The company started operations in January and launched its product in April 2016 and is already revenue positive.
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Acquisitions of startups have been quite a common occurring in the past year here in India. According to these serial entrepreneurs and investors these are some of the top reasons for an acquisition to take place.
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The proceeds of the investment will be used for expansion and scaling up, boosting payments and commerce and building and launching the proposed Paytm Payments Bank.
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Before joining Universal Business School, Shah co-founded digital social media agency Webitude while Singh co-founded gaming events platform Gamers Association and Imaginations.
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Jasper Infotech, which owns and operates online marketplace Snapdeal, has raised a further $21 million (about Rs 140 crore) from Luxembourg-based investor, Clouse SA, as part of its ongoing funding round.
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Investment validates the strong track record of profitable growth, healthy order book backed technology business and significant global growth potential on the back of PFT’s flagship CLEARTM Media ERP Suite. - See more at: http://www.primefocustechnologies.com/prime-focus-technologies-pft-secures-investment-ambit-pragma-private-equity#sthash.HfYibN84.dpuf
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As India’s fastest growing FinTech Company, Finvasia aims to take the middleman out of an average investor's portfolio. The company believes that with the price war sharpening amongst brokers in India, there is an increasing need to create a technologically driven ecosystem in the country’s financial space.
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IQLECT’s cloud offering help simplifies the overall proposition to start getting insights with real-time data and analysis in less than few hours. The real-time stack for analysis could be launched in few clicks by the user in a fully featured manner.
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