Ecommerce Solutions Provider Infibeam Incorporation Acquired DRC Systems

Ecommerce Solutions Provider Infibeam Incorporation Acquired DRC Systems

Ecommerce solutions provider, Infibeam Incorporation Ltd., acquired DRC Systems Pvt. Ltd. through its wholly-owned subsidiary NSI Infinium Global Pvt Ltd for an undisclosed financial amount. DRC Systems provides cloud enterprise ERP solutions and develops customised software for e-commerce applications. Infibeam has been engaging DRC Systems’ services to provide customised BuildaBazaar solutions to its merchants in […]

Invoice Discounting Platform - KredX

Invoice Discounting Platform KredX Acquired NewYork Based Startup Hummingbill

Invoice Discounting Platform, KredX, acquired New York headquartered Accounts Receivables Management software startup Hummingbill for an undisclosed sum. This acquisition will help KredX to enhance its technological capabilities on Accounts Receivables side along with the addition of the talent pool from Hummingbill. KredX also aims to enhance its customer experience, optimize invoice delivery, tracking, follow-ups […]

Queue Management Startup - Sminq

Queue Management Startup Sminq Acquired Software Service Provider CodePandora

Queue management startup, Sminq running under Sminq India Solutions Pvt. Ltd., acquired Codepandora, a UX-focused software service provider, in a cash-and-equity deal. After this acquisition, CodePandora founder Bjorn Mascarenhas will be heading the UX efforts at Sminq and he will be assisting the startup to realize a broader global vision. Queue management startup Sminq was founded in […]

Domestic Help Provider Mydidi Acquired Mumbai Based TimemyTask

Domestic Help Provider Mydidi Acquired Mumbai Based TimemyTask In All Stock Deal

On-Demand Domestic Help Provider, Mydidi, has acquired Mumbai-based TimemyTask that runs an on-demand home cleaning services platform in an all-stock deal. As per the deal, Mydidi will acquire all the workers and technology of TimemyTask and the company will run under name of MyDidi. The deal value will be about $10-15 Millions, the first acquisition […]

ANT Financial Acquired US Payment Firm MoneyGram

ANT Financial Acquired US Payment Firm MoneyGram For US$880Mn To Expand In USA

Alibaba group affiliate ANT financial (Ant Financial Services Group) is all set to buy the US Payment Firm MoneyGram (press release) for US $880 Million to expand their market in the USA. Ant Financial is paying about US $13.25 per share for NASDAQ-listed MoneyGram. The deal is to be subjected to regulate which approves in expected to […]

Ex-IIT Delhi's Jyoti Bansal's AppDynamics An Application Intelligence Software Platform Acquired By Cisco For US$3.7Bn

Ex-IIT Delhi’s Jyoti Bansal’s AppDynamics An Application Intelligence Software Platform Acquired By Cisco For US$3.7Bn

An ex-IIT Delhi graduate Jyoti Bansal has just sold the company he founded eight years ago in April, 2008 in the US San Francisco, AppDynamics –  a leading application intelligence software platform, to Cisco for US $3.7 Billion. After the acquisition completed, Bansal owns 14% stakes of the company. So he’ll get about US $520 […]

Customer Service Platform Freshdesk Acquired Data Integration Platform Pipemonk

Customer Service Platform Freshdesk Acquired Data Integration Platform Pipemonk

Cloud-based Customer Service Platform, Freshdesk, acquired data integration platform Pipemonk which was formarly known as ZapStitch. Pipemonk allows companies to synchronize and move data amongst multiple cloud apps quickly and easily. This is the seventh acquisition by Freshdesk in the last 16 months and is in tune with its strategy to create an ecosystem of interlinked […]

Snapchat Acquires Israeli Augmented Reality Startup Cimagine

Snapchat Acquires Israeli Augmented Reality Startup Cimagine

Snap Inc, the parent company behind the popular messaging app Snapchat, is buying Israeli augmented reality startup Cimagine Media for an estimated USD $30-40 million, marking Snapchat’s first acquisition in Israel reported Israel’s Calcalist News on Sunday (IE). Cimagine developed true markerless augmented reality—technology that allows users to virtually place furniture and appliances they wish […]

Wixty Inc. Acquired Brazilian Dating Social Platform Kingr

Wixty Inc. Acquired Brazilian Dating Social Platform Kingr For US$150K In All Cash Deal

The leading Delhi-based software company, Wixty Inc., has acquired Brazilian Dating Social Platform Kingr for US $150K in all cash deal. Kingr is one of the leading dating platform for promotion of communication between the Christians of Brazil. Brazilian Dating Social Platform Kingr was founded by Marco Rocha on Dec. 1st, 2015 with a cause […]

Hiring Platform - CoCubes

Aon Hewitt Acquired Gurgaon Based Assessment & Hiring Platform CoCubes

Global leader in human resource solutions, Aon Hewitt of Aon Plc, has acquired Gurgaon-based assessment and hiring platform CoCubes in an all-cash deal. CoCubes works with 600+ corporate clients to execute entry level and lateral assessments and has access to more than a million candidates through its platform. Assessment and hiring platform CoCubes was founded by […]