TalentSprint buys Java Learning

TalentSprint, a Hyderabad-based skill development and training company that recently raised $1.57 million from National Skill Development Corporation (NSDC) in a Series-B round of funding, has acquired Bengaluru-based Java Learning Center (JLC). JLC, which specialises in offering advanced programming courses in Java and related technologies to new job seekers and young professional, currently has a capacity of 2,000 trainees a year, and will expand to 6,000 immediately as a result of this transaction. The combined capacity will rise to 30,000 trainees a year by 2020, TalentSprint said in a release.

Snapdeal buys MartMobi

E-commerce major Snapdeal has acquired Hyderabad-based mobile technology start-up, MartMobi, for an undisclosed sum. MartMobi, founded by Pramod Nair and Satya Krishna Ganni in December 2012, creates mobile sites and apps for e-commerce stores, and small and medium enterprises. The self-service platform currently has a clientele base of over 150.

Postman raises $1 million

Postman, an application program interface (API) development platform run by Bengaluru-based start-up Postdot Technologies, has raised $1 million (approximately Rs 6.3 crore) in a seed round of funding from Nexus Venture Partners. The year-old start-up is planning to invest the funds in setting up an office in San Francisco sometime during this year, according to DealCurry.

Fabhotels gets $5 million

Hotel accommodation portal Fabhotels.com has got a funding of $5 million (about Rs 31.5 crore) from Accel Partners and Kalaari Capital. Fabhotels works on the asset-light model and has over 50 hotels across six cities.

theKarrier raises $240,000

theKarrier, a platform that links users to local mini-truck service providers, has raised $240,000 (around Rs 1.5 crore) in a seed round of funding by early stage investment firm Sol Primero with participation from OutBox Ventures and Nikunj Jain, founder of Frankly.me.

If you have any information to share, please write to bsreporter@bsmail.in