HackerEarth, a GSF accelerator startup, has raised Rs 3.1 Cr in seed round of funding led by AngelPrime with GSF Accelerator also participating in the round. The firm plans to use the latest funding round to expand operations in India and overseas markets.
HackerEarth was founded by Sachin Gupta and Vivek Prakash, in 2012. The company will be working to expand its presence in Eastern Europe, Southeast Asia and United States in the next one year. “These locations are hot spots for developers,” said Sachin Gupta
It’s a is a talent hunting site which only caters to programmers and developers. Possible employers can post real engineering problems and community members who solve them can then be selected for projects, assignments etc. It competes with Codelity and Interviewstreet.
Ecommerce company, Infibeam has recently acquired digital marketing company ODigMa for $5 Mn (Rs 32 crore), in a stock and cash, which is five times the current turnover of the Bangalore-based company.
ODigMa provides strategy, digital marketing, and technical services to hundreds of companies across major retail and services sector to enhance their customer engagement and brand experiences that drives eCommerce performance in India. This acquisition will broaden Infibeam’s own service capabilities in online space, which the company provides through its B2C platform Infibeam.com, and B2B platform BuildaBazaar.com.
ODigMa was launched in 2011, it has more than 400 client base and over 100 employees and partners who will be part of Infibeam post acquisition. ODigMa will continue to render its services with current team capabilities in Bangalore, Mumbai and Delhi.