Mobile messaging and cloud telephony startup - Solutions Infini Technologies is planning to raise between $ 5Mn and $8 Mn in the next 6-12 months as stated by startupcentral. The funds would be used for expansion, marketing and talent acquisition.
This Bangalore-based enterprise led by Ashish Agarwal and Aniketh Jain is a messaging solution. With over 1500+ clients worldwide, including Fortune 500 companies, the company has a growth over 214% year on year, observed last year. Its core offerings are interactive business tools like Messaging broadcast, Voice broadcast, Shortcodes, Longcodes, Keywords, Missed call to SMS, Missed call to call, SMS to call, Click to call, Polls, and Virtual IVRS.
Apart from Bangalore, the company also has offices in Mumbai, Delhi and Hyderabad. It is currently self-funded.
It had recently launched a cloud-based call and lead logging tool called DialStreet in April. DialStreet is a comprehensive lead management tool that enables enterprises to log telephone leads and measure marketing RoI. It also enables businesses to list themselves on more than 200 marketplaces in India and is supported by its own cloud telephony platform.
Its client base spans sectors such as real estate, ecommerce, FMCG, retail, hospitality, healthcare and media. Its global partners include Aircel, Tata, Loop Mobile, Infi Hosting & DigitOne.
Via active membership of various industry associations like IAMAI - The Internet and Mobile Association of India, TiE - The Indus Enterprenurs, BNI - Business Networking International, Solutions Infini helps define the mobile VAS space by sharing information on industry trends, debating and formulating solutions to industry issues and providing input on nascent technologies and standards.
In this space, India Internet Group invested in instant app builder Snaplion for an undisclosed amount.
IDFC Asset Management Co. Private Ltd a/c - IDFC Premier Equity Fund bought 4,99,881 shares of Vardhman Textiles at R285 on the BSE aggregating to R14.24 Cr. It has picked 1.56% stake in the company. The share closed at Rs 289.70, down R5.10, or 1.73%.
UTI Ventures Funds Management Company Private Limited, the private equity investment subsidiary of UTI Asset Management Co Pvt Ltd, has sold its stake in Ascent Capital Pvt Ltd to the management of the firm, which is headed by Raja Kumar.