India's Robosoft gets Series B round, spins out subsidiaries
Indian mobile app developer Robosoft will spin off its subsidiaries after receiving a INR740 million ($11.8 million) Series B round led by Ascent Capital, with participation by existing investor Kalaari Capital.
The two subsidiaries to be spun off are iOS game maker 99Games, creator of cooking simulator Star Chef, and audio-video app developer Global Delight. In a statement, Robosoft said that splitting off the...
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