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Digital ad-tech company Fork Media has acquired majority stake in digital audio marketing startup Rappio Advertising. Financial details of the deal remains undisclosed.
Hyderabad-based Invecas, a startup which designs chips, has today announced it is acquiring Lattice’s HDMI Design Team and Simplay Labs subsidiary, which oversees standards compliance and interoperability testing services.
Jugnoo has launched a new B2B SaaS product - Fugu. It is a proactive chat software that handles customer requests and supports businesses of all types and sizes.
Snapdeal-Flipkart merger, which was expected to go ahead after board's approval, has now been called off. In a contrast turn of events, the struggling eCommerce entity will now run on its own.
Aye Finance, which provides loans to SMEs, has raised Rs 10 crore by selling part of its loan portfolio to M&M Financial Services. The funding will be used to provide loans to MSMEs.
To ensure that employees don't quit the company after the acquisition by Axis Bank, FreeCharge employees will be given a six month retention bonus.
The deal of Snapdeal's acquisition of Flipkart, which was approved by the board last week, is reportedly in trouble as the founders are pushing to run the company independently.
PayU, one of the leading online payment gateway, has announced that it now supports UPI payments on its platform. It has on-boarded over 50 merchants for the service, including BookMyShow and MakeMyTrip among others.
Online aggregator for fitness centers and Gyms - Gympik, has today raised funding from RoundGlass Partners. It will spend money on expanding operations and its technology team.
Healthcare startup Portea Medical is currently in advanced talks to raise Rs 160 crore funding in its Series C round from Sabre and Accel.