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Indian Startup Funding [February 1 -6]: $320 Mn Raised Across 21 Deals - Vimarsana News

Indian Startup Funding [February 1 -6]: $320 Mn Raised Across 21 Deals

Acquisitions In Indian Startup Ecosystem Sweden-based free-to-play gaming studios Stillfront Group will acquire Bengaluru-based Moonfrog Labs Private Limited, the company behind popular games like Teen Patti Gold, Ludo Club, Rummy Gold and others. The acquisition will be conducted in four tranches, leading to a 100% takeover. Online travel and ticketing company Ixigo announced that it will acquire 100% stake in train discovery and booking startup Confirmtkt. The transaction would be a through mix of cash and Ixigo stock. Both companies would continue to operate independently after the transac...

Source: inc42.com