Venture capital firm Accel Partners has acquired around 20% stake in Kolkata-based Mihup Communications and is investing over Rs 45 crore.
Pankaj Gupta, chief technology officer of Stayzilla has also picked up 0.99% stake in the company. Mihup is working on both software and hardware part of speech recognition system and man-machine interface, which will be ready after Diwali,” Mihup co-founder Tapan Burman said.
