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Venture Capital | 17 November 2011

One97 Mobility Fund Invests In App Developer - Dexetra

by Irfan Khan
One97 Mobility Fund Invests In App Developer - Dexetra
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One97 Mobility fund has invested in Kerala based mobile app developer Dexetra Software Solutions Pvt Ltd.

The funds will be used for scaling the team size and up-scaling the technology.

Cochin based Dexetra was founded by Narayan Babu. It develops apps for iPhone, iPad, Android and Blackberry phones. It has developed several apps including TryCube2, SecureKeys, AibiNox and Friday. Friday already has over a million users.

One97 Mobility Fund is a $100Mn fund backed by SAIF Partners. The fund invests in early stage mobile companies. In July, it invested $820,000 in Singapore-based mobile gaming company, TheMobileGamer.

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