Germany based Hager Group has acquired door communication systems provider Elcom International. As a part of this transaction, Hager has also acquired over 51% stake in Elcom Door-Communications (I) Pvt. Ltd.
Jasper Infotech Pvt. Ltd., that regulates e-commerce platform Snapdeal, has raised over $21 million as part of its earlier announced funding round from Luxembourg-based firm Clouse SA. As a separate entity, BlackRock Inc. - the mutual-fund investor in Snapdeal has also retained its valuation in the digital marketplace.