India's Robosoft Technologies gets $3m from Kalaari Capital
India-focused Kalaari Capital has invested INR220 million ($3.69 million) for a minority stake in mobile apps and games developer Robosoft Technologies. Kalaari Managing Director Kumar Shiralagi and Vice President Sumit Jain will join the Robosoft board.
Robosoft builds applications for the iOS, Android, and Windows platforms for clients. It had revenues of around INR500 million ($8.3 million) for the 2013 financial year. The majority of its business comes...
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