter Capital partners with ambitious businesses and provides strategic, operational and digital support to accelerate growth and create long-term value.
Learn more about Smarter Capital