Bangalore based bus tracking and analytics platform, YourBus has been acquired by IbiboGroup, which had acquired redBus last year. The financial terms of the deal has been left undisclosed for now.
“With redBus, we want to take Live Bus Tracking to every bus in India and make it a de-facto feature in all buses and to all bus passengers,” says a post by YourBus team.
YourBus was founded by Rajesh Mallipeddi and Satya Padmanabham in 2011.
Pinterest, the popular social media site famous for its easy and user-friendly methods of bookmarking, has introduced Hindi as a language option. According to an e-mail sent to its Indian users, those who feel comfortable in Hindi can change the language settings on their profiles. The language rollout currently featured is quite similar to what Facebook and Google + offer in India. Pinterest now facilitates 26 languages, although Hindi is the only Indian language currently supported. This Hindi rollout has also been introduced to Pinterest’s Android app, provided the phone’s system language has been set to Hindi.
Chinese Internet Giant, Alibaba has invested $215 Mn in mobile messaging and voice calling app, Tango for a minority stake in the company. The funding round will value Tango at over $1.1 Bn. This investment is part of a $280 Mn funding round that Alibaba is leading, which also will see other current investors in Tango.
Tango is based out in Mountain View, California, and was founded in 2009.