Bengaluru-based edtech startup Epaathsala has raised an undisclosed amount in its Pre Series A round led by Hyderabad Angels. Times Internet’s startup accelerator TLabs also participated in the round. The funding will be utilized for global expansion and partnerships with educational institutions.
The Small Industries Development Bank of India (Sidbi) issued INR 10 Crore each to agriculture and rural development-focused venture funds Ankur Capital and Omnivore Partners from the ASPIRE fund, a fund of funds with a corpus of INR 60 Crore.
Ubiquity, an Italy-based messaging platform provider has acquired a 51% stake in Bengaluru-based cloud telephony and enterprise communication startup Solutions Infini for an undisclosed sum. This partnership will help Ubiquity build a global mobile communications services company and target customers in emerging markets and increase their presence beyond Europe.
Ganesh Natarajan, IT veteran and former CEO Zensar Technologies, is all set to announce his second investment in a startup called Skills Alpha, a digital learning platform. Skills Alpha, which has been incubated at 5FWorld–a meta-startup platform founded by Natarajan that invests in digitally enabled communities, skills focused startups and digital technology–and is still in beta phase has already signed up with six leading firms that are co-designing the platform for their requirements.