Indian startup ecosystem is again drawing the attention of global tech giants. According to a news report, ZipDial -- a startup working with mobile value added service space -- is either in advance negotiations to be acquired by Twitter or has already closed the deal.
TechCrunch reported that the deal is likely in the $30 million to $40 million region. It said some sources are talking about others (possibly Facebook) also being in the race.
ZipDial is in the business of analysing mobile use cases like missed calls. This action is interpreted as an input for commercial actions and analytics.
The company is already working with Twitter so that users can dial/hang up on a number to activate receiving a Tweet stream from a specific Twitter account.
The startup company was co-founded by Sanjay Swamy, chairman; Amiya Pathak, the COO; and Stanford-educated, US transplant Valerie Wagoner, CEO.
Published 13 January 2015, 20:33 IST