Chennai based education and placement company, EdServ has acquired 2tion.com, an online education portal for school and college tuition services.
The deal is all cash and EdServ will acquire the entire portal business of 2tion.com along with its tutors and will have direct access to the 50,000 plus student base of 2tion.com.
ValueFirst Messaging Acquires Cellnext
ValueFirst Messaging, Delhi-based mobile messaging services provider, has acquired Escort Group’s mobile value add services (VAS) firm, Cellnext Solutions Limited.
ValueFirst raised $6 million earlier this year from New Enterprise Associates (NEA) and the company is planning to go public (IPO). The deal will help ValueFirst build a strong portfolio in mobile vas space and an access to Cellnext’s enterprise business.
A few VAS deals from the past:
- Mobile2Win to merge with Altruist
- Canaan Partners Invested in mCarbon
- Microsoft India acquired 20% stake in Affle
Recommended Read: Mobile VAS in India: Numbers that you should know