As part of the transaction, existing investor Leapfrog has partially sold its stake in the company. Leapfrog invested $29 million in IFMR Capital in 2014 and will remain a key investor.
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This acquisition is subject to customary closing conditions and is expected to close in quarter ending March 31, 2017.
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Uber and Indonesia's second-biggest taxi operator PT Express Transindo Utama Tbk announced on Monday a partnership on ride-sharing and vehicle financing.
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The platform is a seamless video delivery platform that solves the arduous task of streaming videos in low bandwidths, and has powered some of the most famous educational and entertainment video content companies in India.
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With $3 million in Series-A funding early last year, this takes the total funding raised by NoBroker.com to $20 million from its inception.
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Events High will use the funding to expand its organiser base and customise user experience on its platform.
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The entire team of 50 people from the Enlightiks will join Practo and will form the Analytics Business Unit within Practo which will be headed by Vamsi Chandra Kasivajjala, Co-Founder & CEO, Enlightiks.
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Pi is headquartered at Amaravati, the capital of the newly re-organised state of Andhra Pradesh. Epsilon will be actively involved in assisting with the build and growth of Pi, having already introduced local blue-chip prospective clients.
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