Nasdaq-listed voice and speech recognition company Nuance Communications has acquired Noida-based mobile value-add services venture mCarbon Tech Innovations in a cash-and-stock transaction, estimated at about $36 million (INR 240 crore). Founded in 2008 mCarbon Tech Innovations, which started off focusing on core network value add services, provides innovative revenue uplift and customer value management products for telecom operators.

Noida-based Kromozones Software Pvt Ltd, which runs and operates fleet management solutions provider Mind Your Fleet, has raised an undisclosed amount in a bridge round of funding from a group of angel investors. The funding will be utilized for product development, and sales and marketing.