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NEWS March 16, 2016 Paytm acquires Shifu for $8 million
By: sristy SahaPhoto: Bloomberg New Delhi: Payments solutions provider Paytm, run by One97 Communications Pvt. Ltd, has acquired consumer behaviour prediction and recommendation platform Shifu for $8 million, the company said on Monday. Delhi-based Shifu, run by Signal Inc., started operations in August 2012. It mines the smartphone usage patterns of users and makes personalised recommendations to […]
NEWS March 10, 2016 Innerchef acquires EatOnGo and Flavour Labs
By: sristy SahaAcqui-hiring is essentially done for the target company’s talent pool more than its products and services. Bengaluru: Food technology start-up Innerchef, which operates in the ready-to-cook and ready-to-eat meals segments, has acqui-hired two food start-ups, Flavour Labs in Gurgaon and EatOnGo in Bengaluru, signalling further consolidation in the food tech segment starved of cash after […]
CLOTHING February 29, 2016 Craftsvilla acquires food start-up PlaceofOrigin
By: sristy SahaA screen grab of Craftsvilla website. New Delhi: Sequoia-backed Craftsvilla Handicrafts Pvt. Ltd on Friday said it had ventured into the food segment with the acquisition of Bengaluru-based food start-up PlaceofOrigin in an all-stock deal. PlaceofOrigin was founded by two former bankers, Ashish Nichani and Sudarsan Metla, in 2014. The company curates and takes to […]
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