Manak Waste Management Pvt. Ltd, a Gurgaon-based online seller of used electronic goods that operates as Cashify, has acquired Bengaluru-based MobiBing (Innowhiz Online Services Pvt Ltd.) in a cash and stock deal whose value wasn’t specified. Cashify, formerly known as ReGlobe, aims to increase and strengthen its presence in south India. The acquihire will help Cashify access more users and build a stronger network in the region.
Star India Pvt. Ltd, a subsidiary of Rupert Murdoch’s Twenty-First Century Fox Inc., has invested close to $10 million in data science and analytics start-up Sagacito Technologies Pvt. Ltd. Sagacito aims to help businesses maximize market share and margins through predictive data analysis.
Bengaluru-based chat-commerce platform LookUp got acquired by NowFloats, which creates websites on the fly for small and medium-sized enterprises (SMEs). LookUp is a chat-based commerce platform, essentially enabling users to discover and reach out to merchants in their vicinity. NowFloats, on the other hand, marries location and mobile to help local businesses create and manage their SEO-powered websites via SMS.
Bengaluru-based food company Mast Kalandar is in advanced talks to close a $10-million funding round. It had earlier raised investments from Footprint Ventures and Helion Venture Partners.
Ecommerce startup Dreamworld Digital, which runs online retail store BollyWoo.ooo focused on Bollywood fashion and trends, is in talks with three leading private equity players to raise $5-6 million. The funding will be utilized to expand from apparels business to Bollywood locations tourism.
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