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Rakesh Deshmukh: Deshmukh, along with IIT Bombay alumni Akash Dongre and Sudhir Bangarambandi, founded Indus OS in 2013. Through its marketplace App Bazaar, the platform allows users to discover and access mobile applications in their own language.
Deshmukh, along with IIT Bombay alumni Akash Dongre and Sudhir Bangarambandi, founded Indus OS in 2013. Through its marketplace App Bazaar, the platform allows users to discover and access mobile applications in their own language.
Fintech giant PhonePe has finally announced the acquisition of Indus OS’ parent OSLabs after buying investor Affle’s entire stake at premium.
The Singapore High Court has dismissed appeals filed by Affle, challenging the acquisition of Indus OS by Flipkart-owned PhonePe.
Read more about PhonePe files complaint with Sebi against Ventureast Fund over OSLabs deal on Business Standard. PhonePe says Ventureeast sold shares to Affle in a side deal while engaging on the sale of same shares in favor of PhonePe