Friday, July 2, 2021

Swedish gaming giant Modern Times Group says it has acquired Indian startup PlaySimple for at least $360M, with 77% in cash and the rest in company shares (Manish Singh/TechCrunch)

Manish Singh / TechCrunch:
Swedish gaming giant Modern Times Group says it has acquired Indian startup PlaySimple for at least $360M, with 77% in cash and the rest in company shares  —  Swedish gaming giant Modern Times Group (MTG) has acquired Indian startup PlaySimple for at least $360 million, the two firms said Friday.



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ServiceNow invests $40M in banking software specialist BusinessNext, valuing the 24-year-old Indian company at $700M and taking a roughly 5% stake (Jagmeet Singh/TechCrunch)

Jagmeet Singh / TechCrunch : ServiceNow invests $40M in banking software specialist BusinessNext, valuing the 24-year-old Indian company ...