Online learning firm EdCast has acquired Seattle-based sales training app maker Sales-University, while health food firm Jiyo Natural has bought food delivery company Sangeetha Aahar for an undisclosed sum.
Online Learning Firm EdCast Buys Seattle Based Sales Training App Maker Sales-University
Online learning platform EdCast Inc has acquired Seattle-based sales training app maker Sales-University (formerly WAGmob), for an undisclosed amount, to expand its enterprise learning to Sales organisations.
Founded in January 2011 by Microsoft Engineers - Kalpit Jain and Kavita Jain, Sales-University creates apps for learning and training for iOS, Android and Windows mobile. Its clients include Google, Samsung, Snapdeal and a few Fortune 500 companies. Sales University has over 300 mobile apps for learning and training for iOS, Android and Windows and has over 4 million consumers.
Recently EdCast raised $16 million in its second round of funding led by GE Asset Management, with participation from SoftBank Capital, Cervin Ventures, Standford StartX Fund and Peneta Global.
Going forward, Edcast would continue to scout for acquisitions that provide specialised services in specific sectors, and singled out healthcare as a top priority. “Besides healthcare, we will look at the hospitality sector as well as online retail for acquisitions,” said Edcast founder Karl Mehta.
Health Food Company Jiyo Natural Acquires Food Delivery Firm Sangeetha Aahar
Health food company Jiyo Natural has acquired Bangalore-based food delivery company Sangeetha Aahar for an undisclosed amount.
With this acquisition, the four-year-old company, Jiyo Natural now aims at growing its revenue by 30%. Besides the growth in revenue, Jiyo Natural will increase its capacity by 140%.
After the acquisition, Jiyo will be delivering around 2,700 meals a day and aim to reach close to 4000 in three months.
Going forward. Indian Angel Network-backed Jiyo Natural, which competes with Freshmenu and Cookaroo, also have plans to introduce ready-to-cook meals from the next quarter.
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