India: Instamojo acquihires entertainment firm Showman
Photo by Josh Appel on Unsplash
Payment provider to small and medium enterprises, Instamojo, on Thursday announced that it has acqui-hired Bengaluru-based virtual theatre and vernacular content platform, Showman.
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This is Instamojo’s first acquisition since its inception in 2012, and will allow the startup to branch into software offerings.
The investments will be used for developing the mobile app further and expanding the team.
