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Mergers & Acquisitions | 22 September 2014

Yahoo Acquires Tech Startup Bookpad

Making its first buy in the Indian startup market, Yahoo that has been on an acquisition spree globally has acquired Bangalore based tech startup, Bookpad for a consideration of INR 500 Mn.

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Venture Capital | 22 September 2014

Sequoia Leads Investment In Mobile VAS Firm VerSe Innovation

Mobile VAS firm VerSe Innovation has raised over INR 1,000 Mn in its second round of funding led by Sequoia Capital India valuing the seven year old startup close to $150 Mn (c.INR 9,000 Mn). The round also saw the participation of existing investors Matrix Partners India and Omidyar Network India Advisors.

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