Nexus Venture Partner Invests R20Cr In TalentSprint
by Charmi Gutka
Hyderabad-based TalentSprint has raised R20Cr in Series A equity funding from Nexus Venture Partners.
As part of this Series A investment Anup Gupta- MD of Nexus Venture Partner will join the company’s board of directors.
Founded by Madhumurty Ronanki, Santanu Paul, and J.A. Chowdary, TalentSprint, an NSDC partner company, offers employability programs to young professionals using experiential learning and iPEARL, its proprietary technology platform.
iPEARL is Interactive Platform for Remote Employability and Learning, a remote classroom initiative. It is a platform built using frugal engineering that allows master trainers at urban locations to conduct life-size, fully-interactive experiential classes with remotely-located trainees in other urban or rural locations.
Media.net - an advertising technology startup, which provides products for advertisers and publishers with an entire suite of services, has been bought by Chinese investors for $900 million. Founded by Mumbai based brothers – Divyank and Bhavin Turakhia, this deal puts in shade all the previous acquisitions such as Google’s buyout of AdMob for $750 million in 2010 and Twitter’s acquisition of MoPub for $350 million three years later.