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The M&A Game Of Indian Founded Startups In January
Fremont: Indian startups are no more just a frog in the well. They have learned how to fly; fly high and make their own space out there among the experienced as well recognized entrepreneurs. They have started creating value for themselves in the market. And, that is why big companies are either acquiring these startups or these startups are acquiring their competitors to diffuse competition for themselves. The game of merger and acquisitions has become more frantic in the startup ecosystem. Below mentioned are few such startups that were been acquired or has acquired a company, in the month of January this year.
Dascient Acquired By Twitter
The California based web-security startup Dasient was acquired by Twitter to combat spam and malicious advertising. By joining Twitter, the company will be able to apply its technology and team to scale Twitter. However, the deal amount was kept undisclosed.
Dascient was founded by three former Google staffers, Neil Daswani, Ameet Ranadive and Shariq Rizvi in 2008. The company develops software that identifies and protects against web-based malware and malicious advertising, and even traces the link back to their sources.
