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Times Internet, has recently acquired moneysights, an innovative personal finance platform for an undisclosed amount.

moneysights was founded in 2009 by Mukesh Kalra & Santosh Navlani, both early employees at InMobi, as a digital platform that enabled consumers to discover, personalize, buy, and manage their investments. The venture was put on hold due to funding constraints in 2012.

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moneysights will now be further developed within Times Internet, and will operate under the leadership of its co-founder, Mukesh Kalra.

moneysights had earlier raised $270k from from ex-HP & IBM senior executive Prasad Duvvuri, Blume Ventures & inmobi’s Naveen Tewari in June 2011.

Satyan Gajwani, CEO of Times Internet said: “Mukesh and team hit upon a key consumer need: a smarter, more transparent way to manage your money. This was moneysights’ goal when it started, and we are happy to work together to actualize that vision. Mukesh has a great understanding of product and technology, and is passionate about the opportunity. We’re excited to jointly take forward this mission.”

Mukesh Kalra, Co-Founder of moneysights said: “When we were building moneysights a few years ago, we realized that while we had a strong product and a great team, key levers for success in the personal finance space were missing – Brand which exudes Trust, Distribution channel with access to large captive audience and a Partner with a longer term vision. With Times, all the three levers get completed and hence we have this unique chance to build a hugely successful business in this space”.

Recently, Times Internet has also acquired Mumbai based couponing service CouponDunia and Dineout.

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