Tata Capital Innovations Fund (TCIF), a private equity fund managed by Tata Capital, has invested around $5 million in Alef Mobitech Solutions, a fully owned subsidiary of Alef Mobitech, a next generation mobile internet enhancement pioneer.
The investment by TCIF will help Alef Mobitech Solutions strengthen its business development, marketing and R&D initiatives to establish a leadership position in the mobile internet space, TCIF said.
Headquartered in USA with offices in New Jersey, Mumbai and Pune, Alef Mobitech has pioneered a mobility-cloud interconnect platform and solution suite which enhances user engagement by increasing relevance and responsiveness of mobile internet applications.
Published 05 January 2016, 16:21 IST