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Mergers & Acquisitions | 24 April 2015
Infosys Invests In Air Quality Monitoring Startup Airviz; Acquires Edutech Firm Kallidus Inc

Infosys Invests In Air Quality Monitoring Startup Airviz; Acquires Edutech Firm Kallidus Inc

Country’s second largest software services exporter, Infosys’ is acquiring US based Kallidus, an e-learning content and consultancy services for $120 Mn including retention bonus and a deferred component. The company is also picking up a minority stake worth $2 Mn in Airviz, an a personal air quality monitoring startup spun out from the Carnegie Mellon University.

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Venture Capital | 24 April 2015
Accel US Leads Investment In Online Insurance Broker Coverfox

Accel US Leads Investment In Online Insurance Broker Coverfox

Coverfox, an online broking company, has raised $12 Mn (c.R75 Cr) in its Series B round led by Accel US along with the participation from existing investors Accel India and SAIF Partners.

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