Mobile advertising organization Affle on Thursday said it will procure an eight per cent stake in cell phone working framework firm Indus OS.
Indus OS works India's biggest free indigenous application store, with key speculation from Samsung Venture Investment Corporation. As indicated by an administrative recording, Affle will pay $2.86 million or about Rs 21 crore, to Indus OS for the stake.
Indus OS has'Indus App Bazaar', which contains more than four lakh applications open in English and 12 Indian dialects — Hindi, Gujarati, Marathi, Tamil, Telugu, Urdu, Odia, Punjabi, Malayalam, Bengali, Assamese and Kannada.
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Affle To Acquire 8 Stake In Indigenous App Store Indus OS For Rs 21 Cr
Mobile advertising organization Affle on Thursday said it will procure an eight per cent stake in cell phone working framework firm Indus OS. "Affle (India), through its auxiliaries, declared the consenting to of an authoritative arrangement to procure eight per cent possession in OSLabs Pte Ltd, Singapore, (Indus OS).
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