Apalya is backed by IDG Ventures, Kalaari Capital, Cisco and Mumbai Angels Arre, a digital media brand*owned and operated by serial entrepreneurRonnie Screwvala’s UDigital Content, has acquired Hyderabad-based on-demand video streaming company*Apalya Technologies in an all-cash deal. While the size of the deal has not*been*disclosed, The Economic Times pegs it*at around*US$3 million-US$3.7 million. The transaction...
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The post Ronnie Screwvala’s Arre acquires video streaming firm Apalya appeared first on e27.
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